Refinancing for a 32% Increase in Income
My wife and I just completed a couple big “refinancing” retirement moves last month. One may ask, “Why would someone do any refinancing in our current higher interest rate environment?” If you are refinancing a mortgage or some other debt you owe, you would not. But if you are “refinancing” a Delayed Income Annuity (DIA), […]
Fitting an Income Annuity into your Retirement Plan
In my last post I discussed my thinking about why I decided to purchase an annuity from an insurance company. This post will discuss how I arrived at the type of income annuity and how much to purchase.