RetireAge50
Thinks s/he gets paid by the post
- Joined
- Aug 6, 2013
- Messages
- 1,660
It is 100% return of capital for a long time (20 years). By then your money has doubled a couple times (for the insurance company) so they start giving you some return on capital. I'm pretty sure even if you live to 120 the insurance company still wins so it is better to stay out of the casino. At least for the bulk of your money.
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