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), […]
Should I Purchase an Annuity Today?
In the summer of 2020, I wrote a blog post about why we decided to purchase two annuities. Recently, a friend asked me if we were glad we made the purchases and if I thought purchasing an annuity today was still a good idea. The answer, as with everything in financial planning is, “it depends.”
