We took some of our T-bills, cashed them out and bought an annuity five or six years ago. What we liked about it was that it was fixed, and we got a pretty good rate then, before interest rates were cut. I don't think we'd be able to get that much now, so we feel really lucky. The representative we got it from told us it was a smart move, but I don't think even he knew quite how smart it was.
-Nan, 74, Newport, Ark.
Final-expense insurance. We were looking at some plans online, and we found one that did what we were after. Nothing fancy, just coverage for our funerals and burial plot. We just thought it would be nice to have that taken care of, so that our kids wouldn't have to worry about it.
-Hilda, 69, Georgetown, Texas