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Subject:  Re: Annuities Date:  6/13/2013  12:22 PM
Author:  TwoCybers Number:  72485 of 78168

Bill beyond the subject of yes or not to this or that annuity, more information is needed before anybody can make decent recommendation. To make an analogy to something you understand better I will use automobiles.

Somebody's transportation method has been lost. They never did any driving and don't know the difference between an Indy Racer, a Hummer or a Prius -- all of which are automobiles. Some person has just recommended purchase of Chevy Suburban or a never buying a car and depending on public transportation & Taxis.

The Suburban could be great if the person owned horses and large dogs -- think hauling a horse trailer. It could be a disaster if the individual lived in Manhattan or South Boston. Similarly in rural Kansas there is not a lot of public transit and maybe few taxis.

Questions -

Does she have any social security benefits earned herself, but not collected? Does she have any income (don't forget survivor benefits)?

What are her annual living costs divided by t