The $5K is NOT inflation adjusted. The 4% rule assumes inflation adjustment. So you are not comparing the same thing.
Today, immediateannuities.com is quoting around $5300 for 65yr old woman and $5665 for a 65yr old man for a $1 mil purchase.
Today, immediateannuities.com is quoting around $5300 for 65yr old woman and $5665 for a 65yr old man for a $1 mil purchase.
No comments yet.