M. A. Gumport recently published an Article entitled, "Legacy Savings Organizations: Beating Deferred Annuity Insurance Benefits by Over 50%; Practical Plan for Funding Extra-Long Retirement." The author argues that traditional annuity-based longevity insurance is a poor product for a number of reasons. In describing his proposed solution of the "legacy savings organization," he also summarizes the historic rise and fall of tontines. This may remain somewhat theoretical until the legal points he mentions are more clearly answered.
https://papers.ssrn.com/sol3/papers.cfm ... id=2921147
Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills
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