This is a hypothetical example for illustrative purposes only and is not representative of the future performance of any product. Past performance is no guarantee of future results.

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The following methodology is used for each calculation of simulated outcomes.

1. All results in this calculator reflect a summary of 1,000 Monte Carlo simulations sampling historical market returns going back to 1988. It's important to remember that Monte Carlo simulation assumes that the future will be at least somewhat like the past, considering we're using historical data as the guide for each simulation. Results may vary with each use and over time.
2. Due to investment restrictions implemented within some product income riders, equity allocations are capped at specified percentages.
3. Variable Annuity products randomly sample historical S&P returns while Fixed Indexed Annuities randomly sample S&P Ex-Dividend returns annually.
4. The Fixed Rate following the first year for Variable Annuity products is randomly sampled from historical 10-year Treasury yields adjusted by the difference in the historical Treasury average yield and inputted rate.
5. For FIAs, the fixed allocation uses the product's declared fixed rate.
6. Cap rates, buffers and downside protection are applied to the equity market returns of the Fixed Index Annuity and Registered Index-Linked Annuity products.
7. The simulation uses average fund expenses and assumes no transaction costs.
8. SPIAs are not affected by market returns within the simulation.
9. RILAs simulate a 100% equity allocation sampling historical S&P Ex-Dividend annual returns.
10. Anticipated, Conservative and Aggressive correlate to the 50th, 10th and 90th percentiles of the Monte Carlo simulation.
11. Distribution channels where commission products are available will not include advisory fees in the fee-based products.
12. GMIB (Guaranteed Minimum Income Benefit) riders are simulated using a hypothetical calculation methodology. The rollup rate is used as the withdrawal rate, with income treated as withdrawals from account value until depleted, then the benefit base is annuitized at the same rate. Unlike standard living benefits, rollups continue during the withdrawal phase until the specified rollup period or age limits are reached. Income is recalculated only when the benefit base increases. Actual GMIB benefits vary by product and carrier - please consult specific product documentation for complete details.