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Home / Columnists / Berko / For this retiree, an annuity is the best option (access required)

For this retiree, an annuity is the best option (access required)

Dear Mr. Berko: I currently get $5,480 in monthly retirement income from General Motors, and when I go to the great beyond my wife will get $2,740 a month for as long as she lives. We're both 72 and have long life expectancies, as both our parents lived in good health into their mid-90s. GM has offered ...

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