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Eldercare
Reply to "Have any of your set up an annuity with TIAA?"
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[quote=Anonymous]I did not (have not). My dad did. He was a CFO and Treasurer for a Fortune 50 and one of the world's largest charities. He knew about investing and money. About 10-12 years into his annuity, he said it was the best investment he ever made. Perhaps not the greatest return, but it gave him certainty and, more importantly, security that when he died, my mom would continue to have a significant monthly cash flow for her life as well. So for them it worked great. Like many things, it will depend upon what you want out of it. The answer will differ if your goal is to maximize returns.[/quote]
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