109 - Care Fees Financial Planning
Maven Money Personal Finance Podcast
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What Is an Income Gap?
An immediate need care annuity is a financial product which provides an income for life to mumble dad, in the exchange for a lump sum of cash. Careannuity achieves various things, but the two main things it achieves are: The first thing is it plugs the income gap for life. If you give them a lump sum, they'll provide you a 20 % return, let's say, for the rest of that individual's life.
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