The costs of an annuity are a humongous drag on a portfolio. You add in the ordinary income tax rate on withdrawals, and it's very hard to make it work out.
More Quotes from Mark Wilson:
I don't expect this will pass. If this gets to another committee, we will try to run the same amendment. This is a huge win for the business community. There's no other way to look at it.Mark Wilson
Megan had a great day and I could see that coming. She's been playing well and her game is coming together right now, and this is what she did as a sophomore and as a junior. It takes her a while to get going and once she gets her confidence, it all comes together for her.
Mark Wilson
The legislation we're most eager to have happen is the extension of this tax benefit. But if it does go back to being taxed at child's level, it's not exactly the end of the world.
Mark Wilson
It's a mess out there with health-insurance costs.
Mark Wilson
I was really bummed at three-putting twice. My caddie reminded me many times that you have more than half the tournament left.
Mark Wilson
I've got to enjoy it and tomorrow will be a struggle because, you know, maybe they're not going to be going in. You always try to compare yourself with how you were doing the day before.
Mark Wilson
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