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Yes, I understand that, but my point is that there are better investments than an annuity, so the "$1M or $5k/mo" comparison falls a little flat. The aren't rea
by sidlls 10y ago
Yes, I understand that, but my point is that there are better investments than an annuity, so the "$1M or $5k/mo" comparison falls a little flat. The aren't really the same.
- ThrustVectoring 10y agoOf course there are - that's why people offer annuities. Other investment options don't let you consume other people's inheritances when you live longer than them, though.