Retiree with significant annuity income (SPIA or VA), limited other assets, Medicare, Social Security.
RI-01 is the retiree whose monthly income is dominated by an annuity contract — SPIA payouts, variable-annuity living-benefit riders, Social Security, and Medicare. The diagnostic surface is income inflexibility: when the bulk of cash flow is contractually fixed, conventional drawdown and Roth-conversion logic produces wrong answers.
RI-01 models a retiree whose primary post-retirement income stream is an annuity — typically a single-premium immediate annuity (SPIA) purchased at retirement, a deferred fixed annuity now in payout phase, or a variable annuity with a guaranteed lifetime withdrawal benefit (GLWB) rider — supplemented by Social Security and (in this corpus) modest other assets. The diagnostic surface for retirement-income software is the inflexibility of annuity cash flow: monthly payments are contractually fixed (with limited COLA features), the underlying contract is largely illiquid, exclusion-ratio calculations are needed for non-qualified annuities to determine the taxable portion of each payment, and exception-tracking matters around §72(q) and §72(t) early-withdrawal penalties for contracts that pre-date age 59½. Required Minimum Distributions from qualified annuities follow §401(a)(9) IRC rules but are typically satisfied by the contract's payment stream itself — RMD aggregation logic across qualified annuities and IRA accounts is a common error site.
The structural picture is modest income with a high mortgage and credit-card incidence relative to wealth. Median income $60,808, median net worth $637,566, median age 77. Liquid net worth ($211,272) is thin against the implied 15–25 year remaining life expectancy, which is why the annuity exists in the household balance sheet at all — it converts longevity risk into a fixed payment stream the household can budget against. All 20 households carry credit-card balances; 10 carry mortgages, often a 30-year fixed taken in pre-retirement that did not fully amortise. The dominant goals are legacy / estate (all 20) and emergency fund (all 20) — the latter especially diagnostic, because the annuity payment stream solves the income problem but not the lump-sum-expense problem.
What separates RI-01 from neighbouring retirement archetypes is the cash-flow composition. RE-03 (pension-rich retiree) draws on defined-benefit pension income with similar inflexibility but typically larger total balances. RL-01 (RMD-stage retiree) draws from IRAs and 401(k)s where the household controls the timing and amount within the §401(a)(9) constraint. RI-02 (dividend income retiree) lives off taxable-account dividends and interest with full liquidity. RI-01 is specifically the cohort where contract-driven payments dominate.
Aggregated across the 20 RI-01 households in the shipped v3 corpus corpus. Numbers describe the corpus, not population claims.
Richard sits at the corpus income median but at the extreme low end on net worth — only $9,876 in liquid assets despite $62k of annual income. The diagnostic pattern is the divergence: the annuity contract is delivering income reliably but there is essentially no working capital, so any unbudgeted expense becomes a credit-card or hardship-withdrawal decision. He is on-track for the legacy / estate goal (the contract has a beneficiary designation) but behind on emergency fund. This is the household where retirement-income software has to surface lump-sum risk to a client whose monthly income looks fine.
Every RI-01 household ships with — at minimum — these JSON fields populated. The full schema is documented in the data set you purchase.
Three buyer profiles draw on RI-01 most heavily. Annuity-administration and recordkeeping platforms use it for payout-phase income accounting, exclusion-ratio computation on non-qualified contracts, and §72(q) penalty-tracking on contracts in unusual configurations. Tax-software vendors building retirement-income preparation flows use it for the interaction between annuity income, Social Security taxability (the 50 / 85% inclusion threshold under §86), and IRMAA Medicare-surcharge brackets — a stacked-threshold testing surface that generic 1040 engines often handle poorly. Wealth-platform engineering teams supporting advisors who serve retirees use it for proposal generation on partial annuitization, §1035 exchange evaluation, and contingent-deferred-annuity overlay strategies where the household's longevity exposure exceeds its liquid asset base.
RI-01 is the retiree whose income is annuity-dominated, not the retiree who happens to own an annuity sleeve. Pension-rich retirees with defined-benefit income from corporate, government, or military service belong in RE-03 or MV-02. RMD-stage retirees drawing from IRAs and 401(k)s on a controlled-distribution basis are RL-01. Affluent retirees living off taxable-account dividend and interest income are RI-02. Recently widowed retirees navigating a spouse's annuity beneficiary election are RL-02 with a beneficiary-decision overlay. UHNW retirees who carry an annuity within a multi-million-dollar balance sheet (often a tax-deferral wrapper rather than an income solution) belong in H-tier with the annuity as a sleeve, not RI-01. Retirees whose primary income source is SSDI rather than retirement annuity are HC-02.
Income and net-worth bands during v3 synthesis were anchored to mass-market retiree segments of the Federal Reserve Survey of Consumer Finances and to LIMRA published industry data on individual-annuity sales and in-force distributions. State distribution (FL, TX, CO concentration) reflects retiree-population concentration in those states; it is not a probabilistic prior on annuity-holding rates by state. Contract-type mix between SPIA, deferred fixed-annuity-in-payout, and variable-annuity-with-rider was synthesised illustratively. Per CLAUDE.md §9 the v3 corpus is frozen and not regenerable from current code, so calibration claims are descriptive of the shipped fixtures rather than reproducible from a seed.
Dividend Income Retiree at a much higher wealth tier (median net worth $3.1M) living off taxable-account dividends and interest. Full liquidity, full timing flexibility — the opposite end of the inflexibility spectrum.
Pension-Rich Retiree drawing defined-benefit pension income from corporate, government, or military service. Similar payment inflexibility but typically larger balances and different tax-character analysis.
RMD-Stage Retiree drawing from IRAs and 401(k)s under §401(a)(9). Household controls the timing and amount within the minimum constraint, which RI-01 households largely do not.
Elderly widow / widower navigating spousal beneficiary elections, including annuity beneficiary options. Reach for RL-02 when the test surface is the survivorship transition rather than steady-state annuity drawdown.
RI-01 — Annuity-Dependent Retiree represents a retiree whose monthly income is dominated by annuity contracts — SPIA, deferred fixed annuity in payout, or variable annuity with a living-benefit rider — supplemented by Social Security and Medicare. Median income $60,808, median net worth $637,566, median age 77.
RI-02 lives off taxable-account dividends and interest with full liquidity and timing flexibility (median net worth $3.1M). RI-01's income is contractually fixed and the underlying contract is largely illiquid. The two archetypes are deliberate opposites on the income-flexibility axis.
Exclusion-ratio computation on non-qualified annuity payouts, RMD aggregation across qualified annuities and IRAs, Social Security taxability stacking, IRMAA bracket modeling, §1035 exchange evaluation, and lump-sum-expense / emergency-fund planning UX.
The annuity payment stream solves the longevity-income problem but not the lump-sum-need problem. Medical expenses, funeral costs, and beneficiary-outcome funding still require liquid reserves. The goal mix is diagnostic of the structural gap that annuity-dominant retirement income leaves behind.
Deterministically from a seeded sampler (Mulberry32 PRNG) in src/lib/generation/, with contract-type flags and payout-mix attributes applied as overlays. Per-domain version constants are surfaced in each household's _meta block.
No. The shipped 1,451-household v3 corpus is frozen and not regenerable from current code (drift confirmed 2026-05-09). Sampler improvements land in a future v4 release with per-archetype golden fixtures in CI to prevent silent drift.
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