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Subject:  Re: investing for income at 77 Date:  9/18/2003  4:59 PM
Author:  drnonlinear Number:  37226 of 88513

I'd check out annuities issued by charitable and educational institutions. At her age the payout is over 10%, it's an annuity so it keeps paying until her death (unless she wants to pass on assets to her heirs) and there are some tax benefits too. So if there is a cause she is into, she can do good for both.


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