The older you are when you buy an annuity, the shorter your life expectancy will be - so the greater a monthly paycheck the same sum of money will buy you. When interest rates are higher, the size of the paycheck for the same sum of money will rise also.
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"The older you are when you buy an annuity, the shorter your life expectancy will be - so the greater a monthly paycheck the same sum of money will buy you. When interest rates are higher, the size of the paycheck for the same sum of money will rise also." — Jean Chatzky #moneywealth
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The older you are when you buy an annuity, the shorter your life expectancy will be - so the g…
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The older you are when you buy an annuity, the shorter your life expectancy will be - so the greater a monthly paycheck the same sum of money will buy you. When interest rates are higher, the size of the paycheck for the same sum of money will rise also. — Jean Chatzky
About Jean Chatzky
Jean Chatzky was a Journalist from United States (1968–present).
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Who said "The older you are when you buy an annuity, the shorter your life expectancy wil…"?
This quote is attributed to Jean Chatzky, a Journalist from United States.
When did Jean Chatzky live?
Jean Chatzky lived from 1968 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.