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If car owners make sure their rides are given protection, then it is also important that they themselves are protected. How? In the form of “investing” in being protected in different ways, whether for a long-term goal for a major purchase, a retirement plan, etc.
I have been reading about annuity / finance theory (click here for more info) and thinking how this is helpful in the future.
I was surprised to see the figures looking so alien, haha. Maybe when the son is taking up Actuarial Science he can explain to me what these mean.