[QUOTE=NJblue;498657However, to be fair, what the author portrays is the worst case scenario for the value of the lifetime withdrawal benefit (i.e., that it only grows at the guaranteed rate).
However, if the non-worst case scenario actually unfolds, the value of the amount used to calculate the withdrawal rate could be higher than the guaranteed amount.[/QUOTE]
Pie in the sky?
If anyone is considering one of these things, the guarantee is the ONLY thing they should count on. With all the contractual Caps and Participation Rates the insurance industry has in place, that is probably the max you can get.
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KayakerNC
Mt Clemens, MI
Newport, NC
Suffering from TV envy
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