How much guaranteed retirement income do you need?

How much guaranteed retirement income do you need?

- in Retirement
2329
Comments Off on How much guaranteed retirement income do you need?
Image Via CNN MOney

I’m looking to retire soon and a financial adviser wants me to invest half of my $700,000 401(k) balance in an annuity. I’m wary of doing that as the annuity’s annual fees total almost 3% and I’m also already eligible for a combined Social Security and pension benefit of $70,000 a year. What do you think? –D.H.

Read more at CNN Money

You may also like

Do I have enough money to retire or am I just kidding myself?

Creating reliable income in retirement isn’t just about