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Subject:  Re: Hi gang... wow!!! Date:  9/17/2013  8:48 PM
Author:  Dwdonhoff Number:  72991 of 90111

Hi AJ,

I continue to think your risk management process is ignoring a significant risk of entrusting all of your assets in a contractual obligation with a single entity, with only a state guaranteed insurance fund that will pay out up to $100k (in many cases) if the entity fails. Sure, it's an improbable event - probably just as improbable for any individual as their daughter contracting a rare disease that is curable only in Australia.
Not even close... not even in the same universe.

People are forced to liquidate their retirement investments while underwater *EVERY* *SINGLE* *SIGNIFICANT* *MARKET* *DRAWDOWN*. Without exception! 100% frequency!

When was the last time anyone lost any (let alone all, in a 'ruin event') due to a fixed life company going titsup?

What has been the frequency?

That's what I thought.... not even the same universe of risk.
Dave Donhoff
Leverage Planner
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