Quote:
Originally Posted by Flying Ace
that's a good mix based on your age. I'm also assuming you're going to try to retire at 60? You still have close to 20 years left.
Question on your shitty annuities. Are there penalties for withdrawing it early? What's the payout/yield on it? Is it currently paying or it'll pay later?
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Cool, thanks for the sanity check on the mix. Yeah, I'd like to retire at 60.
Forgot to mention, I actually have a pension too! Through my first employer back in the day. it's not a ton of money and I try to forget about it as opposed to planning on depending on it, but it'll pay out nearly $1k/month from retirement till I'm dead. Not a bad little revenue stream.
I have no answers to the annuity questions. That's how little I know about it. I need to just call them ans say my broker is no longer in the picture so tell me all you can about what I bought in to. All I know is that it was a lump-sum deposit I made back in 2011 after I rolled my old 401K out from under my previous employer and needed a tax deferred place to stash it.