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Annuities, Explained Like a Friend Would: A Back-to-School Guide for Parents Planning Ahead
But first, a parable: A giraffe was busy eating vegetation from an acacia tree when a vervet monkey approached, carefully observing. After three hours of watching, the monkey finally asked, “You spend hours every day eating 40 to 50 pounds of leaves; when do you spend time with your family or do anything meaningful for others?” Finishing her last bite, the giraffe smiled at the monkey and said, “I do more for others eating over 17 hours each day than most do in their lifetimes. What you don’t see is that I have two stomachs that eat some now, then the rest later, and several friends and family dine with me throughout the day. But when I use the bathroom, seeds from my excretion are absorbed into the soil and spread trees across the land – you have shade, and this land renews because I eat.”
