Exchange Annuity Quotes

Exhibit 6.2 Cost of $1,000 in Monthly Lifetime Annuity Income, Starting at Age 65 Year Male Female 2004 $157,432 $167,818 2005 $157,255 $167,817 2006 $151,700 $161,363 2007 $151,524 $160,966 2008 $147,953 $155,843 2009 $156,500 $165,502 2010 $170,116 $178,410 2011 $174,828 $182,952 2012 $187,008 $195,216 2013 $183,728 $191,571 Average $163,804 $172,746 Source: CANNEX Financial Exchanges for non-COLA-adjusted qualified annuity income with a 10-year guarantee for California.

These objections mainly being that, by purchasing an annuity, you have to give your money to an insurance company in exchange for any guarantees.

Government inflation-protected securities (in the United States, these are Treasury Inflation-Protected Securities, or TIPS) A low-cost total U.S. domestic equity (stock) index fund, either a mutual fund or an exchange-traded fund (ETF—i.e., a sort of mutual fund that can be traded like stocks on an exchange) A low-cost total international equity index fund, either a mutual fund or an ETF Single-premium income annuities Low-cost term life insurance