According to recent data from the Teachers Insurance and Annuity Association (TIAA), the survival function for life after 65 is approximately given by S(x)=1-0.058 x-0.076 x^2 where x is measured in decades. This function gives the probability that an individual who reaches the age of 65 will live at least x decades (10 x years) longer. Source: Ralph DeMarr. a. Find the median length of life for people who reach 65, that is, the age for which the survival rate is 0.50. b. Find the age beyond wh

Considering a MYGA for retirement income? It offers guaranteed rates and principal protection, like a high-yield CD. Ideal for short-term income or bridging to Social Security. But beware, rates can drop after the initial term, and it doesn't guarantee lifetime income. Plan for future income streams! #MYGA #RetirementIncome #Annuity #FinancialPlanning #InvestmentStrategy | Annuity Association | Facebook

🔍 Could You Be Paying More Taxes on Your Annuity Than Necessary? 🔍 Many annuity owners may face unexpected tax liabilities, but proper planning could help optimize their retirement strategy. While the IRS provides tax guidelines, navigating annuity tax rules can be complex. Understanding available options may help annuity owners make informed decisions. 📘 Download Your Complimentary Guide: Our 16-page “Guide to Avoiding Common Annuity Mistakes” explains frequently overlooked tax consideration

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