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The so-called longevity annuities can be a good fit for those who are delaying Social Security and who have good health and longevity in their family histories, says financial planning expert Michael Kitces in a conversation with Morningstar. In our previous post, we discussed pricing and product options of long-term care insurance. Today, we will look at what’s involved in underwriting, and some sobering statistics related to long-term care.  Two academics discuss retirement income planning on WealthTrac by Consuelo Mack. The annuities discussion starts at 14:22, but the entire episode is worth watching. |
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