page 382:
"For example, during late 2010 a $1,000,000 premium for a fixed lifetime annuity would puchase an average annual income stream of about 75000 for a 65 year-old individual."
page 382:
"For example, during late 2010 a $1,000,000 premium for a fixed lifetime annuity would puchase an average annual income stream of about 75000 for a 65 year-old individual."