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Rakhi Vasavada
Rakhi Vasavada, Financial and Legal Consultant
Category: Finance
Satisfied Customers: 4479
Experience:  Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years
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I am 60 years young and I have an IRA which is about to mature.

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I am 60 years young and I have an IRA which is about to mature. I am retired from the Federal Government. I want to know how to invest this money, I have read Suzie books and purchase The money Class for our daughter. According to the book, I think I should be investing in annuities, but I don't know which one. I have about $90,000. My FICO is 716

Dear Sir,

 

Yes, thats correct. You should consider investing in annuities as as this age, what you need most is the regular monthly income, that too consistently and safely and for this, annuities are the best option.

 

The best form of annuity for your can be "life time annuity" or "Fixed annuity" plans. You can have good reference from http://www.freeannuityrates.com/annuities/types-of-annuity.php You would also be able to compare different rates here.

 

and

http://www.fixed-investments.com/investmentprograms/program2.html

 

I am sure this would help...

Warm Regards,

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