MCCrockett’s Activity

Tue Nov 4

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Boards Post

MCCrockett replied to the Retired Fools board. 2:10 PM

Re: Pension Buyout Evaluation

You can rest assured that the $90,000 lump sum is the cost of an immediate annuity that pays $425 per month and the cost of a deferred annuity that pays $1700 per month at 65.

As we are both engineers and have a background in math, I assume [more]

Fri Oct 31

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Boards Post

MCCrockett replied to the Retirement Investing board. 2:26 PM

Re: Fidelity: Ideas for MRDs

Plus you have to live to 70 before it's an issue. The graveyard is full of folks without that concern.

I'll be 70 in 2-1/2 months and may have RMD concerns for the next 30 years. This isn't an unrealistic possibility. My parents are [more]

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Boards Post

MCCrockett replied to the Retirement Investing board. 12:12 PM

Re: Retired

This money is in a rollover IRA. I would say my objective is growth for now since the regular deposits stopped when I retired. I have to start taking RMDs soon. Maybe I can stay up with them.

That is an interesting investment objective.
[more]

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Boards Stats & Trivia

Board Posts 10
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Most Frequent Board Retired Fools
Very First Post RMD, Wrap Fees, and Taxes (4/30/2013)
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