Case Studies
Creating Future Income Security Through a Strategic FIA Consolidation
In March of this year, Scott S. transferred two IRAs totaling $156,000 into a Fixed Indexed Annuity (FIA) IRA. At 63 years old, his goal was to create a structured plan that would support steady growth and provide a predictable income during retirement at 73. With a built-in bonus and no withdrawals planned, his IRA income account is projected to reach $374,400 at retirement.
This strategy allowed Scott to consolidate multiple accounts into one plan that balances protection and growth. By using a Fixed Indexed Annuity, he secured his principal while maintaining the opportunity to benefit from index-linked performance, creating a more stable and efficient retirement structure.
Another key factor was the focus on long-term accumulation. By committing to leave funds untouched during the accumulation period, Scott maximized the compounding effect and allowed both the bonus and indexed growth to work toward achieving his retirement income goals.
This structured approach provided Scott with a clear path forward, giving him confidence in his retirement plan and peace of mind knowing his projected income account could grow to $374,400 by age 73.
Key Planning Strategies Applied to Maximize Retirement Growth
The success of Scott’s plan comes from applying structured and thoughtful planning techniques:
- Consolidated two IRAs into one Fixed Indexed Annuity for easier management and stronger growth potential.
- Balanced principal protection with the opportunity for index-based performance gains.
- Leveraged a built-in bonus to accelerate projected account value over time.
- Designed a 10-year growth strategy focused on long-term income stability.
- Ensured compliance with rollover guidelines while maintaining contribution flexibility.
Results and Insights From a Structured Annuity-Based Plan
Scott’s case highlights how strategic planning and consolidation can improve retirement readiness:
- Projected income account growth to $374,400 by age 73.
- Principal protection ensures savings remain secure while benefiting from indexed growth opportunities.
- Clear retirement projections reduce uncertainty and support confident planning.
- No withdrawals during the accumulation phase maximize compounding advantages.
- A streamlined account structure simplifies ongoing retirement planning.