A Major Advantage of an Annuity Is That You Cannot

question 41

True/False

A major advantage of an annuity is that you cannot outlive your financial resources.

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Definitions:

European Union

A political and economic union of 27 member states located primarily in Europe, aiming to promote peace, stability, and economic cooperation among its members.

Regulations

Rules or directives made and maintained by an authority to regulate behavior, typically in the context of legal or governmental systems to ensure fair practices, safety, and standards.

Tech-Savvy

Individuals who possess an advanced understanding and proficiency with technology and digital devices.

Millennials

A generation of people born between 1981 and 1996, known for being digital natives and value-driven consumers.