60-year-old Couple Creates A Guaranteed 10.47% Annual Growth Rate on Future Income (without sacrificing long-term growth potential)

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

💾 be sure to save for later 💾

⭐️ Here are the details ⭐️

☑️ Ross & Rachel are 60

☑️ Their retirement income goal is $13,000/month

☑️ Ross’s Social Security income will be $3,000/month at 67

☑️ Rachel will receive $2,500/month from Social Security

☑️ Rachel works part-time & babysits their granddaughter now

☑️ Ross works full-time maxing out a 401k (with an $8k/year employer match)

☑️ Rachel has an IRA with $200k in it

☑️ Ross has $525k in his 401k

☑️ They also have $75k in savings that they don’t want to touch

⭐️ [Safe Money] Objective 1: Eliminating the Sequence-of-Return Risk on Future Income ⭐️

☑️ Based on Retirement Income Plan we will move some money out of the volatility of the market

☑️ This money will still grow at an annual rate of 10.47% with NO MARKET RISK

☑️ When they use this as guaranteed, lifetime income it will pay 55% more than they can withdraw from the market

⭐️ [Growth Potential] Objective 2: Dollar-cost-averaging Money into the Market for Long-term Growth ⭐️

☑️ Utilize the ups-and-downs of the market to their advantage

☑️ Ross’ 401k will be invested as aggressively as possible

☑️ As the market goes up and down they will buy more shares at an overall lower cost

☑️ This gives them more long-term growth potential

⭐️ Retirement Income Analysis: Guaranteed Income ⭐️

☑️ Guaranteed Income Sources:

☑️ $5,500 per month from Social Security

☑️ $4,978 per month from Income Annuity ($480k contribution at age 60)

☑️ Total $10,478/month of guaranteed lifetime income

⭐️ Long-term Growth Potential & Supplemental Income ⭐️

☑️ 8% annual market returns = $778k at retirement

☑️ That’s a very comfortable $2,593 per month of retirement income

This means that they’ll have $10,478 + $2,593 of monthly income starting at age 67…

$13,071 per month to be precise‼️

BUT, they’ll also have the freedom & flexibility to take larger income withdrawals when the market does well.

And if the market does well they will likely be able to leave money to their children and grandchildren (ideally tax-free)!

Let’s chat 💬😎