63-year-old Woman Retires in 4 Years with $8k/month (+ $300k travel budget)‼️

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

💾 be sure to save for later 💾

⭐️ Here are the details ⭐️

☑️ Raquel is 63

☑️ She will receive $3,200/month from Social Security at 67

☑️ She has $450k in Traditional IRA

☑️ She has $125k in a 401k that she maxes out

☑️ She receives $12k/year in 401k profit sharing

☑️ She has $50k in savings

☑️ She has bonds worth $200k that will mature in 4 years

☑️ She wants $8,000/month in retirement + a large traveling budget

⭐️ Developing Raquel’s Market-Independent Income Strategy ⭐️

☑️ $450k IRA + $45k 401k rollover to a lifetime income annuity (IRA)

☑️ $495k will be worth $811k in 4 years (guaranteed)

⭐️ This guarantees a 13% annual return on the income value with NO MARKET RISK ⭐️

☑️ This will also be paid out annually at 7.2% of the income value and will be contractually guaranteed for the rest of Raquel’s life!

☑️ This translates to $4,866/month of guaranteed, lifetime income

+ She will collect $3,200/month from Social Security

Bringing her total in 4 years to $8,066/month of lifetime income

(with annual inflationary increases from Social Security)

+ Approximately $536k in remaining market assets at retirement

(this includes 401k contributions & growth, savings, and matured bonds)

⭐️ Raquel’s $300k Travel Budget ⭐️

☑️ $300k will be put in a High Yield Savings account earning 4%

☑️ This will be Raquel’s travel budget for the first 10-years of retirement

☑️ This will generate $3,000/month for 10 years for Raquel to travel as much as possible

⭐️ Raquel’s Safety-Net Supplemental Income ⭐️

☑️ Raquel’s remaining $236k will go into a 10-year CD at 5% per year

☑️ This will be worth $385k in 10 years

☑️ We will then use this as a 20-year income source of $2,500/month

☑️ Any months that Raquel doesn’t need additional income she won’t withdraw

Final Results

🔥 Raquel has an lifetime income base of $8,000 per month (with inflation-protection)

🔥 She has approximately $3,000/month solely for travel (for 10 years)

🔥 She also has a safety net of about $385k after she slows down traveling

🔥 This gives her a retirement lifestyle income of $10,000 — $11,000 per month

+ the freedom to travel very luxurious

+ the peace-of-mind that she has income insurance if she lives well into her 90’s!

Let’s chat 💬😎