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If you wish to assure that the cash will flow no matter how lengthy you reside, an instant annuity could be a great supplement for your retirement portfolio to assist cover fundamental living costs.

The higher you really feel your probabilities are of living to a ripe old age, and also the much more worried you're about outliving your cash, the much more of one's assets you may wish to devote to an instant annuity, even though you will definitely wish to leave your self sufficient assets outdoors the annuity to meet unexpected costs, to fund the occasional splurge or to supply for the heirs.

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