July 24, 201214 yr Not wanting to think of currency risk for the rest of my life, which insurance company to contact?
July 24, 201214 yr Author I was asked how that works. I pay a certain amount x one time to the insurance and they will in turn pay me a monthly annuity for the rest of my life. The insurance company will make it's actuarial calculation based on the present value of the expected income stream from my one time payment and based on my statistical life expectancy.
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