How a QLAC can create guaranteed, later-in-life income

Initial
investment

$130,000

Payout per
year

$0
Starting at age 80

Total lifetime
payout

$0
Based on a life expectancy of 95

Assume age 70 at time of purchase

About You:

Male
Female
Joint

What if I start income at age:

What if I live to age:

A contract with a cash refund feature refunds your lump-sum investment, minus any payments you have received, to your beneficiaries upon death.
75
80
85
90
95
100