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(6 points) Briefly describe how these three different retirement income management strategies work: 4% withdrawal rule, using annuities, and money-for-life/bucketing strategy approach ( 12 sentences

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(6 points) Briefly describe how these three different retirement income management strategies work: 4% withdrawal rule, using annuities, and money-for-life/bucketing strategy approach ( 12 sentences each strategy). 4% withdrawal rule- Use of annuities- Money-for-life/bucketing

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