How to Create 65% More Retirement Income in 10 Years (comparing the market & income vehicles)

(don’t forget to checkout the video too)

Everything really is income when it comes to retirement.

Almost all of the money that you have accumulated will be used to generate retirement income in some way, shape or form.

That’s why it’s important to look at each dollar and what it represents as a guaranteed income value.

I often talk about positioning about 60% of your retirement assets as income…

… and 10 years prior to retirement is the ideal time to start doing that.

In this analysis I want to compare the results of leveraging an insurance company for income as compared to the market.

As you know, insurance companies are built to provide contractual guarantees like income and that’s a very smart place for some of your money to land (especially if you’re planning on using some of your retirement assets to generate income anyways).

The market is great at growing your money, but that volatility makes it very inefficient at generating income (primarily because of the sequence-of-return risk)

⭐️ The Details ⭐️

✅ Ernie has $500k to invest at age 55

✅ He wants to maximize income at age 65

✅ The money will accumulate for 10 years

✅ Ernie is hoping for a tax-free retirement and will be performing Roth conversions simultaneously

⭐️ Total Growth in the Market ⭐️

✅ Ernie did well in the market earning 8% per year for 10 years

✅ His $500k is now worth $1,079,463

⭐️ Total Growth in the Income Vehicle ⭐️

✅ Ernie took on NO RISK and accumulated money at a safe, and guaranteed rate

✅ His $500k is now worth $1,081,933 in his income account

⭐️ Income Generated by the Market (4% rule) ⭐️

✅ Taking a 4% annual withdrawal from the market yields $43,178 per year of income

✅ He still has a 14% chance of running out of money in retirement 😫

⭐️ Income Generated by the Income Vehicle ⭐️

✅ At age 65, Ernie is guaranteed a 6.6% annual payment that will last his entire life

✅ His income payment will be $71,408 per year‼️

✅ That income is guaranteed FOREVER, so he has a 0% chance of running out of money in retirement 🙌

That’s 65% MORE INCOME by simply leveraging an insurance company for the income portion of your retirement!

Plus a complete elimination of the risk of running out of money.

Let’s chat 💬😎