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					Originally Posted by DWB  180,000 a year after the age of 65 is a LOT of money unless you're some international jet setter.
 I can't imagine what I'd do at that age to spend anywhere near that much.
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 you're still paying taxes when you're 65.
anyway this isn't me, i wish it was,  i have a friend whose pension at retirement will pay her $180,000 per year until death.   i'm just trying to figure out how much money i'd have to have to have the same sweet retirement one day. 
i know nothing about retirement annuities,  if i buy one and i die before retirement my family gets nothing?  it's like gambling?