Through our proprietary “stress test” software, we will help you determine if your annuity is likely to provide the intended total benefits to both you and your family.
Our exclusive Annuity Drain Rate™ Analysis illustrates the combined impact of both fees and your income withdrawals on your account value to show if and when your annuity will reach a Critical Drain Rate™ and/or a Terminal Drain Rate™ and therefore FAIL to provide the benefits you are paying for.
If the safe withdrawal rate is 4%, how can your annuity sustain a 5% income payout to you plus nearly 5% charged in annual fees?
Even if we repeat the strongest bull market in U.S. history... over time you may pay roughly half of your annuity's current value in fees which can potentially cause your annuity to collapse.
Are you ready for the consequences?
Unlike any other investment, your annuity's fees can climb ever higher as your annuity's account values drop which makes recovering from market losses even harder. When you add your retirement income distributions to your annuity's potentially high fees this makes your annuity account values much more vulnerable to market losses. This increased vulnerability will eventually force your Drain Rate™ to exceed common-sense safe levels and at some point your annuity will more than likely reach a Critical Drain Rate™ at 10% or more per year.
If you are currently receiving a retirement income from your annuity or you are planning on beginning your retirement income withdrawals sometime soon, our next market correction may prove disastrous to your annuity account values. Even the losses stemming from an average or typical bear market could dramatically increase your fees and accelerate your Drain Rate™ which can potentially force it into a Terminal Drain Rate™ status at 15% or more per year. This can happen quickly and much sooner than expected.
Many people mistakenly believe and/or assume that older annuity contracts are “better” merely because they may have a slightly higher income guarantee and/or slightly lower fees than what is being offered today. This oversimplification may cause some investors to continue to hold these older annuities under the belief that their “benefits” are somehow better merely because they have been paying for them over a longer period of time. Older financial “tools” are not always “better” in addressing your current situation and/or the current market conditions.
Until the annuity you own is analyzed and then compared to what else is currently available; you can never really be sure that the annuity “tool” you currently “have in your hand” will best prepare you for the financial challenges which lay ahead. With our Annuity Report™ including our "stress test" analysis and our exclusive Annuity Drain Rate™ Analysis, this just might be what you need in order to sleep better at night knowing both you and your family will be OK.
Annuity Report™ is an advisory service offered through BFF Wealth Management, Inc. (BFFWM), a registered investment adviser. The AnnuityGeek Squad™ and their Annuity Report™ services are offered only in those states where BFFWM is registered and/or in those states where BFFWM is exempt from registration requirements.
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