🌟 Why Consider This Annuity at Age 48?
- Immediate Growth with Bonus
- $300,000 purchase gets an instant 30% bonus → benefit base starts at $390,000
- Guaranteed Daily Growth
- The Minimum Income Benefit Value (MIBV) grows 9.5% compounded every year for 12 years, regardless of market ups and downs
- At age 60, that base is guaranteed to reach $1,158,867.
- Lifetime Income Protection
- At age 60, the guaranteed income is about $47,514 annually for life (even if account value is depleted)
- If deferred longer (e.g., age 64–70), annual income can grow significantly higher, potentially over $60,000–$70,000/year
- Upside Market Potential
- While principal is protected, the contract allows for growth tied to well-diversified indices (Goldman Sachs, J.P. Morgan, Loomis, SG Macro, Zebra Edge).
- Over the last 12 years, the average hypothetical growth rate was 10.44%
- Tax-Deferred Growth
- Earnings grow tax-deferred until withdrawal.
- Helps maximize compounding over time.
- Legacy Protection
- Death benefit ensures that beneficiaries receive at least the contract value or income benefit base (depending on circumstances).
- Access to Funds
- Up to 7% free withdrawals annually after year 1, and 10% in year 12+, without penalties
✅ Key Benefits for Clients
- Protects your retirement money from market crashes.
- Provides guaranteed income for life—you can never outlive it.
- Builds a predictable retirement paycheck starting as early as age 50.
- Leaves a legacy for your family through death benefits.
👉 In short:
This annuity is like “building your own pension”—with both guaranteed growth and the chance for market upside, while protecting your principal.
It shows how a $300,000 annuity at age 48 grows the benefit base to over $1.1M by age 60, producing $47k+ annual lifetime income.