Jason: annuities are becoming more relevant again because of higher interest rates. The most popular annuity is obviously this SPIA, right? Jason: Don't go for the lowest rate at one go for a very highly rated insurance company. He says if you want to provide something like a floor, take part of your portfolio and put that into an annuity.
Do you worry about running out of money in retirement? How do you draw down your assets without tanking your portfolio? Eric + Jason talk with FIRE bloggers Karsten Jeske and Fritz Gilbert about the bucket strategy. Is it a reasonable withdrawal plan or nothing more than a gimmick? They discuss alternative approaches, how to generate a retirement paycheck, and the role of cash. Whether you're interested in FIRE or on a traditional retirement path, you can't afford to miss this episode!
Show notes: https://twosidesoffi.com/bucketstrategy