Annuity
An investment where the investor pays a lump sum in return for a regular income, usually for the rest of their life.
« Back to Glossary Indexby Mike Rawson ·
An investment where the investor pays a lump sum in return for a regular income, usually for the rest of their life.
« Back to Glossary Index
by Mike Rawson · Published December 29, 2023
by Mike Rawson · Published September 3, 2024
by Mike Rawson · Published March 15, 2016
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Just about the only way a smart person can go broke is to borrow money.

