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 January 25, 2017 · Last modified January 14, 2020
by Mike Rawson · Published March 11, 2016 · Last modified March 30, 2018
by Mike Rawson · Published June 1, 2015 · Last modified April 18, 2018
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Wealth consists not in having great possessions, but in having few wants.