Thinking about a fixed indexed annuity. I'm concerned about two things mainly: the stability of the provider and inflation.
Here the features. I would start withdrawing the funds in 10 - 15 yrs. Any thoughts?
FEATURES AND BENEFITS
ü 10% Bonus
ü 10% Free withdrawals per year
ü Guaranteed 8% per year to income withdrawal account
ü Guaranteed lifetime income
ü Market upside potential
ü No downside risk of principle or previous years’ gains
ü Accumulation account belongs to you and/or your heirs
ü Walk away anytime – subject to ten year decreasing surrender schedule (look at Cash Surrender Value)
Here the features. I would start withdrawing the funds in 10 - 15 yrs. Any thoughts?
FEATURES AND BENEFITS
ü 10% Bonus
ü 10% Free withdrawals per year
ü Guaranteed 8% per year to income withdrawal account
ü Guaranteed lifetime income
ü Market upside potential
ü No downside risk of principle or previous years’ gains
ü Accumulation account belongs to you and/or your heirs
ü Walk away anytime – subject to ten year decreasing surrender schedule (look at Cash Surrender Value)
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