48-year-old Woman with $200k Saved Wants to Retire ASAP at 56 (is it achievable?!)

(don’t forget to checkout the video of this case study too)

⭐️ Here are the details ⭐️

✅ Melissa is 48

✅ She wants to retire ASAP

✅ She needs $3,000/month of guaranteed income at age 56

✅ Her house is paid off & she doesn’t like the volatility of the stock market

✅ She has $32k in Roth IRA & $35k in an old 401k

✅ She has $133k in a CD that has just matured

✅ She will get $2,000/month of social security and she will take that at 62

✅ She makes $100k/year and can save $4,000/month for the next 8 years

✅ Her employer matches 2% if she contributes 4% to her 401k

⭐️ Guaranteed Income Strategy ⭐️

✅ We will roll her Roth IRA, her old 401k, and $75k from the CD to 3 separate deferred, indexed, income annuities

✅ She will immediately begin saving 4% of her salary into her 401k (to receive the full match)

✅ She will immediately start maxing out her Roth IRA at $542/month

✅ She will allow the 401k rollover to accumulate income potential with no contributions for now

✅ She will begin contributing $3,125/month to the income vehicle with her CD rollover

✅ The 50k leftover from her CD will grow in a fixed interest vehicle guaranteed @ 6.15% per year

✅ With her contributions & employer match her 401k will be worth about $75k at age 59–1/2

⭐️ Results at age 56 ⭐️

✅ Veronica has $3,002/month of guaranteed income + $82,000 of flexible spending money

⭐️ Results at age 59–1/2 ⭐️

✅ She will still have the $3,002/month of guaranteed income but she will have an extra $75,000 to spend from her 401k

⭐️ Results at age 62 ⭐️

✅ Her income will now rise to $5,002/month (guaranteed for life) + the annual inflation increases she will get from social security

Even though she was a bit “late to the game” she will still be able to achieve her retirement goals & retire early.

Let’s chat 💬😎