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Busman, you wrote:

<< Ted wrote >>And guess where one could have found such guarantees . . . ? Dare I say the "A" word?<<


situate asked .>>>You're going to have to because I don't know what you're referring to. <<<

He is trying to sell you an annuity

While a life annuity does provide a lifetime income stream for a retiree, they are inferior products for building a retirement nestegg.

Unless, of course, one sells them. <smile>
>>

Hmmmm??? I see you conveniently left my “<VBG>” off of the quote from me. Just as you're “<smile>” suggests some humor, so I also intended some humor.

I was NOT trying to “sell” anyone an annuity. (note: in the ten years I've been active in internet message boards and chat rooms, I've never tried to “sell” anyone anything). But yes, it was indeed an annuity I was referring to . . . and, you provided just the kind of response I expected. ;-)
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