Short Form The Retirement Income Mistake That Happens the Day You Sign the Annuity

LEGACY INVESTMENT SERVICES

YouTube Short Script  |  June 2025  |  Week 2 - Short 2

TITLE: The Retirement Income Mistake That Happens the Day You Sign the Annuity

ADVISOR: Jordan Cassiani

RUNTIME: 55-65 seconds

FORMAT: Vertical 9:16, tight on-camera, no cuts

CTA: Link in bio for complimentary retirement income analysis

Securities and advisory services offered through Osaic Wealth, Inc., member FINRA/SIPC. Legacy Investment Services and Osaic Wealth are separate entities. Content is for educational purposes only. Not investment, tax, or legal advice. All scenarios are hypothetical illustrations.

SCRIPT

The most common annuity mistake is not the product itself. It is when people sign an annuity contract and then discover the surrender period.

Most annuities have a surrender period, typically 7 to 10 years, during which if you need your money back, you pay a penalty. In year one that penalty might be 8 or 9 percent. It decreases each year but it is real.

On a $400,000 annuity, an 8 percent surrender charge in year one is $32,000. That is $32,000 you pay to access your own money.

People sign these contracts without fully internalizing that their liquidity just changed dramatically. Then two years in, a large expense comes up, a home renovation, a medical bill, a family need, and suddenly the money they thought they could access is locked up.

The question to ask before you sign any annuity is: what is the total surrender schedule and what would it cost me to access this money in years one, three, and five? If you cannot comfortably answer yes that you will not need this money during that period, the annuity may not be the right tool right now.

PRODUCTION NOTES

Matter-of-fact, helpful tone. This is cautionary content but not anti-annuity. It is pro-informed-decision.

Legacy Investment Services  |  Jordan Cassiani  |  Legacy - Annuity Surrender Period Mistake - Short - Week 2