Of the following, who is the most suitable candidate for a Portfolio Income Annuity? Kevin, who's primary goal is wealth accumulation and maximize growth with exposure to market volatility. Marie, who is an existing Northwestern Mutual Permanent Life Insurance client and has experienced NM's dividend-paying history. She would like to create guaranteed lifetime income in retirement with the potential for income growth. Susan, who does not have a Pension Plan and would like more guaranteed income in retirement to supplement her Social Security. She is extremely conservative and wants a fixed guaranteed lifetime income stream she can rely on. Dave, who has some health concerns and is worried about leaving a legacy in retirement. He would like to have access to his assets in the case of an emergency.

Of the following, who is the most suitable candidate for a Portfolio Income Annuity? Kevin, who's primary goal is wealth accumulation and maximize growth with exposure to market volatility. Marie, who is an existing Northwestern Mutual Permanent Life Insurance client and has experienced NM's dividend-paying history. She would like to create guaranteed lifetime income in retirement with the potential for income growth. Susan, who does not have a Pension Plan and would like more guaranteed income in retirement to supplement her Social Security. She is extremely conservative and wants a fixed guaranteed lifetime income stream she can rely on. Dave, who has some health concerns and is worried about leaving a legacy in retirement. He would like to have access to his assets in the case of an emergency.

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter15: Mutual And Exchange Traded Funds

Section: Chapter Questions

Problem 5FPC

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Concept explainers

Real Estate

Real estate means ownership of land along with the assets and natural resources that exist on the land. These properties are in real/physical form which is tangible. Real estate simply means land or addition made to land permanently like constructing a residence or different buildings. People invest in real estate to either reside or for wealth creation. Many people investing in real estate further lend the place for occupation or businesses in return for a monthly payment.

Question

192.

Subject : - Finanace

Of the following, who is the most suitable candidate for a Portfolio Income Annuity?
Kevin, who's primary goal is wealth accumulation and maximize growth with
exposure to market volatility.
Marie, who is an existing Northwestern Mutual Permanent Life Insurance
client and has experienced NM's dividend-paying history. She would like to
create guaranteed lifetime income in retirement with the potential for income
growth.
Susan, who does not have a Pension Plan and would like more guaranteed
income in retirement to supplement her Social Security. She is extremely
conservative and wants a fixed guaranteed lifetime income stream she can
rely on.
Dave, who has some health concerns and is worried about leaving a legacy
in retirement. He would like to have access to his assets in the case of an
emergency.

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