The IRR on the non-guaranteed CV after 30 years of $10k premiums is 7.0%....that's amazing.
I think it's more like 5 and change... they have a separate IRR ledger and I'm pretty sure that's what they were showing.. now can you get 7%
?... hell yes.. when the interest rate goes back up.. dividend rates will be highly likely to go back up especially for the major players..there's a famous thread on the boglehead forum of someone posting his numbers from Northwester from 1990 to 2009 ... IRR was over 7% in only 19 years. and taht was after the market crash so that guy was happy.
I'm not that optimistic for the immediate future. Either way I like projecting conservative numbers. I expect the products to do better than illustrated. Although that's tough to do with WL .. many carriers don't let you illustrate smaller dividend rates.