How much is your client NOT earning?
Jeff Affronti
Fixed Annuity & Life Wholesaler | SPIAquote.com | AnnuityExperts.com FSD Insurance Services | Traditional insurance products for the risk averse. New business & servicing. Experienced, reliable, available & responsive!
Risk averse savers are finding ultra low rates in their tradition go to products. Check out this saving comparison based on a $100,000 premium and 5 years of earnings at 3 different rates.
Show these numbers to your clients and maybe they will make the switch from an extremely low yielding safe money product. Remember fixed annuity interest is tax-deferred and compounds!
0.60% vs 1.20% vs 3.00%
Savings Comparison - $100,000 Over 5 Years
Rate of 0.60%
- Year 1 = $100,600
- Year 2 = $101,203
- Year 3 = $101,811
- Year 4 = $102,422
- Year 5 = $103,036
Rate of 1.20%
- Year 1 = $101,200
- Year 2 = $102,414
- Year 3 = $103,643
- Year 4 = $104,887
- Year 5 = $106,145
Rate of 3.00%
- Year 1 = $103,000
- Year 2 = $106,090
- Year 3 = $109,273
- Year 4 = $112,550
- Year 5 = $115,927
Illustrations:
Jeff Affronti
FSD Financial Services Division Fixed Annuities and Life
800-373-9697
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