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Eldercare
Reply to "Have any of your set up an annuity with TIAA?"
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[quote=Anonymous]My dad did this a couple years before he died and it was the right choice. It was modest money ($300k?) and converting it to an annuity for my mom and it has simplified things. Nobody has to actively manage it and we don't have to give much thought - the checks just come. If it was bigger money or somebody wanted to take it on, I am certain that better returns would be achieved. When she dies, it will all be gone and we're ok with that.[/quote]
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