Longevity is the length or duration of a life.
Submitted by tom on
This discussion topic was originally posted in the form of a comment.
The general topic is how annuities compare to bonds. It is a natural question since both annuities and bonds provide owners with fixed payments.
We moved the comment here so that it can surface to a larger audience and hopefully generate further discussion and comments.
As noted below, the conceptual basis for this content is based on a great paper written a few years ago by Jason Scott--the Director of Retiree Research at Financial Engines.
The original post is as follows:
