Digital-Human Jennifer briefly highlights the benefits of the magnificent MYGA.
Sue and Brad entered retirement as financially identical retirees. Brad ended up dead broke. No income and no savings. Sue, however, enjoyed 30-years of inflation-adjusted income while also accumulating $2,600,000. The only difference between them is the timing of their retirements. They retired one -year apart.
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Entering retirement with no protection against Timing Risk is reckless. Watch Ai Linda talk about Timing Risk and the importance of watching the Timing Risk movie.
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A MYGA can help protect you against Timing Risk.
"The shocking story of Sue and Brad."
Sue and Brad entered retirement as financially identical retirees. Both had the same $500,000 in savings and identical investment portfolios And in retirement, each of them withdrew the same amount of money to live on. Steve ended up dead broke. No income and no savings. Margaret, however, enjoyed 30-years of inflation-adjusted income while also accumulating $2,600,000. The only difference between them is the timing of their retirements. They retired one -year apart.
Sue
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$2,600,000
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30-years of inflation-adjusted income
Brad
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Zero money
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Zero Income