10/17/2022
It’s paradise. That’s how Linda Billings describes her new home in Sarasota, Fla. Most days you’ll find this Virginia transplant out walking along the beach, attending a fitness class, meeting up with friends, and yes, still working part time.
At 68, Linda doesn’t want to give up what she loves to do: write about astrobiology for NASA. “I find it endlessly interesting and challenging work, but I just don’t want to do it full time anymore,” she says.
Thanks to the strategies she’s put in place for her retirement, with the help of her insurance professional, Linda doesn’t have to work. As part of the planning they did, Linda purchased several annuities, which now cover 100% of her current and anticipated monthly expenses.
“What appealed to me about annuities was their security and dependability—the peace of mind of not running out of money in retirement,” says Linda. And she adds that as a single woman, there’s comfort knowing she’ll have a guaranteed income stream for life.
“I don’t worry when I get into bed. I don’t fret about my financial situation anymore,” says Linda. “How many people headed for retirement are able to say that?”
