HARBOR POINT FINANCIAL
IUL Retirement Income Projection
Estimated level annual policy-loan distribution, ages 65β90
25 years of distribution
Maximum income, policy stays in force
Assumes premiums stop at the start age and the client takes distributions for income. The calculator solves for the largest level annual income that draws the cash value down to a small safety floor by the end age β maximizing retirement income without fully depleting the policy. The death benefit declines gradually alongside the cash value as income is taken, but stays at or above the remaining cash value, so it never collapses to zero while the policy is in force.
Approximate. Real cost of insurance rises each year with age β enter a blended average, or the figure your illustration implies. This is what makes the projection more conservative than a no-cost model.
ENTER ACCUMULATED VALUE AT AGE 65 (from your carrier illustration)
Account balance through distribution
Cash value
Death benefit
Age 65Age 90
Year-by-year schedule
| Age | Beginning value | Charges | Credited growth | Income taken | Ending value | Death benefit |
|---|