What is the Payout Illustrator?
This tool is designed to show hypothetical illustrations of total account balance(s) payout, based on calculations of a fixed period or a fixed amount payment.
Fixed Period Payment
This calculation determines the payout amount that might be received based on the chosen number of years of payments.
Fixed Amount Payment
This calculation determines the payout period in years and months that might be received based on the chosen payment amount.
Note: The average person may spend 20 to 30 years in retirement.
The yield shown is for illustrative purposes only and does not constitute any guarantees.
This illustration is hypothetical and is not intended to serve as a projection of the investment results of any specific investment. Investment return and yield are not guaranteed and will vary, especially for long-term investors. Variable investment options are subject to market risk, which may shorten or lengthen the expected duration shown. Distributions are available only for qualifying events such as retirement or termination of employment. Ordinary income taxes are due upon withdrawal. No charges or fees have been included in this illustration. Life expectancy information, based on single life expectancy, is used as a guideline for minimum distribution purposes. Actual minimum distribution amounts may differ. Nationwide Investment Services Corporation, member FINRA.
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