M MDS41951 Guest 28 Sep 2010 #1 My wife is 64, rertired collecting SS and a small pension. I am 60, lost my job. Collecting unemployment for maybe the next year. House is paid. cars are paid. We need $1,700. a month to meety ALL needs. Wife already gets $1200. At 62 my SS should be $1300. We have 127k in savings. Is an immediate annuity a good option?
My wife is 64, rertired collecting SS and a small pension. I am 60, lost my job. Collecting unemployment for maybe the next year. House is paid. cars are paid. We need $1,700. a month to meety ALL needs. Wife already gets $1200. At 62 my SS should be $1300. We have 127k in savings. Is an immediate annuity a good option?