Bill Nam Nguyen
Retirement Income Strategy
A personalized 6-step plan to turn your $300,000 annuity into a lifetime of tax-efficient retirement income — starting at age 65.
The Plan at a Glance
1
American Equity AssetShield 9 — Start with $300,000
2
North American Builder Plus 4 IUL — Fund life insurance
3
72(t) Distribution — Pull ~$21,000/yr from annuity, penalty-free
4
Fund the IUL — 72(t) money + $9k out of pocket (Yr 2+)
5
Accumulation Phase — Grow from Age 55 → 65
6
Retirement Income — Draw from both at Age 65
1
Starting Point · Annuity
American Equity AssetShield 9
$300,000
Starting Value
A.M. Best RatingA (Excellent)
Years in Business31 Years
Assets Under Management$65 Billion
Index Options7
Current S&P 500 Cap9.25%
1
Annuity Growth Projections
American Equity — Value at 65
Starting Value$300,000
Value at Age 65 (without 72(t))$665,000
Starting Value$300,000
Value at Age 65 (with 72(t))$363,000
The 72(t) distributions reduce the annuity balance, but those dollars fund the IUL that grows separately and pays tax-free income.
2
Life Insurance · IUL
North American Builder Plus 4 IUL
A.M. Best RatingA+ (Superior)
Years in Business140 Years
AUM$46B · $127B (Parent)
Current S&P 500 Cap10.50%
Living BenefitsYES ✓
1st Year Premium$23,000 / yr
Max Premium (Year 2+)$30,000 / yr
3
Accessing the Annuity Early
72(t) Distribution
~$21,000
per year · penalty-free
IRS Rule 72(t) allows penalty-free early withdrawals through Substantially Equal Periodic Payments (SEPPs). This unlocks the annuity without triggering the 10% early withdrawal penalty.
4
Funding the IUL Premium
How the IUL Gets Funded
Year 1
Out-of-Pocket (Total)$23,000
1st Year Premium$23,000
Year 2 → Age 65
From 72(t) Withdrawals~$21,000
Out-of-Pocket$9,000
Annual Premium (Yr 2+)$30,000 / yr
5
The Growth Phase
Accumulation: Age 55 → 65
Age 55
→
10 Years
→
Age 65
IUL Account Value at 65$323,000
Annuity Value at 65 (with 72(t))$363,000
Combined Value at 65$686,000
6
The Payoff · Retirement Income at 65
Income from Both Sources
IUL Projected Income / yr$32,040
IUL Tax TreatmentTax-Free ✓
Death Benefit (Coverage)$597,952
Total IUL Income (A65–A85)$672,840
Remaining Death Benefit at 85$167,811
Total IUL Value (Income + DB)$840,651
✓
Strategy Complete
Bill Nam Nguyen · NxtGen Equity
Starting Capital
$300K
Growth Period
10 Yrs
IUL Income / yr
$32,040
Tax on IUL Income
$0
Total IUL Value
$840K
Death Benefit
$597K
Presented by NxtGen Equity · Santa Ana, CA
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