Forecast Worksheet:

Michael
Gates
(48)

Roth IUL Plan Starting at

$300 per month

You can contribute up to

$800 per month

/

$9,600 per year

Based on Max Funding - Illustrated Rate

7%

Projected Accumulation

(@ 68):
$300,335

Lifetime Annual Income

(@ 68):
$27,504

Survivor Benefit - Paid to Beneficiaries Upon Death

(Survivor benefit can be accelerated if needed for critical illness)

Starting at

$119,611

-

Up to $336,243

Lifetime Forecast

Total contributions over

20 years:
$192,000

Annual tax-free income:

$27,504

Total tax-free revenue received over

27 years:
$742,608

Your survivor benefit at the age of

95

is:

$42,990

Summary

Money received from income stream:

$742,608

Survivor benefit paid to your beneficiaries:

+ $42,990

Total Received

= $785,598

Total Contributions

- $192,000

Lifetime Tax-Free Net Yield

$593,598

*All figures are projected and not guaranteed, are based on approval, a full illustration of benefits will be provided at that time.
*Applicant can stop contributions before/after projected age which will affect change amounts accordingly. Projections are based on max-funding.

Forecast Date:

September 21, 2023

TP:

3465.00

Prepared by