951: Friday Q&A: Working in Dubai, Learning French, Early Retirement, Die with Zero, Argentina Hyperinflation, etc.
Radical Personal Finance
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How to Make Sure You Don't Outlive Your Retirement Savings
A variable annuity is one of the best possible tools for taking a huge lump sum of retirement savings and making sure that you don't outlive it. Annuities are very difficult because they are so miss sold so many times. If you're sitting there looking at $4 million in mutual funds, you never know how much to spend. Many wealthy retirees dramatically underspend the amount of money that they're capable of.
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