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Author: rjm1 Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19483  
Subject: Re: An Advantage of Annuities Date: 8/22/2000 9:33 PM
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Since I have nobody (except my wife) that I care about leaving any money to, annuties are very attractive to me. (My wife
is taken care of through joint and survivor annuities.) Not only does an annuity guarantee that I won't outlive my money, it
is a bet on life. The longer I live, the more I collect, so I win if I live (in contrast to life insurance, where I win if I die).
Thus, if a person is in above-average health for their age, an annuity would be a good bet.


Does the annuity keep up with inflation? This can be a very big item if you live 20, 30 or more years.
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