Ever heard of a Tontine?

[mpeirce]

Over 100 years ago in America — before Social Security, before IRAs, corporate pensions and 401(k)s — there was a ludicrously popular (and somewhat sleazy) retirement scheme called the tontine.

I'd never heard of this. Interesting.

 

[REWahoo]

Existing thread discussing this subject here: http://www.early-retirement.org/for...-the-future-of-retirement-tontines-78890.html

 

[mpeirce]

opps..