Brenda's Story

Brenda and her husband, a retired couple living in the Washington D.C. area, had a common goal: to wisely invest a portion of their retirement savings. Though they had no pressing financial concerns, their primary objective was to find a safe and secure way to earn a reasonable return on their money.

Brenda admitted her initial hesitation about annuities centered on transparency. Having experience with traditional annuities, she and her husband were aware of how complex the products could be.

The couple learned about DPL Financial Partners from a financial advisor. The concept of commission-free Multi-Year Guaranteed Annuities (MYGA) immediately appealed to them because, as Brenda noted, "it was like a CD with a guarantee."  

DPL’s technology was helpful in pointing out the differences between their legacy annuities and the commission-free options. The platform’s ability to clearly model and illustrate the disparities in costs and payout benefits between their older policies and the commission-free products was key. This transparent, apples-to-apples comparison provided an unbiased analysis, which gave Brenda the assurance that MYGAs were a safe and suitable investment.  

By investing in commission-free MYGAs, the couple found the secure investment they were seeking, which gave them profound peace of mind. Brenda now says they are confident in the investment, noting that she regularly monitors the MYGAs online and "they’re paying just as we were told."

"We wanted a safe, secure way to earn a reasonable return, and MYGAs met that need. DPL’s technology was very helpful in highlighting the major differences in costs and payouts between our traditional annuities and the commission-free products. It gave us confidence that these were a safe investment.”

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