Date: Tue, 1 Aug 2006 02:59:27 -0500
From: "Bucky" 
Newsgroups: misc.invest.financial-plan
Subject: Re: Walter Updegrave using 25x rule of thumb
   posting-account=ThxfYg0AAADDe_aPenh0iXeyuij8MxJ8
	iQBVAwUARM8J3/l/I4+O31e5AQF8LwH+IxAGRqdqvouULoi03JIC2VgKgcu2MDTX
	Yg5Cw/0VUI3yr80OWMJUTksnhkfV3vgeqMqNf4vdeANmvQOH++5bWg==
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Thanks, those were good reads. After reading those, that really draws
me towards fixed annuities for retirement. I got some quotes for
Vanguard for a person that was born on 1/1/1940 and retiring now,
starting to receive payments 1/1/2007. For a fixed lifetime annuity,
one could receive almost 6%, which is far higher than a 4% drawdown
rate to achieve ~100% guarantee if one wanted to manage risk themselves.