How did the meeting go? Did it help with understanding the annuity?
It was a NOTHING meeting... All I got was, a way to log in to see my account, and the underlying options for investments. We will meet again next week to talk about it some more.
A Freeper emailed me this link...
https://www.bogleheads.org/wiki/Variable_annuity
Which, helped me understand a BIT more about what I’ve purchased.
I have to say, my oldest son works with this bank, in this investment arm. He has been helping me, and I trust him completely.
I’m not an investment novice.. I have a good handle, IMO, on things like Time Value of money. The terms of this kind of investment seem to me to be “Too Good to be True”... but, I keep reading, looking for loop-holes, and, I don’t see any.
I HOPE it’s as good as it seems. It seems very flexible... Gets better, the longer I can wait... but, is reasonably good if I have to access sooner.
I’m SO uncertain about how long I will work, and what my total retirenmemt funds might be... This seems like a really good, fairly conservative BASE for my retirement plans... Not the whole, for sure... but, a soldid base tio build on.