No. of Recommendations: 1
I am in the process of buying an immediate annuity for $109,500 that pays $10,428 in the first year. It is indexed for inflation and has 100% survivor benefits for my wife. It also is backed by the full faith and credit of the U.S. Government. I am 68 and my wife is 63.

Can't see why I would pass up a deal like that.

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