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All that drawing, Dürer reckoned, ought to be worth 100 florins a year, since "I have served him for three years at my own expense .Maximilian, naturally generous beyond his means, granted him that sum for life.
While the private sector is rapidly converting to 401(k) plans, where the amount you get depends on how much the employer and employee have squirreled away over the years, New York City workers enjoy old-fashioned defined-benefit pensions, which guarantee a predetermined monthly sum for life.
A retiree in good health should consider using a portion of savings to buy annuities that pay a fixed monthly sum for life.
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The range of the sum score for life satisfaction (LS) was 4 20.
"It's such a paltry sum for a life," she said.
DALYs are the sum of life years lost due to premature mortality and years lived with disability, adjusted for severity.
Unlike standard equity release schemes, which will be regulated by the FSA from October next year, home reversion schemes typically involve a homeowner selling all or part of their property at a discounted rate in return for either a cash lump sum or an income for life.
With these you convert a lump sum into monthly payments for life.
These convert lump sums into monthly payments for life.
Annuities are insurance policies where you use your lump sum to buy an income for life.
At the end of their careers, deferred annuity holders can receive their savings either as a lump sum or as annuity payments for life.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com