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A comment on Ask HN: Why not have reverse life insurance that rewards longevity?. Parent comment

Re:Ask HN: Why not have reverse life insurance that rewards ... by muzani on Friday July 01, 2022 @07:37PM (#31954439)
I used to say insurance was a form of gambling, but it's really just planning around worst case scenarios (dying before I can save for kids' education).

Annuities sound like the actual gambling, lol.

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Re:Ask HN: Why not have reverse life insurance that rewards ... by auxym on Saturday July 02, 2022 @10:35AM (#31959329)
Annuities are like insurance against the worst case scenario of outliving your savings (longevity risk).
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Re:Ask HN: Why not have reverse life insurance that rewards ... by pontifier on Saturday July 02, 2022 @07:13AM (#31958044)
If they pay you until you die, you're not likely to care that they stopped paying you.
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