How is this different from a deferred income annuity?Several posters have expressed similar interest on other threads.I am ready for the Boglehead tontine!
What would a "Boglehead tontine" look like?
Personally I would like the Tontine to be set up where a small portion of ones portfolio could be invested near their retirement age. Then a large payout (returns plus mortality credits) would be available 10 to 20 years later to help alleviate the tail risk associated with longevity. That would include both running out of money, and or needing a lot of expensive Long Term Care. For me this would reduce a lot of worries and allow me to retire with peace of mind.
What features and benefits would others want to differentiate a "Boglehead tontine" from other Tontine solutions entering the marketplace?
Glen
Statistics: Posted by tj — Sat Jan 27, 2024 9:12 am — Replies 21 — Views 3219