Jonny SAMPLE
$3,064
YOUR TOP 3
TERM IN YEARS
RATING
4) SPEND INTEREST ON PRINCIPAL ONLY FOR 10 YEARS
American National
AMOUNT DECLARABLE TO IRS : income starts in 5
$3,064
5
A-
5.55%
American National
BEST 10 YEAR RATE 5.60%
STARTING RETIREMENT BALANCE
PREMIUM NOW
years
7
A
5.55%
Equitrust
$500,000
$656,583
Jonny SAMPLE
10
B+
5.60%
HOW TO INTERPRET THIS CHART: BASED ON OUR CURRENT MONTHLY EXPENSES OF :
GUARANTEED BENEFITS BELOW
TOTALS
BUDGET AFTER ANNUITY
GUARANTEED CASH FLOW based on annual benefit divided by ORIGINAL PREMIUM paid
PAID
$500,000
$500,000
DEFICIT / SURPLUS
RECEIVED
$183,843
$183,843
ANNUAL
$36,769
$36,769
MONTHLY RETIREMENT BALANCE :
$3,064
$3,064
MONTHLY
CUMULATIVE
$656,583
$3,400
AGE YEAR
INTEREST ONLY
-$690 -$8,278 -$765 -$17,457 -$841 -$27,554 -$920 -$38,589 -$999 -$50,581 -$4,145 -$100,316 -$4,227 -$151,045 -$4,312 -$202,789 -$4,398 -$255,569 -$4,486 -$309,403 -$4,576 -$364,315 -$4,667 -$420,324 -$4,761 -$477,454 -$4,856 -$535,727 -$4,953 -$595,165 -$5,052 -$655,791 -$5,153 -$717,630 -$5,256 -$780,706 -$5,361 -$845,044 -$5,469 -$910,668 -$5,578 -$977,605 -$5,690 -$1,045,880 -$5,803 -$1,115,521 -$5,919 -$1,186,555 -$6,038 -$1,259,010 -$6,159 -$1,332,913 -$6,282 -$1,408,295 -$6,407 -$1,485,184 -$6,536 -$1,563,611 -$6,666 -$1,643,607
Inflating Each Year at :
65 1
$3,064
$3,064
$36,769
7.35%
2%
66 2
$3,064
$3,064
$36,769
7.35%
67 3
$3,064
$3,064
$36,769
7.35%
THAT EXISTS
68 4
$3,064
$3,064
$36,769
7.35%
NOW, BEFORE AND IN:
69 5
$3,064
$3,064
$36,769
7.35%
70 6
$0
$0
Must Be
0.00%
EVERY YEAR OF RETIREMENT
71 7
$0
$0
Re-Invested
0.00%
72 8
$0
$0
At this point
0.00%
73 9
$0
$0
0.00%
AND USING ANNUITY PREMIUM IN THIS CHART OF SPECIFICALLY
74 10
$0
$0
0.00%
75 11
$0
$0
0.00%
TOTALS
76 12
$0
$0
0.00%
77 13
$0
$0
0.00%
78 14
$0
$0
0.00%
THEN WE WILL HAVE TO SPEND FROM OUR RETIREMENT SAVINGS
79 15
$0
$0
0.00%
80 16
$0
$0
0.00%
81 17
$0
$0
0.00%
-$1,485,184
82 18
$0
$0
0.00%
83 19
$0
$0
0.00%
84 20
$0
$0
0.00%
IN ORDER TO SURVIVE RETIREMENT
85 21
$0
$0
0.00%
86 22
$0
$0
0.00%
87 23
$0
$0
0.00%
OR WE WILL HAVE A WONDERFUL SURPLUS OF :
88 24
$0
$0
0.00%
89 25 90 26 91 27 92 28 93 29 94 30
$0
$0
0.00%
$0 $0 $0 $0 $0
$0 $0 $0 $0 $0
0.00%
-$1,485,184
0.00%
0.00%
0.00%
0.00%
Take the Challenge: See When a LIFETIME Income Guarantee Benefit Outlasts the Power of Fixed Interest (page 35)
Page 14
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