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Replying to @lizahnvzyl a living annuity is a retirement investment that's allows you to generate an income. you invest your capital, and can draw between 2,5% and 17,5% annually. You may run out of money if you draw too much,or you may have money for your children to inherit, if theres still capital left when you pass away. #retirement #annuity #retirementplanning
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