IUL Destroys 401(k)
(Math Proves It!)
When Will The Account Run
Out Of Money?
401(k)
IUL - Never!
- @ 4% Fees: age 77
- @ 2% Fees: age 78
- @ 1% Fees: age 80
Never!!
Cumulative Taxes Paid When 401(k) Money Runs Out at age 77
401(k)
IUL
$xxx,xxx.xx
$xx,xxx.xx
Cumulative Fees When 401(k)
Money Runs Out at age 77
401(k) @ 4%
401(k) @ 2%
401(k) @ 1%
IUL
$xxx,xxx.xx
$xxx,xxx.xx
$xxx,xxx.xx
$xx,xxx.xx
(retiring at age 70)
Breakdown At Age 90
Money Saved
Out of Money
Taxes
Paid
Fees
Paid
Money Received
IUL
$204,000
Never!
$57,538
$152,322
$1,494,969
401(k)
$261,538
age 74
$81,694
$261,716
$289.645
Notes
- This illustrates a 35-year-old male saving $500 per month into and IUL, post-tax, and $642.03 per month into a 401(k) pre-tax.
- The 401(k) saved more because of deferred taxes.
- The 401(k) Taxes Paid amount is through age 74, when the account ran out of money.
- The 401(k) Fees Paid is through age 74 when the account ran out of money.
- The IUL Taxes Paid amount is through age 90.
- The IUL Fees Paid amount is through age 90
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