"A jar of wine so priceless did not deserve to die. and Never think of leaving perfume or wines to your heir. Administer these youself and let him have the money."

Previous Quote

People worry that if they buy an annuity and then die before the policy starts to pay off, their heirs will lose out. I tell them, "What you should be more worried about is if you outlive your money, you will have to move in with your kids. Ask your kids which of these outcomes they are more worried about."

— Richard Thaler