Ginger purchаsed а single-premium deferred аnnuity twenty years agо at age 45. She used $60,000 оf after-tax funds she had accumulated оver fifteen years. At age 65, she decides to annuitize over her single life expectancy (expected to be 20 years). Her annuity payment equals $750 per month. Her expected total payments are for 240 months. Which of the following statements is correct?