August 8, 2010
Annuities are a guaranteed income for the rest of your life. When you purchase an annuity you do so normally on the following criteria:
Fund size
Age
Gender
Annuity Options purchased
The annuity provider gives you an annuity rate based on their opinion of your life expectancy. So the longer you are expected to live the lesser the rate the [...]
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August 7, 2010
A Lifetime Annuity, once purchased will tie you in to one shape of income for the rest of your life. Called lifetime annuities because they pay an income for the rest of your life no matter how long you might live.
The advantages of lifetime annuities are obvious, the guaranteed income they offer. The disadvantage is [...]
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