Happy Friday Reader!
Below is a weekly recap of my most popular videos and blogs. As always, don't hesitate to reach out to me directly if I can ever be a resource for you (via email, or through any of my social media channels).
Also, feel free to schedule your free Retirement Income Analysis.
Top Videos of the Week (all 1 min. or less):
- [CASE STUDY] My Wife and I are 60 with $1.1M, Can We Retire at 65?! (with 80% of income completely shielded from market losses)
- New for 2025: SUPER 401k Catch-up Limits for Ages 60-63!!
- What Will The Market Do in YOUR Retirement?! (And what should YOU do?!)
Full Review of Last Week's Case Study
My Wife and I are 62 with $1.5M, Can We Retire at 67⁉️
(without depleting our portfolio 😏)
⭐️ Here are the details ⭐️
☑️ Peggy and Al are both 62
☑️ Al will collect $3,600/month of Social Security at 67
☑️ Peggy will collect the full Spousal Benefit of $1,800/month at 67
☑️ They would like $12,000/month of market-proof income
☑️ They want to spend extra in the first 9 years of retirement
☑️ Al has $900k in his 401k (maxes + $12,000/year match)
☑️ Peggy has a $600k Investment account (contributes $25k/year to)
☑️ They also have about $150k in cash (not included for retirement)
⭐️ Protect Portfolio + Create Market-independent Income Plan ⭐️
☑️ $750k is rolled from Al's 401k to a market-proof IRA
☑️ This Income Annuity grows guaranteed at 10% per year
☑️ This provides $9,000/month for first 9 years of retirement
☑️ After 9 years the income will be reduced to $4,200/month for life
☑️ Immediately protects 50% of portfolio from sequence-of-return risk
☑️ This income is NOT susceptible to any market losses‼️
⭐️ Remaining $1.5M Portfolio Reallocated for Aggressive Growth Potential ⭐️
With continued contributions + 8% annual returns they will have $1.5M in 5 years (+ the guaranteed income from the annuity)
☑️ They will take a 6% portfolio withdrawal (with inflation increases)
☑️ They will also set an upper portfolio guardrail of $1.75M
☑️ If their portfolio reaches $1.75M they will increase spending to 7%
50% of their portfolio is used to create future guaranteed, lifetime income
Which means that all future contributions will be geared towards market growth...
So they are protecting their retirement income from a market loss...
But also increasing their market exposure each year
⭐️ Final Results ⭐️
✅ First 9 yrs of Retirement: $21,794/month
$14,289/month of guaranteed income
+ $7,505/month of portfolio income
✅ Remaining years of Retirement:
$10,942/month of guaranteed, lifetime income
+ $8,000 - $13,000/month of portfolio income
⭐️ AND an estimated $1.5M left in their portfolio at age 95
(Make sure to checkout the Full Income Analysis )