Get a "second opinion" on your current annuity...
The High Fees of Many Annuities Are a Problem
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?
What's Your Annuity's Drain Rate™ ?
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.
Can Your Annuity Survive the Next Correction or Bear Market?
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.