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  Don't outlive your savings: How annuities can help

  Posted: January 31st, 2012, 9:29am MST

  Given advances in medicine, I'm worried my wife and I might outlive our retirement savings. I've started reading about annuities, but I'm confused about the difference between immediate annuities and another type I've heard referred to as a deferred income annuities. Can you explain the difference? -- Daniel R.