Susan's Story

After decades of full-time employment, Susan, 72, and her wife were in a healthy financial position, but they shared uneasiness about protecting their principal and the future. Susan noted that the retired couple’s primary worries centered on market volatility, the rising costs of long-term care, and—given their combined history of family longevity—the potential of outliving their resources.  

They wanted to secure a reasonable return while maintaining lifestyle liquidity.

Susan researched how annuities could fit into their retirement portfolio but had reservations. Her concerns about traditional annuities were not uncommon among retirees, related to high fees, commissions, and limited transparency.

Susan heard a podcast featuring author and highly recognized retirement income expert Wade Pfau. Wade was speaking on the benefits of incorporating annuities in a retirement plan and mentioned DPL Financial Partners. As she continued her research, other retirement income thought leaders also highlighted the value of the commission-free model, which eventually led her to DPL.  

Prioritizing the couple's specific needs—lifestyle liquidity and long-term care protection was a key concern—Susan leveraged DPL’s expertise and tools to identify a diversified, multi-product solution across three separate transactions:

An initial Fixed Indexed Annuity (FIA) was purchased to provide increasing payouts over time, including a guaranteed 4% compounded interest increase in payouts over the first seven years, addressing the need for long-term income and growth.

A year later, a similar FIA was added to further solidify their long-term income strategy.

In the third year, a simple Multi-Year Guaranteed Annuity (MYGA) was purchased to round out their retirement plan, providing a safe, guaranteed return on a portion of their assets.

With each transaction, the couple appreciated DPL’s no-commission policy, which ensured they maximized the benefit of their annuity purchases without the drag of high fees.

The couple recently relocated from Colorado to Florida to be close to Susan’s 94-year-old mother. They now feel a deep sense of security, knowing their assets are protected from market volatility while securing income that is designed to keep pace with their needs.  

“Financial planning is complex in retirement and trustworthy partners are not easy to find. I will forever be grateful for my DPL experience and have enthusiastically recommended them to others.”

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