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Retirement Planning: Annuity vs. Rental Property Sale

A 73-year-old husband considers selling a $300K rental property to buy an annuity, aiming for a consistent monthly income of $1,600.

19 Feb, 16:33 — 19 Feb, 16:33
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marketwatchMostly Factual48d ago

My husband, 73, wants to sell our $300K rental and buy an annuity. Is that wise?

“He believes the annuity will net $1,600 per month, the same as the rent from the house.”

By Quentin Fottrell

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Coverage Timeline

First report: marketwatch · 19 Feb, 16:33Full coverage: 2 · 49mWindow: 49m
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marketwatch19 Feb, 16:33First to report

My husband, 73, wants to sell our $300K rental and buy an annuity. Is that wise?

Yahoo19 Feb, 17:21Latest update

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