Reviewing Athene Performance Elite and Elite Plus Annuities

Описание: 00:00:05 📊 Introduction to Athene Performance Elite and Elite Plus annuities and their purpose.
00:01:07 🎯 Importance of understanding the specific purpose of your money when considering annuities.
00:01:34 ⏳ Performance Elite options available in 7, 10, or 15-year terms; 15-year commitment considered too long.
00:02:16 💰 Performance Elite 7 has a 10% penalty-free withdrawal in the first year, which is unique compared to other annuities.
00:02:43 ⚖️ The 10-year option has a 5% penalty-free withdrawal starting in year two, which is less favorable than similar annuities.
00:04:05 🎁 Performance Elite Plus includes enhanced bonuses but carries a 5% annual fee.
00:05:20 ✅ Return of Premium provision after four years ensures you won't lose principal, but comes with stipulations.
00:09:13 📉 Market Value Adjustment (MVA) can affect surrender values due to changes in interest rates impacting bond value.
00:12:02 🔍 Minimum Guaranteed Surrender Value (MGSV) highlights potential worst-case scenarios if the contract is surrendered early.
00:14:07 📈 Growth annuities can yield returns of 4-7%, but unrealistic expectations from advisors can lead to discomfort and financial risk.
00:20:46 🚫 Performance Elite not recommended for income generation; other income products suited for that purpose exist.