Home > Retirement Income

Retirement Income

What Does $3 Million Buy

Submitted by tom on

$3 million in savings buys roughly $5,000 per month or $60,000 per year in inflation adjusted income.

This is inflation adjusted fixed income rather than annuity-based income.

Click here for more on TIPS and inflation adjusted retirement income.

Forums: 
Retirement Planning
Key Phrases: 
Retirement
Retirement Income
Glossary: 
Annuity
Inflation
Retirement Planning
TIPS
Income
Key Phrases:
Forums: 
Retirement Planning
Glossary: 
Annuity
Inflation
Retirement Planning
TIPS
Income
Key Phrases: 
Retirement
Retirement Income

Should I invest in a variable annuity?

Thanks for reaching-out.

It is generally very difficult if not impossible to provide a simple yes/no answer to this type of question without having much more detail regarding your situation and needs.  That said, here are some things to think about:

Glossary: 
Annuity
Asset Accumulation
Asset
Insurance
Liquid
Liquidity
Variable Annuity
Pension
Bequest
Social Security
Income
Financial Advisor
Financial Planning
Companies: 
TIAA-CREF
Key Phrases: 
Retirement
Retirement Income
Expenses
Saving
Employer
Retirement Plan
Healthcare
FAQ Topics: 
Annuities Information
Key Phrases:
Glossary: 
Annuity
Asset Accumulation
Asset
Insurance
Liquid
Liquidity
Variable Annuity
Pension
Bequest
Social Security
Income
Financial Advisor
Financial Planning
Key Phrases: 
Retirement
Retirement Income
Expenses
Saving
Employer
Retirement Plan
Healthcare
FAQ Topics: 
Annuities Information
Companies: 
TIAA-CREF

TIAA-CREF CEO Urges Focus on Retirement Income Rather than Wealth Accumulation

TIAA-CREF CEO Roger W. Ferguson recently wrote a piece encouraging policymakers and consumers to think about reframing retirement planning . Ferguson urges readers to focus on the primary objective of a stable stream of retirement income that lasts throughout retirement rather than wealth accumulation.
Companies: 
TIAA-CREF
Key Phrases: 
Retirement
Retirement Income
Retirement Plan
Glossary: 
Retirement Planning
Income
Key Phrases:
Glossary: 
Retirement Planning
Income
Key Phrases: 
Retirement
Retirement Income
Retirement Plan
Companies: 
TIAA-CREF

Pages

Advertisement

Trending Now

Follow Us

Twitter icon
Facebook icon
LinkedIn icon

Latest Tweets

America’s retirement crisis could cost federal and state governments an estimated $1.3 trillion by 2040, according… https://t.co/c44NV5mqxb — 11 months 3 weeks ago
RT @HiddenValueGems: I rarely pay attention to macro forecasts. I’d rather spend time looking for great businesses selling cheap. However,… — 11 months 3 weeks ago
Copyright 2008-2024, Annuity Digest. All rights reserved | Terms of Use | Privacy Policy