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Showing posts with the label annuities

out living your money - who wants to get old?

Considering that last week I was so sick I thought I was going to die - being concerned about out living my money is not on the top of my list. After all - you have to have money to worry about out living it. *** see video below *** I remember living in the mean streets of brooklyn NY - I thought I would not live pass the age of tweenty five [ yes I was a bad kid ]. But here I am past thirty and feeling older by the minute. Personally - I understand the concept and I even sell these options - but I personally belive in the second option - where you have more control - unless you have $50,000 to invest that you don't need and your family has a history of living past 75 or 80 years of age you may want to consider this. My grandparents lived to be 90 years old - I don't know if I even want to be that old........