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  • Your aunt is about to retire, and she wants to buy?

    Posted by admin on May 31st, 2009 and filed under Buy Annuities | 1 Comment »

    ,an annuity that will supplement her income by $65,000 per year for 25 years, beginning a year from today. The going rate on such annuities is 6.25%. How much would it cost her to buy such an annuity today?

    $770,963.15
    $811,540.16
    $852,117.17
    $894,723.02
    $939,459.18

    Her life savings, as that annuity is one of the biggest ripoffs as an investment out there….

    One Response

    1. Wee_Willie_Winkie Says:

      Her life savings, as that annuity is one of the biggest ripoffs as an investment out there….
      References :

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