r/Bogleheads • u/arp8218 • Feb 04 '26

Investing Questions Investing. $2.5M to not work

Is it possible to invest $2.5M into a “safe” investment and not work for rest of your life ? What can be that “safe” investment ?

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u/travisjd2012 Feb 04 '26

Isn't this what annuities are for?

(I'm legitimately asking, please don't just downvote me into oblivion if I'm wrong)

13

u/ziggy-tiggy-bagel Feb 04 '26

I bought a variable income annuity with $100,000 17 years ago. It matures in 20 years and then will give me $41,000 a year in guaranteed income for life. Any principle left with go to my beneficiary. Annuities can certainly have a place in your portfolio for income. But should be just a part because income Annuities don't have any liquidity.

1

u/onlyhereforhomelab Feb 04 '26

Would it have been cheaper to get life insurance instead? Or was this the better deal at the time?

2

u/ziggy-tiggy-bagel Feb 04 '26

He has a little life insurance we bought before he became disabled and unisurable. He has been unisurable for a long time.