FinanceDude
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Aug 3, 2006
- Messages
- 12,483
73ss454
I looked at the "takemymoney" URL and used its search to look for a 10% rollup. I could not find anything close. Can you give the precise URL listing where it talks about that? Much thanks.
And yes, a 10% fixed under performs an 8% compounded rollup in about 3.5 years. It was not the 10% I was looking for, just the company that offered it. At 8% compounded, you can double your money in 10 years. My problem is that I will not have that long before I need to take the annual withdrawal from the annuity.
tjcooper
10% rollup for 10 years is Nationwide, it is 2.5% simple interest per quarter, not compounded. It is an INCOME base growth, not contract value. Other companies like Prudential and Allianz compue things differently..........