CCinOC analyzes,The annuities market is very mature, very competitive, and profit margins are thin, which is good for the consumer. Properly purchased Immediate annuities are a good way for middle class Americans to generate a reliable lifetime retirement income. </snip>Yet the average person who buys a so-called "low-cost immediate life annuity" loses 20% to 30% of the purchase price to the insurance company's various fees, commissions and costs.The high cost of a no-fee, no-commission Single Premium Immediate Annuity (SPIA). http://retireearlyhomepage.com/annuity_costs.htmlintercst
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