Hullo Bogleheads,
I'd like to find out more about how I should value annuities.
Is there somewhere I can go to read up and find out more?
Specifically, lifelong annuities.
Should I value a plan with a lower payout but 2% pa increasing? Or a higher but flat payout?
How much more in payout should I expect if I start payout when I'm 70 instead of 65?
Specifically, my country has a lifelong annuity with certain options that we can choose and I'm trying to figure out what is the best way to think about it. For those interested, I'm from Singapore and am wondering how I should think about CPF Life.
I'd like to find out more about how I should value annuities.
Is there somewhere I can go to read up and find out more?
Specifically, lifelong annuities.
Should I value a plan with a lower payout but 2% pa increasing? Or a higher but flat payout?
How much more in payout should I expect if I start payout when I'm 70 instead of 65?
Specifically, my country has a lifelong annuity with certain options that we can choose and I'm trying to figure out what is the best way to think about it. For those interested, I'm from Singapore and am wondering how I should think about CPF Life.
Statistics: Posted by oken — Wed Feb 21, 2024 11:33 pm — Replies 1 — Views 164