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Eldercare
Reply to "Have any of your set up an annuity with TIAA?"
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[quote=Anonymous]I am referring to annuitizing some of your retirement savings, so you have a guaranteed income stream (analogous to a pension) for as long as you live. The down side is once you die, they keep any leftovers (unless you have opted for a period of payout that is certain, which would go to your heirs if you die within say, the first 10 years). If you have, are you glad? Have regrets? I know I could post this on the Finance forum, but I wanted to hear from actual users, not young bucks spouting advice. Thanks all[/quote]
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