This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
Lifetime annuity option discussed for widow with high yielding bonds
The writer explains how buying a high quality bond with a 9 percent coupon can trade at a premium, adding about 1 000 dollars on a 25 000 purchase. It notes true yield is reduced by the premium over the bond’s life and suggests life annuities or AAA bonds as lifetime income sources for a 68 year old widow. It also covers investment considerations for a 54 and 60 year old couple and cautions about low priced stocks, trading activity, and stock risk. The column invites questions and notes expert guidance on mutual funds and external inquiries.
MENTIONED IN THIS ARTICLE
Treasury