Life Insurance and College Savings Plan
This interactive Presentation is provided for your convenience by Advanced Income Strategies, LLC.
Ayan Patel
Life Insurance Funding for College Tuition, Mortgage Redemption and Retirement Income Supplement
A Comparison of Approaches
Gary H. Scholnick, CLU ChFC Advanced Income Strategies, LLC 6632 Telegraph Road, Suite 372 Bloomfield Hills, MI 48301
o 248-723-1020 | f 248-723-1022
Master Ayan Patel
College Tuition Savings Plan
Guardian Life
Under & Post Graduate Tuition for Kids College Bound
Tuition / Inflation
Tuition Funding Target
Policy
Att Age
Ayan
Year
0.00%
0
100%
400,000
1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9
1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000
0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0
10
10
14 15 16 17 18 19 20 25 26 39 40 41 64 65 35
14 15 16 17 18 19 20 25 26 39 40 41 64 65 35
50,000 50,000 50,000
50,000 50,000 50,000
50,000
50,000
0
0
70
70
75
75
80
80
85 86 87 88 89 90
85 86 87 88 89 90
95
95
______________________ Education Projections reflect Estimates Only Current Annual Under Graduate Tuition Current Annual Post Graduate Tuition
Tuition 50,000 50,000
Initial Year
18 22
Master Ayan Patel
Minimum Premium
$3M Whole Life / Base
Guardian Life
Required Guaranteed
Projected
Projected
Total Cash Value
Minimum
Total Cash Value
Net
Policy
Att Age
Annual
Death Benefit
Year
Premium
1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9
14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710
0 0 0 0
0
3,000,000 3,003,810 3,057,947 3,110,526 3,161,061 3,210,993 3,260,689 3,310,677 3,370,105 3,438,637 3,793,442 3,900,313 3,882,122 3,867,351 3,855,218 3,845,278 3,837,215 3,821,867 3,823,353 3,972,584 3,994,171 4,017,309 5,075,872 5,150,765 3,901,767
3,810 7,787 11,894 16,428 32,055 48,437 66,434 86,102 107,593 211,554 242,070 258,321 275,035 292,413 310,560 329,592 423,618 445,265
180
11,160 22,620 34,530 46,860 59,730 114,840 129,300 143,970 158,880 174,180 189,990 206,400 282,360 299,250
10
10
14 15 16 17 18 19 20 25 26 39 40 41 64 65 35
14 15 16 17 18 19 20 25 26 39 40 41 64 65 35
485,010
697,389
589,320 617,550 646,590
849,909 892,601 937,184
1,537,650 1,582,860
2,699,477 2,816,359
70
70
14,710
1,814,550
3,469,244
5,569,562
75
75
14,710
2,048,280
4,243,114
6,070,271
80
80
14,710
2,269,410
5,142,702
6,675,649
85 86 87 88 89 90
85 86 87 88 89 90
14,710 14,710 14,710 14,710 14,710 14,710
2,458,920 2,492,280 2,523,750 2,553,330 2,581,170 2,607,450
6,161,654 6,378,503 6,597,428 6,817,794 7,040,385 7,264,299
7,414,829 7,579,307 7,747,835 7,919,807 8,095,871 8,274,942
95
95
14,710
2,745,060
8,436,641
9,165,785
______________________ Policy Values Reflect Dividend Additions from Guardian Life's 2019 Dividend Scale Carrier Dividends are Never Guaranteed See Attached Home Office Illustration of All Policy Costs, Features and Benefits
Master Ayan Patel
Aggregate Premium
$3M Whole Life / Excess Funding
Guardian Life
Voluntary Additional
Projected Guaranteed
Projected
Projecetd
Additional
Net
Total Cash Value
Net
Policy
Att Age
Annual
Annual Income
Cash Value
Death Benefit
Year
Premium
Guar Liquidity / Annl Avg
98.8%
1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9
19,582 19,582 19,582 19,582 19,582 19,582 19,582 19,582 19,582 19,582 19,582 19,582
0 0 0 0 0 0 0 0 0 0 0 0 0 0
19,136 19,551 20,028 20,507 20,964 21,428 21,898 22,391 22,886 23,407 25,007 25,174
19,136 42,936 67,849 93,873 121,327 160,957 202,468 246,809 294,097 344,571 578,470 644,955 679,505 715,117 700,423 685,120 669,282 564,800 593,130
3,283,792 3,560,141 3,879,756 4,190,536 4,492,099 4,786,327 5,074,233 5,356,552 5,642,941 5,933,399 7,133,778 7,443,562 7,460,125 7,484,972 7,095,285 6,724,052 6,363,871 4,709,398 4,727,246 5,054,313 4,491,855 4,525,275 5,630,084 5,598,951 4,923,173
10
10
14 15 16 17 18 19 20 25 26 39 40 41 64 65 35
14 15 16 17 18 19 20 25 26 39 40 41 64 65 35
0 0 0 0 0 0 0 0 0 0 0 0 0
‐50,000 ‐50,000 ‐50,000
‐50,000
0
0
924,459
0
1,126,042 920,466 965,969 2,748,024 2,760,284
‐250,000
0
0
‐100,000
70
70
0
‐100,000
2,803,274
5,341,279
75
75
0
‐100,000
2,791,140
4,972,228
80
80
0
‐100,000
2,656,821
4,451,575
85 86 87 88 89 90
85 86 87 88 89 90
0 0 0 0 0 0
‐100,000 ‐100,000 ‐100,000 ‐100,000
2,309,383 2,204,901 2,084,334 1,946,125 1,895,285 1,830,870
3,733,779 3,560,008 3,372,721 3,170,404 3,057,929 2,934,144
0 0
95
95
0
0
1,318,666
2,076,282
______________________ Policy Values Reflect Dividend Additions from Guardian Life's 2019 Dividend Scale Carrier Dividends are Never Guaranteed See Attached Home Office Illustration of All Policy Costs, Features and Benefits
Master Ayan Patel
Aggregate Premium
$3M Whole Life PLUS Excess Funding
Guardian Life
Required
Voluntary
Projected Guaranteed
Projected
Projecetd
Additional
Minimum Additional
Net
Total Cash Value
Net
Policy
Att Age
Annual
Annual
Annual Income
Cash Value
Death Benefit
Year
Premium Premium
220,650
293,730
‐3,050,000
1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9
14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710
19,582 19,582 19,582 19,582 19,582 19,582 19,582 19,582 19,582 19,582 19,582 19,582
0 0 0 0 0 0 0 0 0 0 0 0 0 0
19,136 19,551 20,028 20,507 20,964 21,428 21,898 22,391 22,886 23,407 25,007 25,174
19,136 42,936 67,849 93,873 121,327 160,957 202,468 246,809 294,097 344,571 578,470 644,955 679,505 715,117 700,423 685,120 669,282 564,800 593,130
3,283,792 3,560,141 3,879,756 4,190,536 4,492,099 4,786,327 5,074,233 5,356,552 5,642,941 5,933,399 7,133,778 7,443,562 7,460,125 7,484,972 7,095,285 6,724,052 6,363,871 4,709,398 4,727,246 5,054,313 4,491,855 4,525,275 5,630,084 5,598,951 4,923,173
10
10
14 15 16 17 18 19 20 25 26 39 40 41 64 65 35
14 15 16 17 18 19 20 25 26 39 40 41 64 65 35
0 0 0 0 0 0 0 0 0 0 0 0 0
‐50,000 ‐50,000 ‐50,000
‐50,000
0
0
924,459
0
1,126,042 920,466 965,969 2,748,024 2,760,284
‐250,000
0
0
‐100,000
70
70
0
‐100,000
2,803,274
5,341,279
75
75
0
‐100,000
2,791,140
4,972,228
80
80
0
‐100,000
2,656,821
4,451,575
85 86 87 88 89 90
85 86 87 88 89 90
0 0 0 0 0 0
‐100,000 ‐100,000 ‐100,000 ‐100,000
2,309,383 2,204,901 2,084,334 1,946,125 1,895,285 1,830,870
3,733,779 3,560,008 3,372,721 3,170,404 3,057,929 2,934,144
0 0
95
95
0
0
1,318,666
2,076,282
______________________ Policy Values Reflect Dividend Additions from Guardian Life's 2019 Dividend Scale Carrier Dividends are Never Guaranteed See Attached Home Office Illustration of All Policy Costs, Features and Benefits
Master Ayan Patel
Invest Inc Tax Rate 35% Guardian 2019 Divs 5.85%
Effective Rates of Return on All Cash Flows
Guardian Life
To Age 40
To Age 65
Reqrd Min
Reqrd Min
Vol Add'l
Annual Total Ann'l Premium Premium Premium Premium Premium Simple Plan Smart Plan Smart Plan Smart Plan Smart Plan 6.92% 4.91% 8.55% 12.36% 8.32% Annual Annual Total Ann'l
Policy
Att Age
Year
Equiv Gross >
Net Yield >
4.50%
3.19%
5.56%
8.03%
5.41%
14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710
14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710 14,710
19,582 19,582 19,582 19,582 19,582 19,582 19,582 19,582 19,582 19,582 19,582 19,582
34,292 34,292 34,292 34,292 34,292 34,292 34,292 34,292 34,292 34,292 34,292 34,292
34,292 34,292 34,292 34,292 34,292 34,292 34,292 34,292 34,292 34,292 34,292 34,292
1 2 3 4 5 6 7 8 9
1 2 3 4 5 6 7 8 9
10
10
14 15 16 17 18 19 20 25 26 39 40 41 64 65 35
14 15 16 17 18 19 20 25 26 39 40 41 64 65 35
0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0
0 0
0 0
0 0
‐50,000 ‐50,000 ‐50,000
‐50,000 ‐50,000 ‐50,000
‐50,000 ‐50,000 ‐50,000
‐50,000
‐50,000
‐50,000
0
0
0
0
0
0
0
0
0
‐250,000
‐4,741,855
‐250,000
0
0
0
0
‐100,000
‐5,698,951
0
0
‐100,000
70
70
0
0
‐100,000
75
75
0
0
‐100,000
80
80
0 0 0 0 0
0 0 0 0 0
‐100,000 ‐100,000 ‐100,000 ‐100,000
85 86 87 88 89 90
85 86 87 88 89 90
‐8,274,942
‐2,934,144
95
95
______________________ Policy Values Reflect Dividend Additions from Guardian Life's 2019 Dividend Scale Carrier Dividends are Never Guaranteed See Attached Home Office Illustration of All Policy Costs, Features and Benefits
Presented by Advanced Income Strategies, LLC
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