No. of Recommendations: 0
Good for you, JG. Looks like you have done your homework.

Note that the annuity leaves no funds for her heirs. That is why it can pay higher income than other distributions.

That is also why spending down her capital over say 30 years might be a decent low cost alternative.

Of course the guarantee of the insurance company to make payments for life regardless of how long she lives can be a good deal.

Her health and longevity of her branch of the family should be factored into your plans.
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