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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Sedohr Nod who wrote (671655)2/8/2005 12:05:06 PM
From: 10K a day  Respond to of 769670
 
brilliant!

donate your house to SS. Borrow 100 percent of the price of the house at 1 percent. For every 250,000 dollars the payment is 800 balloon in 5 years at 1 percent. But of course u pay 1400 a mo betting that the real estate is not going down. And that monthly check from the annuity will continue to come. It's a sure thing baby.

(at the end of 5 years your either rich or bust.) But the heritage foundation still loves' ya....



To: Sedohr Nod who wrote (671655)2/9/2005 2:05:53 AM
From: steve dietrich  Read Replies (1) | Respond to of 769670
 
Would a time certain payout also increase the cost, or perhaps better put, decrease the value of the increments as opposed to a payment for life annuity. I believe I read that the purpose of requiring the annuity was so that one couldn't outlive the annuity, which would be problematic with a 10, 15, 20 yr annuity.


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