Why are annuity rates in India so crappy? (Annuity: Pay a lumpsum now and receive a fixed income for the rest of your life) This is the return for a 50-lakh rupee annuity, purchased at age 60. LIC provides an annuity that returns your entire pur…
January 16, 2010Why are annuity rates in India so crappy? (Annuity: Pay a lumpsum now and receive a fixed income for the rest of your life) This is the return for a 50-lakh rupee annuity, purchased at age 60. LIC provides an annuity that returns your entire pur…