And, y'know what? It's simple & straightforward. Perfectly clear.I just pulled a quote from [Berkshire Hathaway]. For a male born in 1950, the SPIA costs you $199K and they give you $1,000/mo for the rest of your life.Fine. (You sound like you just invented the concept.) I didn't say anything about WHERE or WHAT annuity to buy. I said, if you want guaranteed income, a SPIA is a reasonable way to get it.
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