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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
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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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Frequently Asked Questions

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.