WE LOVE TO FLY, AND IT SHOWS – II
Dan Nachbar: ‘Actually, what you REALLY want is one of these.’
☞ No, I’ll stick with this.
REVERSE MORTGAGES
If you’re getting on in years and own your own home, play with the calculator at rmaarp.com to get a feel for the extra monthly income you could claim. The AARP web site appropriately notes a lot of caveats. This is not a step to be taken lightly, but it could be interesting to contemplate.
And in much the same vein . . .
ANNUITIES
Maybe you don’t want to encumber your house, but you have some money. Check out these websites to learn more: annuity.com, annuityzone.com, annuityshopper.com, bhln.com, tiaacref.org. (But remember, any promise of a monthly payment for life that doesn’t rise with inflation is a risky best we won’t have much inflation.)
May you live long and prosper. Did you see the 60 Minutes segment this past Sunday with the 90-year-old woman who is working – delightedly – as a machinist? And the 102-year-old scientist guy? Very cool.
