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The client is in relatively good health and is a conservative investor. He expects to live until age 95 and asks you to use a 3% rate of return.

  1. The client is in relatively good health and is a conservative investor.  He expects to live until age 95 and asks you to use a 3% rate of return.  Should he take at 66 or 70? (Answer either 66 or 70).
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