Kelsey Grammer, 70, Celebrates Birth of 8th Child
Kelsey Grammer, star of 'Frasier', announced on a podcast that he and his wife Kayte Walsh have welcomed their fourth child, Christopher, making him a father of eight at age 70.
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Age 70
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Estimated Monthly Payments for Various Annuity Amounts and Ages
A $400,000 annuity bought at age 70 can pay approximately $2,400 to $2,900 per month, depending on factors like gender, type of annuity, interest rates, and optional features. The payout is higher for males and single life annuities, and current elevated interest rates favor new buyers. However, annuities are complex products with trade-offs, so careful consideration is advised before purchase.