Is the "You need 80% of pre-retirement income to retire valid ...why?

Best selling Allianz 222 fixed index annuity is giving the biggest ever promotion in limited time offer one-time +35% premium bonus of what you put in, +50% interest bonus annually of market index return, lifetime income withdrawal (after age 59.5 years old) and income multiplier (for long term care scenario). It is an indexed annuity therefore the account value will only go up but not down. The gain earned this year will be locked in and rolled into the principal base for next year and so on. If next year the market drops, the principal base stays the same and will not lose value. It also provides death benefit protection to beneficiaries as a lump sum or payout over 5 years. The annuity account value grows tax-deferred and no tax until withdrawal. Visit here https://www.starlakeplan.com/allianzannuity222 to get more details and download the brochure, rate sheet and illustration quote plan.

/r/retirement Thread