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1. When Theo retired from his pension fund two years ago at theage of 65, he took a lump sum of R500 000 and bought

1. When Theo retired from his pension fund two years ago at theage of 65, he took a lump sum of R500 000 and bought a life annuityfrom an insurer with the remaining R1 500 000 of his retirementbene 2 answers

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