At age 90, Calment, who was a heavy smoker, sold her house with an agreement that she would receive monthly payments until she died, at which time the ownership of the home would transfer to the purchaser.
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Jeanne Calment lived to 122 and illustrates why advisors should help their clients plan for longevity when preparing to retire. So reports Forbes.
At age 90, Calment, who was a heavy smoker, sold her house with an agreement that she would receive monthly payments until she died, at which time the ownership of the home would transfer to the purchaser.