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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Retirement Investing
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Author: richinmd   😊 😞
Number: of 1282 
Subject: Re: I like annuities
Date: 06/30/25 8:43 PM
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While I've mentioned I'm not fond of annuities and only have checked them out on websites like immediateannuities the one area I could see them being of value is if I pass away first.

Like many here, often one partner is into finance and the other has zero interest. My wife is someone who would be much better off with having income come in per month and spending that.

If she has access to all of the money I'm not sure she would limit herself to something like a 4% withdrawal rate.

As it is she would need someone to help with doing the estimated quarterly taxes and once someone does that for you, they will often want to manage your money which is often a bad idea.

Rich
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This community has written 1,215 posts about Retirement Investing. The article-length ones it recommended most:
The Case for Long-Term Buy and Hold Investing · 49 recs · 2025
Transferring assets to the next generation · 20 recs · 2025
Retirement Year 8 · 17 recs · 2025
(nearly) year one of retirement has been good · 11 recs · 2026
Buying Treasuries Via Vanguard · 10 recs · 2023
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