Manulife Income Plus Case Study Video (Carol)

In this example, Carol’s initial deposit establishes a Guaranteed Withdrawal Balance of $200,000. Even in a down market, this value grows to $350,000 through annual bonuses of $10,000 for the first 15 years. The annual Lifetime Withdrawal Amount available to Carol after December 31st of the year she turns 65 will be $17,500 (five per cent of $350,000) for life.