Power of control. - Personalized income plan scenarios
Below is a hypothetical example of two couples approaching retirement. They want to utilize the control and flexibility the Total Control rider offers to design an income plan that helps meet their needs.
Couple A and Couple B have both worked hard to save for retirement. Both couples like the idea of a personalized income plan that allows them to have control and flexibility in their retirement. NAC Control. X FIA with the Total Control rider offers that flexibility and allows them to control when they turn on their income streams.
Couple A has control over when they activate their guaranteed income streams. They choose to activate all of their potential income when they reach age 65 into one guaranteed income stream.
For definitions of the deferred income base and other rider features, see Key terms and definitions on pages 9-10. For details on “Activating a new lifetime payment income stream” see disclosure, accompanying quick reference guide and illustration for details. Couple B also has control over when they activate their guaranteed income streams. They activate a portion of their potential income at age 65 and 70 and then activate the remainder of their potential income at age 75; by waiting and allowing a portion of their deferred income base to continue to grow, Couple B has increased their income potential and generated a larger stream of guaranteed income.
Couple A
Couple B Comparison
Couple A - 1st LPA Stream
Couple B - 1st LPA Stream
Couple B - 2nd LPA Stream
Couple B - 3rd LPA Stream
Assumptions: Both couples are 65 at issue age, chose joint coverage, level LPAs, and the same index allocations. Alternative assumptions could produce different results.
Couple B
Activates 100% of available income at Age 65 Couple A
Couple B
Couple A
Couple A
Couple A
Couple B
Activates income at Age 65, 70, and 75
Couple B
Age 65
Age 70
Age 75
Hypothetical examples are for illustrative and educational purposes only and not intended to predict future performance.
35949Z-1
7
PRT 2-24
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