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Talk Your Book: Lifetime Income

Animal Spirits Podcast

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Is the Lifetime Obligation a Good Thing?

One of the hottest products, if you can call it that, are these migas. Migas are multi-year guaranteed annuities. They're like a CD. It's guaranteed by an issue of somebody for say two to five years. The spreads that investors can expect to earn annuities relatively constant with different regimes and environments.

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