Why higher annuity rates?
Annuity rates are all about life expectancy. The shorter your life expectancy, the higher the annuity rates, because the expectation is that the annuity income will be paid for a shorter period.
Annuity rates are all about life expectancy. The shorter your life expectancy, the higher the annuity rates, because the expectation is that the annuity income will be paid for a shorter period.