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wannascuba

Member Since 2005-10-21
Offline Last Active 2012-05-21 19:57
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#5222639 Retirement At 30

Posted KNJ on 2012-04-16 12:39:30

View Postwannascuba, on 2012-04-16 12:29:27, said:

View PostKNJ, on 2012-04-16 11:49:25, said:

130kUSD, annuity lifetime, probably 600+ USD a month, but no inflation, nearer to 400 a month with inflation adjusted.
Secondary Market annuity more
Berkshire Hathaway 8% for 30years, total payout close to a million dollars
http://www.totalretu...-offerings.html

Are these rates legit, are they fixed? Is the capital insured?

I am very interested in finding more about how these annuity's work, and which firms are best and reputable??? Does any ave more info this

Like the type of investing, in stepped and phases, so they mature a different time?

Thanks

Annuities can be fixed term, a few years, many years or lifetime
Can cover one or two people,
can be paid monthly, every two month, quarter or yearly
Lifetime can include inflation payments,
deffered payments
Better payouts if you are a smoker, or have a recognised illness.
There are many variables and many options, you need to research and find the best and most suitable, the payments vary considerably.
Plenty of information on the web, but RESEARCH is the key. I am  sure there are more experts here that post than I .
But are they legal YES 100%, Berkshire Hathaway  is run by the smartest financial brains on the planet bar none IMHO


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