How much would a $100,000 annuity pay if bought at age 65?

CBS News on MSN.com

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Summary

Still, while the concept is simple you give an insurer a lump sum in exchange for a lifetime of payments the actual numbers can vary quite a bit depending on your personal profile. So, what can a 65-year-old retiree expect from a $100,000 annuity in today’s market? That’s what we’ll examine below.

Source: CBS News on MSN.com

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