rescued from the filters, looking into why:
From: "ps56k"
FYI -
-- / _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ No Good Deed - Goes Unpunished
Too many financial instruments use the term annuity, but most people should only be looking at immediate lifetime annuities.
The author makes a good point that with interest rates being low, immediate annuities will have a low payout. I think that it is reasonable to expect that interest rates will go up.
-- Ron
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