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Subject:  Re: trouble ahead for most future retirees Date:  2/17/2013  3:44 PM
Author:  ziggy29 Number:  71404 of 88533

>> At an older age an immediate annuity might have some value. <<

In principle I think something like a SPIA could have some use in some situations, except that the current interest rate environment means that the cost of a guaranteed income stream is way too high.

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