Quote:
Originally Posted by GregWeld
This is interesting! Shows a complete lack of planning and understanding of money.... Or even "life" as in. Your future?!?!?
http://m.cnbc.com//id/100434965 |
Ameriprise tried to sell me annuities..
Before the crash in 2006/2007...I stayed in Cash after selling a home....That way I was in control of the money in 2009...
Also people need to do the research..One study says you need 11 times your yearly spending to survive retirement...
I say you need 14 to 17 times your yearly spending in funds to survive...And it must be invested for dividends , ect.... And not in cash.
Filling out the paperwork now for the 3.75% 30 year fixed right now...