63-year-old Couple Maxes Out Social Security & Retires at 70 with $15k/month‼️

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

💾 be sure to save for later 💾

⭐️ Here are the details ⭐️

☑️ Pam and Tom are 63

☑️ They will each get $3,400/month from Social Security at 70

☑️ They have a combined $800k in rollover IRA’s

☑️ They each have $300k in a 401k that they max out

(+$12k/year match from employer)

☑️ They have $250k in Roth IRA

☑️ They want to retire comfortably at age 70

⭐️ STEP 1: Building Risk-free Retirement Income Base ⭐️

☑️ Consolidate their IRA’s into market-proof, future income vehicle

☑️ This will provide $8,280/month of guaranteed, lifetime income at age 70

☑️ This will also allow them to invest more aggressively with their other money

+ They will have a total of $6,800 per month from Social Security

Bringing their total at age 70 to $15,080 per month of guaranteed, lifetime income.

(+ inflation protection with the annual Social Security increases)

⭐️ STEP 2: Long-term Wealth Building in the Stock Market ⭐️

☑️ They will each have approximately $900k in their 401k at retirement (if they earn 8% per year)

☑️ They can very comfortably withdraw an additional $6,000/month if they want

☑️ OR they can allow this to continue to grow in the market

⭐️ STEP 3: Tax-free Wealth Transfer Strategy (Roth + potential life insurance) ⭐️

☑️ Just letting the Roth grow will create about $1.4M of tax-free wealth for their kids and grandkids (if they live to age 90)

☑️ They can also use an income annuity to reposition money into a tax-free wealth transfer vehicle (either an IUL or a whole life contract designed specifically for maximum wealth transfer)

☑️ They can also gift as much tax-free money as possible in retirement (since they clearly have enough for their own retirement)

The 3 BIG benefits of this type of income planning approach:

🔥 They have a GUARANTEED $15,000 per month of lifetime income

🔥 They have $1.8M+ of additional assets that can stay invested aggressively for long-term growth in the market (lots of exposure to growth for wealth-building)

🔥 They have a wonderful opportunity to leave tax-free money to their loved ones annually (plus a large inheritance down the road as well)

Let’s chat 💬😎