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Insured Annuity Table - Female
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Table of Insured Annuity Returns - Female |
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Amount of Capital: |
$ 250,000.00 |
5-Year GIC - Annual Income Analysis |
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Marginal Tax Rate: |
43.41% |
Capital Invested in GIC: |
$ 250,000.00 |
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5-Year GIC Rate*: |
3.85% |
Gross Annual Interest Income: |
$ 9,625.00 |
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Tax Payable: |
$ 4,178.21 |
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After Tax Income of GIC |
$ 5,446.79 |
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The Insured Life Annuity
acts the same way as a long term interest vehicle such as a GIC -
you receive monthly or annual income and upon death, the capital is
passed to your heirs.. The difference is that you will relinquish
the use of the capital for life in exchange for a substantially
higher after tax lifetime income - much the same as you would with a
pension. To preserve capital in the estate, a life insurance policy
is purchased to replace the capital upon death. By doing so, this
strategy (assuming you are insurable) will still be at a substantial
advantage over a GIC. |
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Female - Age |
Gross Annual Annuity Income (as per age)* |
Taxable Portion of Annuity |
Annual Tax Payable |
UL-Term 100 or Term-100 Life Insurance Premium* |
After Tax Income of Insured Annuity |
Annual $$ Advantage over GIC |
Before Tax Equivalent Return |
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55 |
$ 14,645.52 |
$ 5,904.26 |
$ 2,563.04 |
$ 3,091.80 |
$ 8,990.68 |
$ 3,543.89 |
6.35% |
|
56 |
$ 14,886.84 |
$ 5,861.57 |
$ 2,544.51 |
$ 3,288.24 |
$ 9,054.09 |
$ 3,607.30 |
6.40% |
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57 |
$ 15,147.00 |
$ 5,818.64 |
$ 2,525.87 |
$ 3,497.52 |
$ 9,123.61 |
$ 3,676.82 |
6.45% |
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58 |
$ 15,427.92 |
$ 5,812.54 |
$ 2,523.22 |
$ 3,719.40 |
$ 9,185.30 |
$ 3,738.51 |
6.49% |
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59 |
$ 15,731.28 |
$ 5,771.12 |
$ 2,505.24 |
$ 3,974.40 |
$ 9,251.64 |
$ 3,804.85 |
6.54% |
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60 |
$ 16,059.00 |
$ 5,728.42 |
$ 2,486.71 |
$ 4,316.28 |
$ 9,256.01 |
$ 3,809.23 |
6.54% |
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61 |
$ 16,413.36 |
$ 5,729.60 |
$ 2,487.22 |
$ 4,625.04 |
$ 9,301.10 |
$ 3,854.31 |
6.57% |
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62 |
$ 16,796.88 |
$ 5,734.93 |
$ 2,489.53 |
$ 4,989.84 |
$ 9,317.51 |
$ 3,870.72 |
6.59% |
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63 |
$ 17,212.08 |
$ 5,691.34 |
$ 2,470.61 |
$ 5,130.96 |
$ 9,610.51 |
$ 4,163.72 |
6.79% |
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64 |
$ 17,661.96 |
$ 5,700.24 |
$ 2,474.47 |
$ 5,487.36 |
$ 9,700.13 |
$ 4,253.34 |
6.86% |
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65 |
$ 18,149.64 |
$ 5,711.83 |
$ 2,479.51 |
$ 5,878.80 |
$ 9,791.33 |
$ 4,344.55 |
6.92% |
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66 |
$ 18,633.00 |
$ 5,679.63 |
$ 2,465.53 |
$ 6,308.16 |
$ 9,859.31 |
$ 4,412.53 |
6.97% |
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67 |
$ 19,151.88 |
$ 5,638.37 |
$ 2,447.62 |
$ 6,780.60 |
$ 9,923.66 |
$ 4,476.88 |
7.01% |
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68 |
$ 19,708.80 |
$ 5,584.51 |
$ 2,424.24 |
$ 7,301.76 |
$ 9,982.80 |
$ 4,536.02 |
7.06% |
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69 |
$ 20,306.04 |
$ 5,513.14 |
$ 2,393.25 |
$ 7,874.16 |
$ 10,038.63 |
$ 4,591.84 |
7.10% |
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70 |
$ 20,946.00 |
$ 5,418.05 |
$ 2,351.98 |
$ 8,500.56 |
$ 10,093.46 |
$ 4,646.68 |
7.13% |
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71 |
$ 21,630.72 |
$ 5,290.85 |
$ 2,296.76 |
$ 9,275.52 |
$ 10,058.44 |
$ 4,611.65 |
7.11% |
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72 |
$ 22,362.24 |
$ 5,120.86 |
$ 2,222.97 |
$ 9,979.56 |
$ 10,159.71 |
$ 4,712.93 |
7.18% |
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73 |
$ 23,142.12 |
$ 5,026.18 |
$ 2,181.86 |
$ 10,714.32 |
$ 10,245.94 |
$ 4,799.15 |
7.24% |
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74 |
$ 23,971.08 |
$ 4,887.11 |
$ 2,121.49 |
$ 11,202.00 |
$ 10,647.59 |
$ 5,200.80 |
7.53% |
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75 |
$ 24,849.60 |
$ 4,688.31 |
$ 2,035.20 |
$ 11,982.00 |
$ 10,832.40 |
$ 5,385.62 |
7.66% |
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76 |
$ 24,786.48 |
$ 3,953.15 |
$ 1,716.06 |
$ 12,852.00 |
$ 10,218.42 |
$ 4,771.63 |
7.22% |
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77 |
$ 25,590.84 |
$ 3,661.02 |
$ 1,589.25 |
$ 13,722.00 |
$ 10,279.59 |
$ 4,832.80 |
7.27% |
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78 |
$ 26,890.08 |
$ 2,654.39 |
$ 1,152.27 |
$ 14,742.00 |
$ 10,995.81 |
$ 5,549.02 |
7.77% |
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79 |
$ 28,107.00 |
$ 2,292.01 |
$ 994.96 |
$ 15,942.00 |
$ 11,170.04 |
$ 5,723.25 |
7.90% |
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80 |
$ 29,414.64 |
$ 1,871.58 |
$ 812.45 |
$ 17,188.80 |
$ 11,413.39 |
$ 5,966.60 |
8.07% |
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81 |
$ 30,813.24 |
$ 1,380.31 |
$ 599.19 |
$ 19,092.00 |
$ 11,122.05 |
$ 5,675.26 |
7.86% |
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82 |
$ 32,300.28 |
$ 801.99 |
$ 348.14 |
$ 20,952.00 |
$ 11,000.14 |
$ 5,553.35 |
7.78% |
|
83 |
$ 33,863.04 |
$ - |
$ - |
$ 23,052.00 |
$ 10,811.04 |
$ 5,364.25 |
7.64% |
|
84 |
$ 35,663.64 |
$ - |
$ - |
$ 25,362.00 |
$ 10,301.64 |
$ 4,854.85 |
7.28% |
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85 |
$ 37,604.28 |
$ - |
$ - |
$ 27,912.00 |
$ 9,692.28 |
$ 4,245.49 |
6.85% |
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The Insured Life
Annuity is suited for those who would
like to increase their after-tax income and guaranteed it for life
and are concerned with preserving capital in their estate. The
person must be in good health in order to acquire life insurance and
sub-standard life insurance rates may have adverse effects on the
after tax income. Be sure to review your options with your
professional advisors before entering into
The Insured Life
Annuity. |
* Quotes are as of July 4, 2005 and are subject
to change without notice. Life annuity with 1 year guarantee payment
period.
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