Buy Two Life Annuities

Dear Mr. Tan,

Is it sensible to have two Anunities - one from CPF and the other from NTUC Income? I am more on the preservative type, do not want to take risk in investment.
JL

REPLY
This is an excellent idea. I have recommended it before. Buy an annuity for CPF for its attractive return. Buy a life annuity from the private sector using cash savings.

Read this FAQ:
http://www.tankinlian.com/faq/life.html