61 with $100K - Waiting for 65
Long story short, I have my retirement set up pretty good. I have my 401K, 3 rental properties, and several IRAs. I retired just a couple of years ago and I pretty much live off the rental income. I have zero debt.
I wouldn't mind some extra cash a month and one of my IRA's is just sitting there conservatively invested and it'll be there in a few years when I plan to do 'something' where I'll take my wealth and create some type of guaranteed income - probably some type of layered annunities.
Anyway, I keep hearing and reading up on QQQI and I'm thinking of taking just one of my IRAs that has almost exactly $100K and putting investing in QQQI. I know nothing is guaranteed and in the worst case scenario... you could lose it all. But right now that $100K is pretty much sitting there doing nothing. So I'm thinking about keeping it in my IRA but moving it to QQQI.
What do you think?