Longevity Annuity Scenario

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Should You Buy Longevity Insurance?
The Key to Successful Financial Planning

I believe longevity is...

	Absolutely Inevitable
	Definitely Possible
	Maybe Achievable
	Desirable
	Beyond Reality
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Senior Facts

“10.2 percent -- Poverty rate for people 65 and over in 2003.”

Census Bureau for Older American Month

Longevity Annuity Scenario

For example, if a client wants $2,500 a month for life and purchases an immediate simgle premium income annuity at age 85, the premuim would cost about $185,000 at today's rates. However, if a 65 year old client purchased the same monthly income to begin at age 85 through a longevity annuity , the premium would cost around $31,000.

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