teranodeCouncil · decision record
01 · Scenario on file
Client E (age 64, three years from planned retirement, moderate risk tolerance) is deciding whether to remain in money markets, purchase a guaranteed-interest annuity, or use a term annuity structure. Liquidity needs unconfirmed; tax considerations unclear.
02 · Decision
Do not reallocate without a documented comparison across liquidity, time horizon, and tax considerations. Document the comparison on file before any structural move.
Confidence74%
Agreement3 / 4
Dissent1 / 4
Confidence is computed as a function of inter-role agreement and the strength of the strongest preserved objection.
03 · Material risk on record
Locking up liquidity for incremental yield without confirming emergency cash and near-term spending needs.
04 · Preserved dissentattributed to the Contrarian role
Remaining in money markets is rational when liquidity, simplicity, and optionality matter more than locking in a higher stated rate. Money markets are not a failure of process; they are an active choice for clients whose constraints favor flexibility.
05 · Process steps on record
- Schedule a documented review with the client.
- Build a side-by-side comparison: money market liquidity, GIA guarantee, term annuity rate/term/surrender.
- Defer any reallocation until the comparison is on file.
Advisor signature
Date signed