Oh darn, it sounds like such a good deal! Of course- I can tell they are salesmen and am skeptical. But in all seriousness, if I make 2.5% guaranteed, which is more than any high yield savings account, what am I missing?! I had a strong feeling it was a scam but I can’t pinpoint why. Can you tell me the secret?
What are your thoughts on the annuity? In some ways I’m drawn to it because I know how thrifty we can be. Even though I’m fairly certain we have enough in investments, I think we will be tempted to continue to scrimp and save for the unknown. Vs with pension, SS and an annuity, we would not be making a killing, but it would be a known that we’d feel free to spend. I was just thinking enough to cover expenses beyond what the pension and SS would be expected to over and then leave the rest invested. Can you share your thoughts on this thinking and on the particular type of annuity that’s best?
Thank you for your idea and welcome back to the US!