Jonny SAMPLE
When your Income Guarantee OUTLIVES the Fixed Rate Guarantee THE PREMISE of the Annuity Industry's Offer of LIFETIME INCOME
EARNINGS ON PRINCIPAL "FANTASIES"
REALITY
PREMIUM
$500,000
BEST ANNUITY LIFETIME INCOME
"I can live off my high interest rates forever, interest rates will always be high, and my financial institution will allow me to take as much money out each month as I need to even though I am in a high fixed rate for a term"
BALANCE AT RETIREMENT $656,583 HIGHEST FIXED RATE
HIGHEST INCOME RATE
5.60%
12.27%
COMPOUNDED FIXED INTEREST AND NO WITHDRAWALS
EARNINGS GUARANTEE ON INCOME START DATE
LIFETIME INCOME GUARANTEE ON INCOME START DATE
IF IT WERE POSSIBLE, WITHDRAW THE SAME INCOME BENEFIT OF COLUMN C FROM COLUMN A
5.60%
$36,769
$61,356
A
B
C
YEARS / AGE
$656,583 $693,352 $732,179 $773,181 $816,479 $862,202 $910,486 $961,473 $1,015,315 $1,072,173 $1,132,215 $1,195,619 $1,262,573 $1,333,277 $1,407,941 $1,486,786 $1,570,046 $1,657,968 $1,750,814 $1,848,860 $1,952,396 $2,061,730 $2,177,187 $2,299,110 $2,427,860 $2,563,820 $2,707,394 $2,859,008 $3,019,113 $3,188,183 $3,366,721 $3,555,257 $3,754,352 $3,964,596 $4,186,613
1 2 3 4 5 6 7 8 9
65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99
$595,227 $567,204 $537,611 $506,361 $473,362 $438,514 $401,715 $362,855 $321,818 $278,484 $232,723 $184,400 $133,370 $79,483 $22,578 -$37,514 -$100,970 -$167,981 -$238,744 -$313,469 -$392,380 -$475,709 -$563,705 -$656,628 -$754,755 -$858,377 -$967,803 -$1,083,356 -$1,205,379 -$1,334,237 -$1,470,310 -$1,614,003 -$1,765,743 -$1,925,981 -$2,095,192
$61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356 $61,356
10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35
5.60%
Forever Forever
Assumption # 1: You Earn The Rate of : Assumption # 2: ZERO penalties to withdraw:
$61,356 $36,769
To avoid penalties you could put your money under the mattress, but then you would run out by age:
76
$2,147,460
From an Account Earning Forever This column shows when you would run out of $$$
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