An annuity is not a tontine. It is a guaranteed payout for a certain period of time. I'm not a fan, but I suppose they can make sense to some people? Like re

An annuity is not a tontine. It is a guaranteed payout for a certain period of time. I'm not a fan, but I suppose they can make sense to some people? Like reverse mortgages, they may help someone keep a certain standard of living at the cost of leaving anything to their heirs.