Why not use the 100K to buy PSA preferred shares, they yield around 6%+, the company is AAA rated as far as I know. It will yield the same amount you are getting from the Annuity, without losing the capital.Dangers: - PSA can't make payments.- share prices drop & you sell them.- Shares get called (buy a low coupon rate preferred, selling at a discount and the shares may never get called)
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