|Articles|September 16, 2008

Physician's Money Digest

  • June30 2003
  • Volume 10
  • Issue 12

DON'T OUTLIVE INCOME

As lifespans get longer, the dangerof running out of money in yourretirement years is increasing. Whilemost experts advise that you keep agood portion of your portfolio inbonds and stocks, many also recommendfixed annuities as an optionthat can provide a steady flow ofcash for as long as you live. The payoutfor a fixed annuity may varyaccording to your age—the olderyou are, the higher the interest rate.You should also shop around beforeyou choose the company thatunderwrites the annuity. It's best tostick with reliable, low-cost financialservices firms, like TIAA-CREF(www.tiaa-cref.org) and Vanguard(www.vanguard.com).

Articles in this issue

almost 18 years ago

Time to Invest Your Cash for Retirement

almost 18 years ago

What You Need to Know to Retire Early

almost 18 years ago

Incorporate the New Rules of Retirement

almost 18 years ago

Second Home Helps Fund Retirement

almost 18 years ago

Smart Home-Buying

almost 18 years ago

"Retirement": You Can Quote Me on That

almost 18 years ago

SAVINGS PLANS LOSE OUT

almost 18 years ago

401(K)s AND REAL ESTATE

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