Скачать или смотреть How 20 Years of Annuity Fees Can Cost You Millions of Dollars! Illustration Included.

What does 20 years of owning a variable annuity do to your ability to accumulate wealth for retirement? I think a lot of investors do not realize just how much a variable annuity can set them back when planning for their retirement. Variable annuities are commonly sold as retirement income solutions with guaranteed annual withdrawal & death benefit riders added to the annuity contract. Total cost to own a variable annuity with a guaranteed annual withdrawal & death benefit rider can be 3% or even 4%, per year.
Today I am going to show you how much a typical 3% annual annuity fee can cost you over a 20 year period. To replicate the cost burden of an annuity, I have prepared a twenty-year, total return illustration for a popular retirement index fund, the vanguard balanced index fund and added a 3% annual fee to the fund. This fund is widely used by retirees and has a 60/40 equity/fixed asset allocation. Our illustration will be for a $1m investment made 20 years ago. You will see two graphs; one graph for a $1 million dollar investment in the Vanguard Balanced Index Fund and the other for a $1 million dollar investment in the Vanguard Balanced Index Fund with a 3% annual fee included.

Written Summary Article:

https://highpassasset.com/how-20-year...

Timestamps:

01:31 20 Year Fee Illustration

This video is for educational and illustrative purposes and is not financial advice. Your broker or advisor will charge you fees or commissions to make investments and therefore your returns will be less than indexes. For example, if you invest in the S&P 500 ETF, SPY, you will pay a fee to the company managing the ETF, State Street Global Advisors. Your return on the S&P 500 ETF, SPY, will be less than the S&P 500 Index TR because of the fee paid to State Street Global Advisors. Additionally, you may pay a fee or commission to your broker or financial advisor, further reducing your return, below the index. Consult your advisor or broker for a detailed list of their fees or commissions before you invest. Investing involves risk and you can lose money.