Originally Posted by
interceptorpilo
The fact that the OP has the withdrawal rate of MMIC at 4% and the annuity from the “other plan” at 6% makes me think there is definitely a hidden agenda on the OP’s part. At least it appears that way. Since the other plan is not inheritable then a fair comparison would be to give a reasonable return on the money say 8% for MMIC and draw it down to zero at some age say 85. I think that comparison would show the MMIC wildly better for almost everybody.
I assume you mean the MBCBP is the "other plan?" If so, you are wrong, it is inheritable. Now if an annuity is purchased with it all bets are off but the plan itself is inheritable.
Denny