Investmentmoats.com Website Review

i am going to cover some of these insurance retirement plans, since i have the resources to do so. i am doing this in order to let readers see it from my perspective. this is so that, if you met up with an adviser and this is put in front of you, you got another way of looking at it. since i written a whole section on retirement planning & financial independence axa retire happy plus belongs to a clas* of limited payout retirement plans. however, specific for axa retire happy plus, there is an option to accept payout over the lifetime (till age 99 years) diagnosis of tpd. like all tpd policies, it is in effect till 65 years old earn a non guaranteed interest rate, benchmark against a basket of fixed deposits the following illustration from the brochure explains things better: sam choose to contribute premiums over 25 years and chose to payout 5 years later at age 61. sam can choose different duration of premium payments from 5, 10, 15, 20, or 25 years or a single premium (one lump sum). sam can choose when the retirement payout starts provided it is 5 years away from the last premium payment. in this illustration, sam chose to pay out all his accu*ulated as*ets over 15 years as cash flow. same has a choice of 15, 20 years or at this point i think axa retire happy is a rather flexible plan. a lot of plans leave me wanting because you cannot contribute a lump sum or that you cannot space out the distribution over the lifetime.. regular contribution, with 20 year payout starting at 65 years old. starting our cash flow distribution at age 65, for 20 years: you notice that both the payout starts low before increasing over time. some retirees will like this because they see the 3.5% escalation as protecting their purchasing power over time. the rate of return that you will get, depends on the performance of the participating fund. when you purchase a cash value insurance policy like this one, you are transferring the investment management to the insurance company.