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DanielLC comments on Why is it rational to invest in retirement? I don't get it. - Less Wrong Discussion

20 Post author: diegocaleiro 16 May 2013 01:28AM

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Comment author: DanielLC 17 May 2013 05:42:04AM 0 points [-]

Can you explain further?

Comment author: westward 17 May 2013 05:49:18AM 1 point [-]

If that's an honest question, you'll need to be more specific.

Comment author: DanielLC 17 May 2013 10:02:57PM 0 points [-]

When I asked that, it just said "actuaries". Based on the time of the last edit, I can only assume that you edited it before I actually posted.

Instead of offering annuities they could just put that money into the stock market.

They're not mutually exclusive. I would assume they'd invest the money they're holding. I guess it needs to be a little more complicated if you add that you don't mind a chance of them losing some of your money, but it can still be done.

Comment author: westward 21 May 2013 02:32:04PM 0 points [-]

Yes, sorry, I realized quickly after I posted that "Actuaries" was both inaccurate and unhelpful.

And it's much more complicated.