Calculate Your Income Needs
The intent of this calculator is to show how an Indexed Universal Life policy works. This is not an actual Indexed Universal Life illustration.
Here are a few notes and assumptions made in the report:
- Premium will be paid to age 65 except for current age 56 to 60, the premium will be paid for 10 years
- Income will start at age 66 except for current age 56 to 60, the income will start in policy year 11
- The Indexed Universal Life assumptions were designed as minimum increasing death benefit and switching to level death benefit when income begins
- The same after tax income is taken from each retirement vehicle until the account runs to $0
Note: past performance does not guarantee future results. The content from these calculations are not intended to provide legal, tax or accounting advice. Please consult your tax advisor for specific tax advice