Pension Maximizer - Universal Life Insurance Plan

Starting Age: 30 | Annual Deposit: $19,000 | GIC Rate: 6.000% | Bank Loan Rate: 7.000%

Paul Barbour & Associates - Health and Wealth Management

Phase 1: Accumulation

YearAgeAnnual DepositAfter-Tax Estate ValueAccount ValueCancellation ValueAfter-Tax Account Estate Value
131$19,000$1,013,787$18,323$15,131$19,616
232$19,000$1,033,209$37,745$31,361$39,867
333$19,000$1,053,796$58,332$48,756$60,774
434$19,000$1,075,609$80,145$67,377$82,359
535$19,000$1,099,984$104,520$91,752$104,643
636$19,000$1,163,181$130,673$117,905$127,649
737$19,000$1,256,726$158,626$149,050$151,400
838$19,000$1,347,895$188,555$182,171$175,921
939$19,000$1,429,680$220,569$217,377$201,237
1040$19,000$1,508,226$254,800$254,800$227,372
1141$19,000$1,568,127$291,411$291,411$254,355
1242$19,000$1,630,652$330,579$330,579$282,211
1343$19,000$1,695,599$372,391$372,391$310,971
1444$19,000$1,763,065$416,993$416,993$340,662
1545$19,000$1,833,045$464,512$464,512$371,315
1646$19,000$1,905,505$515,066$515,066$402,961
1747$19,000$1,980,637$568,835$568,835$435,632
1848$19,000$2,058,393$625,941$625,941$469,363
1949$19,000$2,139,257$686,672$686,672$504,186
2050$19,000$2,223,244$751,190$751,190$540,137
2151$19,000$2,344,075$819,911$819,911$577,253
2252$19,000$2,466,574$892,974$892,974$615,571
2353$19,000$2,591,045$970,709$970,709$655,131
2454$19,000$2,717,514$1,053,308$1,053,308$695,973
2555$19,000$2,846,381$1,141,228$1,141,228$738,138
2656$19,000$2,977,847$1,234,705$1,234,705$781,670
2757$19,000$3,111,985$1,334,077$1,334,077$826,611
2858$19,000$3,249,025$1,439,708$1,439,708$873,009
2959$19,000$3,389,376$1,552,029$1,552,029$920,910
3060$19,000$3,532,743$1,671,200$1,671,200$970,363
3161$19,000$3,679,066$1,797,444$1,797,444$1,021,419
3262$19,000$3,827,780$1,930,732$1,930,732$1,074,128
3363$19,000$3,978,993$2,071,424$2,071,424$1,128,546
3464$19,000$4,132,354$2,219,487$2,219,487$1,184,726
3565$19,000$4,288,050$2,375,280$2,375,280$1,242,727
3666-$4,411,315$2,519,214$2,519,214$1,282,991
3767-$4,537,312$2,670,299$2,670,299$1,324,560
3868-$4,666,178$2,828,871$2,828,871$1,367,476
3969-$4,800,039$2,996,520$2,996,520$1,411,782
4070-$4,937,654$3,172,789$3,172,789$1,457,524
4171-$5,080,123$3,358,774$3,358,774$1,504,748
4272-$5,227,394$3,554,889$3,554,889$1,553,502

Phase 2: Retirement Income

YearAgeRetirement Income After-TaxAfter-Tax Estate ValueAccum. Bank LoanCancellation AccountRetirement Income (Alt)After-Tax Estate (Alt)
4373$263,223$5,380,678$263,223$3,762,493$263,223$1,340,612
4474$263,223$5,540,231$544,872$3,982,429$263,223$1,120,825
4575$263,223$5,706,116$846,236$4,215,679$263,223$893,917
4676$263,223$5,878,304$1,168,695$4,463,161$263,223$659,656
4777$263,223$6,056,847$1,513,727$4,726,218$263,223$417,806
4878$263,223$6,242,134$1,882,911$5,006,691$263,223$168,120
4979$263,223$6,435,392$2,277,937$5,307,589$173,567-
5080$263,223$6,636,083$2,700,616$5,631,181--
5181$263,223$6,843,949$3,152,882$5,980,584--
5282$263,223$7,058,658$3,636,807$6,359,781--
5383$263,223$7,279,509$4,154,606$6,773,947--
5484$263,223$7,505,159$4,708,652$7,229,194--
5585$263,223$7,733,307$5,301,480$7,733,307--
5686$263,223$8,296,954$5,935,807$8,296,954--
5787$263,223$8,901,693$6,614,537$8,901,693--
5888$263,223$9,550,519$7,340,777$9,550,519--
5989$263,223$10,246,646$8,117,855$10,246,646--
6090$263,223$10,993,523$8,949,327$10,993,523--
6191$263,223$11,794,849$9,839,003$11,794,849--
6292$263,223$12,654,593$10,790,956$12,654,593--
6393$263,223$13,577,016$11,809,546$13,577,016--
6494$263,223$14,566,685$12,899,438$14,566,685--
6595$263,223$15,628,504$14,065,621$15,628,504--
6696-$16,767,732$15,050,215$16,767,732--
6797-$17,990,013$16,103,730$17,990,013--
6898-$19,301,401$17,230,991$19,301,401--
6999-$20,708,393$18,437,160$20,708,393--
70100-$22,217,959$19,727,762$22,217,959--