Tontine

shipwreckedandalone

I always thought this was an interesting consideration with many pros and cons.

https://en.wikipedia.org/wiki/Tontine

https://www.investopedia.com/terms/t/tontine.asp

https://www.kitces.com/blog/tontine-agreement-instead-of-annuity-lifetime-income-mortality-credits-and-book-review-of-milevsky-king-williams-tontine/

msf

Kitces cites a movie, a book, and a Simpson's episode as examples of where tontines have entered popular culture. Here's another (excerpt from the Old Soldiers episode of M*A*S*H):

Old_Joe

That one got my eyes a bit damp. What a great series that was.

Mark

Gets my vote too OJ.

Crash

Col. Sherman Potter.

Derf

Good to the last drop !!
Derf

Dennis Baran

Robert Louis Stevenson, along with Lloyd Osborne, wrote a black comedy titled The Wrong Box whose subject and plot is the tontine. Free online read on a number of sites.

Here's one review from Faith Jones, 2018.

https://medium.com/@havingfaith/book-review-the-wrong-box-by-robert-louis-stevenson-and-lloyd-osbourne-ee2bcc0b3322

I taught this book to high school kids a number of times.

shipwreckedandalone

$PSTH Ackman. Not a recommendation.

WABAC

Dennis Baran said:

Robert Louis Stevenson, along with Lloyd Osborne, wrote a black comedy titled The Wrong Box whose subject and plot is the tontine. Free online read on a number of sites.

Here's one review from Faith Jones, 2018.

https://medium.com/@havingfaith/book-review-the-wrong-box-by-robert-louis-stevenson-and-lloyd-osbourne-ee2bcc0b3322

I taught this book to high school kids a number of times.

Turned into a movie in the 60's. Good British cast. But I can't remember if it was any good. IIRC, it involved a lot of murder.