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Rayvt complains,

<<The only annuity that makes financial sense is the one that you can buy from the US Gov't by delaying SS to age 70. That's literally about half the cost of what a commercial insurer would charge for the same inflation-adjusted monthly benefit.>>

Yeah, but that's the only way and the only time you can get it. Delay filing for SS until your 70'th birthday. And you can't pick the amount, the SSA decides the amount. And for most people it's not a huge amount of dollars.

</snip>


So what? You buy as much of an annuity as you can at half price from the US Gov't. And then you can buy an additional benefit at full price from a commercial insurer.

Are you arguing that one should leave $100,000 or more on the table and buy the whole thing from an insurer because you find it inconvenient?

That seems dumbfoundingly stupid.

intercst
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