The income play: how much a month?
Answer "how much a month?" in Genius. Every option on one screen, the income test, the fee, the start age, the gap and the tax.
"How much will I get a month?" is the question clients ask most. This play shows how to answer it with Genius, one screen at a time.
Uses credits
You'll learn to
- Run every income option in the Income rider calculator and check the year income starts
- Quote an income annuity beside the rider, and solve for the premium that covers the client's gap
- Set the source of funds and check a Roth run in GrantAI
In this guide
- 1. Run every option (done)
- 2. Test the income in dollars, then check the illustration (done)
- 3. Zero growth and the fee Tool (done)
- 4. Bonus or higher payout Tool (done)
- 5. Single, joint and when to start (done)
- 6. Put an income annuity next to the rider (done)
- 7. Cover the gap with as little as it takes (done)
- 8. Need, have, how close Tool (done)
- 9. Which money pays: the tax side (done)
- 10. Quiz: the income play (done)