Question
Mr. and Mrs. Kent contacted us (the financial advice firm you work for) because they need some help with investing in fixed income. They own
Mr. and Mrs. Kent contacted us (the financial advice firm you work for) because they need some help with investing in fixed income. They own their own house; they already have equity investments, and they are considering investing $300,000 in fixed income. They tell us that they are interested in an investing horizon of about 20 years.
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What about immediate annuities? Should we use the single corporate bond or the insurance annuities? We are both 65 years old. (Hint: go to immediateannuities.com, input our data, copy & paste the data in your report, and briefly explain the relevant numbers.)
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