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 March 4, 2019 · Last modified March 21, 2019
by Mike Rawson · Published October 9, 2017 · Last modified June 21, 2020
by Mike Rawson · Published March 26, 2015 · Last modified April 29, 2018
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Beware of little expenses. A small leak will sink a great ship.