financialRetirement Planning
#RI-69a83f1c·about 2 months ago·
1
“Deciding on annuity payout strategy”
What Actually Happened
I have a fixed index annuity with a $79k surrender value, policy renewal on March 14, and annual payment for life at $5,772.
What I wish I knew
"I should have considered my options more carefully before policy renewal"
Advice to Someone Facing This Now
If I could tell you one thing
"Consider your options carefully before policy renewal to avoid regret"
Regret Index
5/10
Significant downsides.
Complicated feelings about the outcome.
Complicated feelings about the outcome.
Advice for Someone Facing This
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financial Category
1,609
financial decisions logged. Avg regret 5.4/10 across the category.
Same Outcome Band
13%
of financial decisions land in the mixed band the same as this one.
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