The Geneva Papers on Risk and Insurance Issues and Practice

FIGURE 7

FROM:

Variable Annuities and the New Retirement Realities

Christopher M Condron

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Figure 7.

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GWBL allows lifetime withdrawals of $43K, while the TDF with the same withdrawals will likely run out in approximately 7 years from age 84.
Note: For the period 01/01/1973 to 12/31/1975, the Lehman aggregate index was not available. As a result, we used a proxy of 50 per cent Lehman U.S. Government Intermediate and 50 per cent Lehman U.S. Intermediate Credit.

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