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It shouldn't be based on lifetimes or the number of generations, just a flat number of years. If I buy an annuity that pays out over 50 years, it should pay ou
by danielweber 13y ago
It shouldn't be based on lifetimes or the number of generations, just a flat number of years.
If I buy an annuity that pays out over 50 years, it should pay out over 50 years, whether or not I die tomorrow or I live another hundred.