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Create Your Own Pension pkcrafter  04-08-2008, 11:30 AM | Post #2506483  | 
1  

Here is a link to a 2/08 article from kiplinger titled turn Savings Into Retirement Income.

http://kiplinger.com/magazine/archives/2008/01/savings-into-retirement-income.html 

 

 The article provides a quick overview of four different options, but a table in the magazine is missing. The table shows how much initial income a 65-year-old man can receive from a $100,000 investment.

Income Source..................................Amount per Year
4% initial withdrawal...................................$4,000
Fidelity Income Replacement 2036.............$5,090
Annuity with 20-year guaranteed payout......$7,020
Life-only annuity........................................$8,062

 

Paul
 

Topics Annuities Fidelity Income Replacement retirement income target View Complete Thread
 
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