RE: Interested in LTHs views...11 Dec 2023 14:47
Father Jack
You make an interesting observation regarding the price of annuities
Say at the age of 65 you invest in an annuity which may yield 6%. Expectant age at death, say 85, your capital investment dies with you. However, if you invest in L&G you receive a current annual income of almost 8% with a current expectation of annual increases and the possibility of a rising share price which survives your death
Of course if the stock tanks you could lose value and income. If that looks too risky you can always sell and invest the proceeds in an annuity which because of your increased age should be cheaper
Just a thought
Seems good value to me
Mcco