Retirement Income that Never Runs Out (the up to 8%** secret)
Two men grew up in the same town.
They never knew each other, but they were very similar.
Both were the same age. Both had similar incomes. And both had similar spending and saving habits.
In fact, by age 65, both had put away $500,000 in savings and investments.
But what neither of the men knew at the time was that they had another 25 years to live. And the money they had put away needed to last until they turned 90 years old.
One of the men, invested $500,000 into a conservative S&P 500® index fund. By his late 70s, his nest egg had dwindled to $147,241 and he had to rely on Social Security checks, which were barely enough to survive on.
 Graph created by associates of J.D. Mellberg Financial using data from the S&P 500®
WD in chart above refers to 5% withdrawal.
The other man, however, took a different path.
He took a significant portion of his wealth and bought a financial product that guaranteed* him up to 8%** annual payouts every single year for the rest of his life.
So when this man entered his late 70s, he was still collecting nearly $40,000 every single year like clockwork... and would continue to receive these payments for as long as he lived.
Imagine:
Two men of the same age and the same financial means... yet one has to scrape by... and the other enjoys a healthy annual "income" without ever dipping into the rest of his nest egg.
So what made the difference?
The difference lies in the financial vehicles these two men purchased with their retirement funds. One man chose a risky financial vehicle which resulted in a loss of principal and the other man chose a fixed index annuity, which would provide payments for the rest of his life***.
Now which man would you rather be?
If you’d like to be the man who chose the annuity which provided a steady stream of income, then click here now to learn more.
*Annuity guarantees rely on the financial strength and claims-paying ability of the issuing insurer. **8% refers to the lifetime income withdrawal amount based upon your initial premium and may allow the owner of an annuity contract to withdraw up to 8% of their initial premium per year for their lifetime. This withdrawal rate may not be available for all applicants and can vary based upon your age, your state of residence and the start date of your lifetime income. *** Some fixed index annuities may have a lifetime income guarantee as part of the base policy; others may have riders available for additional premium that provide this benefit.
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