u/OldManTrumpet

I just wanted everyone to be clear on that point.

https://preview.redd.it/oxnlzibtqxzg1.jpg?width=3024&format=pjpg&auto=webp&s=5053b607d30cddafd253770d862314fe88d196c2

The "annuity" option doesn't really seem to fit.

I'm inheriting part of a fixed annuity, approx $200k. I'm selecting the deferred payment option. So there are no regular payments but I must liquidate the account within 5 years. This will be taxable.

My intention is to essentially cash out a lump 20% each year for five year., Interest gains aside I'd take payments of about $40k per year, ending in 2031. I'm 65.

Any tips on how to model this in Boldin? I suppose I could just make it a taxable annuity and set a phantom monthly payments that adds up to a yearly $40k, but is that the best way?