Thank you. I am not sure what is going on with this offer. It sounds bizarre. It could be that the rep cooked it up with some strange actuarial table.
I am going to check this. Out with my retirement planner,, it is just so bizarre. How could they give 10 per cent that’s nuts.TRS people have a guarantee between 7 and 8 per cent.
to say I just retired and divested from TIAA for many reasons, for one their stupid paternalistic attitude toward us educators, another is Their moronic advertising. If they spent the millions of dollars they do on ad for reinvestment, maybe the returns/yields would be more competitive..
And I found a much better institution than TIAA for my retirement savings.