Fact Situation : Client's Ages - Early 60's.  A husband and wife who had both recently retired with $6,000,000 in combined IRA rollovers from a large corporation where they worked.  They had invested at a brokerage firm in 1999.  They sustained $500,000 in losses during subsequent down market years.

Problem: Post-retirement losses, no estate plan, no fixed returns with possibility of market returns from equity index products.

Solution: Found client no-load equity index product (no surrender charges on the first $1 million), and a bonus equity index product (10% bonus on $5 million) to replace $500,000 of losses sustained in 2000, 2001 and 2002. 



Immediate Benefits: First year yield on no-load equity index product 8.6% ($86,000 return on $1 million).   First year yield on bonus equity index product ($500,000 return on $5 million).  Used bonus proceeds to purchase survivorship life insurance inside an irrevocable insurance trust for estate planning, (to replace the IRA values at their deaths), so they could spend everything, and still leave $5,000,000 to children and grandchildren in tax-free death benefits.