Okay, it is all about income. Sure, some of the really “big boys” don’t have a worry at all. But most want an income that they can’t outlive and one that will keep them in the world that they have become accustomed to. Also, taxes… will they go up? I would let you be the judge. What about the need for some long term care type of situation. Maybe some house care, maybe assisted living? Depending where you live, we are looking at $5000-$10000 per month. I can verify these numbers as I handle my mom’s finances. What about wanting more interest on their CD emergency money? Not the banks… that’s for sure. So how about a MYGA?
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