“Fixed index annuities… averaging over 20% a year over the last 10 years.”
♫
Said on Entrepreneurs on Fire
“Payout rate on the annuity is always going to be higher than the RMDs ... it reduces RMDs on the non-annuity assets”
Retire With Style · Episode 248: Are You Doing Roth Conversions the Wrong Way?
Play from 27:36
27:36
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What was described
Create an "RMD shield" by buying an annuity inside an IRA so the annuity payout exceeds the required minimum distribution and offsets RMDs on other assets
Said nearby on the same subject
“Lifetime annuities, they give you a fixed amount of income for as long as you live, usually increasing with inflation”
♫
Said on Financial Autonomy
“It's the keep, kill, consolidate method… what are your bare minimum requirements and then what are you nice to have?”
MS
Mandy Savoca
In-House Outliers ·
“We put your 4 million into an income annuity… we put it into a life insurance policy, put the life insurance policy into an irrevocable life insurance trust… 12 million free of taxation to his children”
♫
Said on Entrepreneurs on Fire
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