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Should You Add Longevity Protection to Your Retirement Plan?
Morningstar; free registration may be required Link to more items from this source
July 20, 2014
"A retired investor who owns such an annuity can plan for his portfolio of stocks, bonds, and funds to last for through a given time horizon -- say, until age 85. If the individual is still living beyond that date, the annuity payments will help supply income in addition to whatever cash flow the (possibly dwindling) investment portfolio can provide."

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