[quote=bearishgurl][quote=AN]I’m confused, why buy an annuity when you can ladder CD? I used that calculator, assuming $5M nest egg growing at 2% and a withdrawal rate of $100k/year. You should be good indefinitely. But with the annuity, you’ll be depleted after 198 years. Why not ladder CD, get 2% return, live off that 2% indefinitely?[/quote]
LOL, AN! How long is “indefinitely??” ;=P[/quote]
Is there another definition of indefinitely?
