immediate annuities

M

MDS41951

Guest
My wife is 64, rertired collecting SS and a small pension.

I am 60, lost my job. Collecting unemployment for maybe the next year.

House is paid. cars are paid. We need $1,700. a month to meety ALL needs. Wife already gets $1200. At 62 my SS should be $1300.

We have 127k in savings. Is an immediate annuity a good option?
 
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