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Subject:  Re: Investing $ needed over the next 10 years Date:  1/11/2013  11:34 AM
Author:  intercst Number:  71240 of 87987

Hawkwin writes,

I would consider a single premium immediate annuity with a period certain of 10 years.

I just ran a search on one with an inflation rider on it (payments increase 4% every year to give you increased income) and the rate came back at 2.21%. Your current age will have an impact on your rate and payments.


Why would the annuitant's age matter with a period certain annuity? If you die after year 5, wouldn't your estate get the remaining payments?

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