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Originally Posted by SecondCor521
Another way to look at this is that you could either take the $250K and buy the annuity or put it into a 30-year treasury bond and pull out the annuity payments you would have otherwise received. 30 years later, if you're still alive, you would be in the same spot with respect to your cash receipts, but in one hand you'd have an annuity that was now worth much less than $250K
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The numbers are numbing me. Azanon's test didn't cover ADD which keeps me from paying attention.
But on the above quote I am confused. I know little about bonds -- don't have any. But I was under the impression that if I buy a 30 year treasury I can't take anything back until I sell it -- preferably 30 years later. How do you "pull out the annuity payments?"
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