Alternatives to Annuities?
Q: I am a 73 yr male with a small IRA $300,000 to $315,000 (as the market moves). My distribution is 40% cash, 60% stocks. I need to increase my RMD and do want to erode my principle. I need security for my spouse (52ys) as my small retirement does not have survivor benifits. I read your article on Allianz MasterDex 10 and you convinced me to stay away from annuities. What type portfolio would you suggest?
A: For maximum flexiblity and potential, I would recommend a well-managed, well diversified portfolio.
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