Case Studies
Building Retirement Growth Through a Flexible FIA Transfer
In February of this year, Robert J. transferred $66,400 from his IRA into a Flexible Premium (FPDA) Fixed Indexed Annuity (FIA) IRA. At 60 years old, Robert aimed to retire at 73 and wanted a plan designed for long-term savings and steady accumulation. By making maximum annual IRA contributions and taking no withdrawals during the accumulation period, his IRA income account is projected to reach $366,000 by retirement.
This approach allowed Robert to combine growth potential with principal protection, ensuring his savings were secure while benefiting from index-based performance. By using a Flexible Premium FIA, he created a strategy where ongoing contributions and a built-in bonus work together to strengthen his retirement outlook.
Key Planning Strategies Applied for Long-Term Security
- Transferred $66,400 into a Flexible Premium FIA to allow ongoing contributions.
- Added maximum IRA contributions annually to accelerate retirement growth.
- Balanced principal protection with index-linked performance for steady returns.
- Used a built-in bonus to enhance projected account value over time.
- Focused on a 13-year plan aimed at creating predictable retirement income.
Results and Insights
- Projected income account value of $366,000 by retirement age 73.
- Combining contributions with FIA performance strengthened growth potential.
- Principal remained protected against market downturns.
- Maximized compounding benefits by avoiding withdrawals during accumulation.
- Clear projections provide confidence in meeting retirement objectives.