#166 Pension Choices, Annuities, Fear of Investing


In honor of Mother's Day, I have to thank my tireless mother, who showed up at every soccer and basketball game, not to mention put up with all of my shenanigans throughout the years...Mom, you are the best and I love you!

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The Mother's Day show was filled with great questions, starting with Bob, who is faced with an interesting choice about his pension: should he take a larger annual amount based on his life only or a reduced amount that would pay for his and his wife's lifetimes.

Cliff is close to retirement and is considering a moving money out of CDs. The only problem is that he does not like the idea of risk. Casey has a similar problem, but in his situation, it might be advisable to contact a fee only advisor to walk him through the investment process. JD, who seems to be in great shape, should also consult an advisor to help with decisions about when to take Social Security and how to invest $1.5 million to generate adequate income during retirement.

Warren is ready to invest income from a rental property -- luckily, the best vehicle was right under his nose!

Joan wants to know the best way to finance a house, while an anonymous e-mailer inquired about borrowing against an estate to finance a house.

Bobby the accounting student asked about life insurance as an investment vehicle (boo-hiss!) while Sally asked about long term care insurance.

Thanks to everyone who participated and to Mark, the BEST producer in the world. If you have a financial question, there are lots of ways to contact us:

  • Call 855-411-JILL and we'll schedule time to get you on the show LIVE