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How best to generate lifetime retirement income? Systemic withdrawals and immediate annuities are two viable options for seniors to have a steady income throughout retirement, according to an article on CBS Moneywatch. When deciding on what option to take, clients should first decide which is more important for their situation: ensuring a higher retirement income or leaving something behind for their loved ones. Annuities are a better choice if clients expect a longer life span or get lower returns from investments, while systematic withdrawals is more beneficial for those with strong investment yields and shorter life span.  --CBS Moneywatch

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