IRA / 401(k) $ 200,000 Age 70 Criteria: Safety 1 14 27 40 53 - PowerPoint PPT Presentation

IRA / 401(k) $ 200,000 Age 70 Criteria: Safety

1 14 27 40 53 2 15 28 41 54 3 16 29 42 55 4 17 30 43 56 5 18 31 44 57 6 19 32 45 58 7 20 33 46 59 8 21 34 47 150 9 22 35 48 annuity providers offering 10 23 36 49 any or all of the 4 11 24 37 50 types of safe 12 25 38 51 annuities. 13 26 39 52

Sort by income guarantee because your RMD’s are starting in 24 months

Nations top insurers for $200K for 70 year old male.. sorted by income guarantee starting in 24 months

First Quote

$ 1,212 / month / start in 24 months / from (A) National Western

COMPOUND INFLATION INDEX $200,000 0% ON ANNUAL PAYMENTS: TOTAL FUNDS YEAR AGE Monthly Annual RECEIVED 1 70 $0 $0 $0 2 71 $0 $0 $0 3 72 $0 $0 $0 4 73 $1,212 $14,544 $14,544 5 74 $1,212 $14,544 $29,088 6 75 $1,212 $14,544 $43,632 7 76 $1,212 $14,544 $58,176 8 77 $1,212 $14,544 $72,720 9 78 $1,212 $14,544 $87,264 10 79 $1,212 $14,544 $101,808 11 80 $1,212 $14,544 $116,352 12 81 $1,212 $14,544 $130,896 13 82 $1,212 $14,544 $145,440 14 83 $1,212 $14,544 $159,984 15 84 $1,212 $14,544 $174,528 16 85 $1,212 $14,544 $189,072 17 86 $1,212 $14,544 $203,616 18 87 $1,212 $14,544 $218,160 19 88 $1,212 $14,544 $232,704 20 89 $1,212 $14,544 $247,248 21 90 $1,212 $14,544 $261,792 22 91 $1,212 $14,544 $276,336 23 92 $1,212 $14,544 $290,880 24 93 $1,212 $14,544 $305,424 25 94 $1,212 $14,544 $319,968 26 95 $1,212 $14,544 $334,512 27 96 $1,212 $14,544 $349,056 28 97 $1,212 $14,544 $363,600 29 98 $1,212 $14,544 $378,144 30 99 $1,212 $14,544 $392,688 31 100 $1,989 $23,868 $416,556 32 101 $1,989 $23,868 $440,424

Second Quote IF , a death benefit for heirs is not important, I can increase the guarantee

Single Premium Immediate Annuity Second Quote

COMPOUND INFLATION INDEX $200,000 0% ON ANNUAL PAYMENTS: TOTAL FUNDS YEAR AGE Monthly Annual RECEIVED 1 70 $0 $0 $0 2 71 $0 $0 $0 3 72 $0 $0 $0 4 73 $1,333 $15,996 $15,996 5 74 $1,333 $15,996 $31,992 6 75 $1,333 $15,996 $47,988 7 76 $1,333 $15,996 $63,984 8 77 $1,333 $15,996 $79,980 9 78 $1,333 $15,996 $95,976 10 79 $1,333 $15,996 $111,972 11 80 $1,333 $15,996 $127,968 12 81 $1,333 $15,996 $143,964 13 82 $1,333 $15,996 $159,960 14 83 $1,333 $15,996 $175,956 15 84 $1,333 $15,996 $191,952 16 85 $1,333 $15,996 $207,948 17 86 $1,333 $15,996 $223,944 18 87 $1,333 $15,996 $239,940 19 88 $1,333 $15,996 $255,936 20 89 $1,333 $15,996 $271,932 21 90 $1,333 $15,996 $287,928 22 91 $1,333 $15,996 $303,924 23 92 $1,333 $15,996 $319,920 24 93 $1,333 $15,996 $335,916 25 94 $1,333 $15,996 $351,912 26 95 $1,333 $15,996 $367,908 27 96 $1,333 $15,996 $383,904 28 97 $1,333 $15,996 $399,900 29 98 $1,333 $15,996 $415,896 30 99 $1,333 $15,996 $431,892 31 100 $1,333 $15,996 $447,888 32 101 $1,333 $15,996 $463,884

Third Quote Period Certain for 13 Years $ 1,488 / month $ 17,856 / year

BUT IF… your criteria is NOT INCOME, then it opens up a floodgate of other annuities

Fourth Quote

Extra benefit rider (.60%)

5’th Quote (very popular right now) 3.20% each year for 5 YEARS (think 5 year CD)