MAKE SURE YOU HAVE THE MOST HOLISTIC RETIREMENT ANNUITY COMPARISON
MAXIMIZE YOUR
RETIREMENT INCOME
MARK FUHR CFP®
Mark Fuhr® is a Certified Financial Planner® with 39 years experience in the Financial & Estate Planning Industry.
Mark provides the most comprehensive and unbiased comparison of Retirement Annuities in the industry to insure you pay the lowest Fees and generate the highest income at retirement.
Mark is an Independent Broker representing all the major life, short-term and Investment companies.
*Our consultations take place via Zoom for your convenience and Personal Safety because of Covid-19*
COMPARE PLANS!
Which companies do we compare to Discovery?
Mark will compare the following Companies Retirement Annutities to the Discovery Retirement Optimiser.
Allan Gray
PPS
Liberty Life
Old Mutual
Sanlam
Momentum
Hollard
OutVEST
10X
Investec
WHAT BENEFITS ARE COMPARED?
Mark will compare over 12 Major Benefits relating to your Retirement Annuity compared to the Discovery Retirement Optimiser (DRO) on a like-for-like basis
Fees
Mark will compare fees relating to your Retirement Annuity showing how they impact you Retirement Income
Access to Funds
Mark will explain what access you will have to your Retirement Funds before and after retirement
Taxes
Mark will compare Tax on the Different Retirement Annuity Structures with regards your Contributions before Retirement and and your Income in Retirement.
Death
Normally Neglected - Mark will compare in detail how death is handled by your Retirement Annuities compared the the Discovery DRO before and after Retirement. And the differences are dramatic.
Disability
Also neglected - Mark will compare what happens if you became Permanently Disabled before Retirement. How are you going to afford to pay your Retirement Annuity Contributions?
Dread Disease
Mark will compare what happens to your Retirement Income should you suffer a Dread Disease in Retirement as well as what Dread Disease Benefit is covered by your Retirement Plan if any.
Maturity Value
Mark will compare the Illustrated Maturity Values of your Retirement Annuity compared to the Discovery DRO and how it effects your Income.
I will compare a Normal Retirement Annuity to a 3rd Generation Retirement Annuity and you will see the most innovative concepts.
Retirement Income
Mark will compare the the after Tax income generated by your Retirement Annuity compared to the after Tax income of the Discovery DRO. The DRO income will generally generate between 35% and 140% more income at retirement. The difference is astronomical.
Life Assurance
How does it assist your Retirement Plans?
Mark will look at your life cover to see if it will assist in increasing your Retirement Income. He will assess if your Life Cover pays our part of the Death Value to you at age 65 while you are alive in order to enhance your Retirement Income.
Case Study:
R5 000pm invested in a RA to age 65
Assumptions:
R5 000 pm increasing at ±10% pa to age 65. Effective Annual Cost for a Traditional RA is1% in this example. Full 3/3 used to purchase an Annuity from a Living Annuity at 5% pa. Tax rate 20%. Discovery Life Policy R1 580 pm Life Cover R4 000 000, Capital Disability Cover R2 000 000. Male age 45. Blue Vitality Status. 10% Gross return over 20 years. Inflation 5%. Life Policy must remain in force.
How it works:
A Traditional RA pays out like a Normal RA sold by all companies. The Discovery DRO pays out like a normal RA but in addition to the RA Income you will be paid out part of your Life Cover linked to your RA from age 65. This is unique which no other company does. You will also have over 64% of your Fees paid back into your investment on a monthly basis resulting in a higher Maturity Value. The effective result of your Retirement Annuity linked to a Life Policy is an Effective Annual Cost of -3.14%
Traditional RA
1% Effective Annual Cost
Discovery Retirement Optimiser
-3.14% Effective Annual Cost
R7 062 714
Illustrated Maturity Value at age 65
R8 972 478
R23 542 pm
After Tax Income per Month
R29 908 pm
R0
Income from Life Cover at Age 65
R22 046 pm
R23 524 pm
Total after Tax Income
R51 954 pm
Traditional RA
1% Effective Annual Cost
Discovery Retirement Optimiser
-3.14% Effective Annual Cost
Illustrated Maturity Value at age 65
R7 062 714
R8 972 478
After Tax Income per Month
R23 542 pm
R29 908 pm
Income from Life Cover at Age 65
R0
R22 046 pm
Total after Income Tax Income
R23 524 pm
R51 954 pm
The Discovery Retirement Optimiser in this example will pay out 121% more Income than a Traditional RA. This is a no brainer.
For the equivalent return as Discovery you would have to invest R8 868 pm in a Traditional RA instead of the R5 000 pm you would pay at Discovery.
*Please note that the above example is for illustrative purposes only and the Illustrated Maturity Value is not guaranteed as it is dependent on many factors. However, the above example using the above assumptions is correct and can be verified. Terms and conditions apply.
This is a NO PRESSURE Comparison!
With absolutely NO OBLIGATION you will come away having gained a different perspective of Retirement Annuities and how to increase your Income at Retirement.
*Our consultations take place via Zoom for your convenience and Personal Safety because of Covid-19*
Total Transparency
As Mark believes in total transparency, he has no problem with you showing your Personal comparison to, and having it vetted by, the company you are currently insured with.
Remember, the important person here is you! Not Mark Fuhr® or the company you are currently insured with!
"This is not my area of expertise and Mark gave me great advice on how to plan for my retirement. I feel confident that I was provided with all the required information to make an informed decision and had a retirement plan tailor-made for my needs"
- Melissa Rowlston
"Mark Fuhr has been an absolute delight to work with. He treats his clients with the utmost kindness and dignity. In my experience I have found his knowledge of his field to be exemplary, and Mark himself ever patient and available to his client's needs."
"I was looking for a comparison for my Retirement Annuity compared to Discovery and contacted Mark. The Zoom presentation he did was absolutely outstanding. It was easy to understand and provided me with information I did not expect to receive. After considering everything, I have decided to move to Discovery and use Mark as my broker.
- Guy Ellis
"GOOD ADVICE IS PRICELESS"
*Our consultations take place via Zoom for your convenience and Personal Safety because of Covid-19*
Who is Mark Fuhr?
Mark is a Certified Financial Planner® CFP® with 39 years, experience in the Financial & Estate Planning Industry.
He was the youngest Life and Qualifying Member of the Million Dollar Round Table in South Africa and 5th youngest in the world.
He was a consultant at Sage Life for 26 years, being one of their top 10 consulates for 18 years and their number one consultant on two separate occasions.
After leaving Sage/Momentum Mark became an Independent Broker representing all the major life, short-term and investment companies.
In 2001 Mark was voted by Personal Finance of the Saturday Star and the Financial Planning Institute of South Africa as one of South Africa’s top 10 Financial and Estate Planners.
Mark is the Author of the Trust Report published by Fleet Street Publication.
*Our consultations take place via Zoom for your convenience and Personal Safety because of Covid-19*