61-year-old Couple Wants $9,000/month of Guaranteed Income in Retirement (plus performance based supplemental income)

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

💾 be sure to save for later 💾

⭐️ Here are the details ⭐️

✅ Tristan & Michaela are 61

✅ They want $9,000/month of retirement income in 6 years

✅ They currently have no guaranteed income other than social security

✅ They have a $400k long-term care coverage (without accessibility & tax-free legacy benefits)

✅ They have $786k in 401k accounts (which they are both maxing)

✅ They have $234k in cash and CD’s

✅ They will get $4,300/month from social security in 6 years

⭐️ Guaranteed Income Strategy ⭐️

✅ $552k will use an income annuity to maximize income in 6 years

✅ That generates $5,104/month guaranteed for life starting at age 67

✅ This brings their guaranteed income total to $9,404/month for the rest of their lives

⭐️ Performance-based Supplemental Income ⭐️

✅ They will always keep $50k in cash (now & in retirement)

✅ Their remaining money will be invested aggressively for 6 years

✅ By retirement age their remaining investments will be worth $1.03M

✅ They are then going to invest 100% in stocks & take a 6% distribution of supplemental income (there is a 73% chance this will last 20 years)

This means they are taking on a ton of market risk, but they are ok if they end up wiping out their investment account since they have guaranteed income through social security and the income annuity.

⭐️ Retirement Results ⭐️

$9,404/month of guaranteed income + $5,150/month of supplemental income that is very likely to last for at least 20 years.

Let’s chat 💬😎