my old mutual life policy illustration - part 2

				Guaranteed Assumptions Guaranteed Interest 1.00%
Age	Year	Planned Premium Outlay	Cumulative Premium	Account Value	Surrender Value	Net Death Benefit
34	1	30,000	30,000	24,730	19,697	1,025,885
35	2	30,000	60,000	49,431	40,309	1,025,885
36	3	30,000	90,000	74,282	65,640	1,025,885
37	4	30,000	120,000	99,278	91,116	1,025,885
38	5	30,000	150,000	124,399	116,717	1,025,885
39	6	0	150,000	121,111	113,909	1,025,885
40	7	0	150,000	117,665	110,944	1,025,885
41	8	0	150,000	114,031	107,789	1,025,885
42	9	0	150,000	110,195	104,433	1,025,885
43	10	0	150,000	106,146	105,064	1,025,885
44	11	0	150,000	101,860	101,860	1,025,885
45	12	0	150,000	97,316	97,316	1,025,885
46	13	0	150,000	92,479	92,479	1,025,885
47	14	0	150,000	87,327	87,327	1,025,885
48	15	0	150,000	81,833	81,833	1,025,885
49	16	0	150,000	75,961	75,961	1,025,885
50	17	0	150,000	69,675	69,675	1,025,885
51	18	0	150,000	62,916	62,916	1,025,885
52	19	0	150,000	55,615	55,615	1,025,885
53	20	0	150,000	47,689	47,689	1,025,885
54	21	0	150,000	39,042	39,042	1,025,885
55	22	0	150,000	29,583	29,583	1,025,885
56	23	0	150,000	19,205	19,205	1,025,885
57	24	0	150,000	7,807	7,807	1,025,885
58	25	0	150,000	0	0	0
59	26	0	150,000	0	0	0
60	27	0	150,000	0	0	0

				Non-guaranteed Assumptions Current Interest of 9.18%
Age	Year	Planned Premium Outlay	Cumulative Premium	Account Value	Surrender Value	Net Death Benefit
34	1	30,000	30,000	24,882	19,697	1,025,885
35	2	30,000	60,000	51,976	42,854	1,025,885
36	3	30,000	90,000	81,470	72,828	1,025,885
37	4	30,000	120,000	113,567	105,405	1,025,885
38	5	30,000	150,000	148,524	140,842	1,025,885
39	6	0	150,000	157,814	150,613	1,025,885
40	7	0	150,000	167,834	161,112	1,025,885
41	8	0	150,000	178,652	172,410	1,025,885
42	9	0	150,000	190,325	184,564	1,025,885
43	10	0	150,000	202,937	197,655	1,025,885
44	11	0	150,000	221,184	216,383	1,025,885
45	12	0	150,000	241,089	237,248	1,025,885
46	13	0	150,000	262,817	259,936	1,025,885
47	14	0	150,000	286,533	284,612	1,025,885
48	15	0	150,000	312,420	311,459	1,025,885
49	16	0	150,000	340,690	340,690	1,025,885
50	17	0	150,000	371,588	371,588	1,025,885
51	18	0	150,000	405,375	405,375	1,025,885
52	19	0	150,000	442,334	442,334	1,025,885
53	20	0	150,000	482,801	482,801	1,025,885
54	21	0	150,000	527,121	527,121	1,025,885
55	22	0	150,000	575,686	575,686	1,025,885
56	23	0	150,000	628,935	628,935	1,025,885
57	24	0	150,000	687,354	687,354	1,025,885
58	25	0	150,000	751,354	751,354	1,066,922
59	26	0	150,000	821,370	821,370	1,133,491
60	27	0	150,000	897,948	897,948	1,203,250

This is a lot of numbers to look at. The illustration runs to Age 120 but I think the above is the most important part. This illustration does not include any distributions. I do have another one which allows taking a loan $175,000 each year after I am 67 years old.

I am not sure I will be able to do a thorough analysis on this illustration. But I will try it in the next post or two. Couple interesting numbers to point out:

• The non-guaranteed interest used in the illustration is 9.18%
• The policy lapses after year 24 if it keeps earning the guaranteed 1.00%.

Stay tuned on more coverage about this old mutual life illustration.