obgyn65
Thinks s/he gets paid by the post
Understood. However right now I have less than 10% in deferred annuities, so it does not really impact my cash. I also understand that when I do buy annuities when I turn 80 for example, my capital will go down. My model takes this into consideration also.
Oby, you do understand that the payment your receive from an annuity is composed largely of the principal (the amount you paid the insurance company for the annuity)? So by using annuities you are spending your principal.
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