winnipiseogee
TUG Member
One more thing sptung (and since you asked anyway I figure its a ok to mention a company by name...)
Check out the annuity products offered by Northwestern Mutual. Specifically one they have that ties annual increases in income to the northwestern mutual dividend rate. I'm relatively young and I - like pathways - wanted to buy income when much older (75 or 80 in my case). My biggest concern was that an extended period of high inflation would undermine the value of my annuity. Most of the "inflation kickers" offered only bumped up income by 2% a year. Thats not enough if inflation is very high for an extended period.
I ran a quick regression analysis of the northwestern mutual dividend rate going back to the 1800's against inflation and stock market returns. What I found was that over an extended period of time the NW dividend rate was never much worse than inflation and was often better.
Personally I chose 3 different highly rated mutual insurance companies and bought one contract from each. Didn't want all my eggs in one basket but the northwestern one was most appealing. Feel free to PM me if you want specifics. Happy to share.
Check out the annuity products offered by Northwestern Mutual. Specifically one they have that ties annual increases in income to the northwestern mutual dividend rate. I'm relatively young and I - like pathways - wanted to buy income when much older (75 or 80 in my case). My biggest concern was that an extended period of high inflation would undermine the value of my annuity. Most of the "inflation kickers" offered only bumped up income by 2% a year. Thats not enough if inflation is very high for an extended period.
I ran a quick regression analysis of the northwestern mutual dividend rate going back to the 1800's against inflation and stock market returns. What I found was that over an extended period of time the NW dividend rate was never much worse than inflation and was often better.
Personally I chose 3 different highly rated mutual insurance companies and bought one contract from each. Didn't want all my eggs in one basket but the northwestern one was most appealing. Feel free to PM me if you want specifics. Happy to share.
