Important disclosure: This report is for illustration and informational purposes only. In order to make a mathematical comparison between the lump sum and the various annuity options, unless stated otherwise, the illustrations and calculations are based on the unlikely assumption that a retiree who elects the lump sum will make withdrawals at the same monthly dollar amount as the annuity option to which it is being compared. All results are based on pension benefit option data provided by the employer and entered by the employee/client. Estimates of the rate of return of an invested lump sum may be more or less than the actual returns. Actual future investment returns are unknown. Do not rely on this report to predict future investment performance. The sequence of returns is not considered in this analysis. Dates of birth, dates of death, and life expectancies are provided by the employee/client. This information has been used to illustrate hypothetical life expectancies for the employee and joint annuitant when applicable. This hypothetical information may provide a result that is different from actual mortality, unknown at the time of this analysis. If actual information had been known, the results would have made the various options higher or lower than calculated. The optimal strategy for a specific employee/client/joint annuitant depends on their investment experience, risk tolerance, other assets, financial discipline, family dynamics, and variables unknown at the time of this analysis. As such, it is ultimately the responsibility of the employee/client to carefully consider the options based on the best information available at the time of the benefit election. The software used for this analysis was developed by Roger N. Walker, an independent financial advisor. Roger N. Walker, Radian Partners, LLC, Csenge Advisory Group, and FSC Securities Corporation cumulatively and/or independently shall have neither liability or responsibility to any person or entity with respect to any loss or damage caused, or alleged to be caused, directly or indirectly, by information contained in this report.
FSC Securities Corporation, Radian Partners, Csenge Advisory Group and Roger Walker are not affiliated, endorsed nor employed by the companies listed here which includes but is not limited to Pension Benefit Guarantee Corporation (PBGC). Calculators made available as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes and are hypothetical examples of the various approaches that can be taken to assist clients with their retirement planning needs. The results depicted in this communication are unique to the hypothetical cases presented and should not be construed as a guarantee of future results. Annuity guarantees, including guarantees associated with benefit riders, are subject to the claims-paying ability of the Insurance Company when applicable.
Data appearing in this example is for guidance, is hypothetical and not real client data.