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Yep, and that's the whole point of annuities. Unfortunately, it's tough to predict whether you're going to be drawing it down over 30 years or 30 days...
by asdf on Sat Jan 30th, 2010 at 12:19:22 PM EST
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Or whether the annuity will be worth anything in 5-10 years or even be there, the way things are run on Wall Street. I almost put that into the comment.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat Jan 30th, 2010 at 12:55:50 PM EST
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