Money: Deferred income annuity is today's best retirement income idea

12/3/2013 | CNNMoney

The best new tool for assuring a lifetime of retirement income is the now-popular deferred income annuity, says Money magazine. "For $100,000, a 55-year-old man can buy about $48,000 of income starting at 80," the magazine noted. "As with any insurance, you might not collect, but you'll be glad you're covered if you do."

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