Welcome to the Retirement Readiness Answer Page
Traditional Retirement Income Planning really doesn’t have a strong plan to create income. They typically say you can take out 4% of your retirement portfolio and adjust it up for inflation each year to have “A Good Chance to Not Outlive Your Money.”
Did you know that was their go to plan for your retirement income?
Before 2000 their studies showed that there was an 18% to 30% chance you would outlive your money following their plan.
How comfortable would you be with a plan that has you running out of money somewhere from about a 1 in 5 chance to about a 1 in 3 chance of running out of money?
Interestingly, new studies that take into account today’s more volatile market and the sustained low rate environment has pushed that chance of running out of money to up to 57% or higher chance! In fact they say the “safe withdrawal” rate is around 2.53%.
Does that sound like a good plan for your retirement?
Well, now that you know how Traditional Retirement Income Planning calculates your income in retirement it should be easier to answer the question on how much income $500,000 would create for you. It is $20,000.
Did you think it would have created more?
If the current studies are accurate that would still leave you with up to a 57% or higher chance of running out of money and the safe withdrawal rate of 2.53% would give you an income of $12,650.
That doesn’t seem like much income from $500,000 does it?
Would it surprise you to know there are other options that will actually guarantee* you an income you can’t outlive that can be much higher depending on your age and if you need it for just your life or your life and your spouse’s life? (*The guarantees are backed by the claims paying ability of the companies providing them.)
Would you rather have a higher income that is guaranteed* to last your entire life and is 20%, 30%, 40%, 50% or more higher than an income that has up to a 57% or higher chance of running out of money?
Were you aware of these things? Would it make sense to know more about all your retirement income options?
There are a couple options for you below. You can check out a Free Video we have on this topic or if you feel like you don’t want to waste any more time you can use the other form to contact us and we’ll be happy to set up a time to sit down with you and discuss your particular situation. Fair enough? You can also ask us questions with the third form that is on the bottom.
If you’re worried we’ll bother you if you give us your information, please don’t, what we do isn’t for everybody so we only want to work with people that want us to help them Safely create the most Lifelong, Ever-Increasing, Net-Spendable Retirement Income so they can live the life that THEY want to live in retirement and not what their unsafe, highly taxed, traditional plan might or might not give them.
All we will do is follow up with you to make sure you have the information you wanted, share with you any other information we think you might find of value and if you ever decide you don’t want that kind of information, just email us and ask us to stop sending it. No big deal. Does that sound fair to you?
Did you know that was their go to plan for your retirement income?
Before 2000 their studies showed that there was an 18% to 30% chance you would outlive your money following their plan.
How comfortable would you be with a plan that has you running out of money somewhere from about a 1 in 5 chance to about a 1 in 3 chance of running out of money?
Interestingly, new studies that take into account today’s more volatile market and the sustained low rate environment has pushed that chance of running out of money to up to 57% or higher chance! In fact they say the “safe withdrawal” rate is around 2.53%.
Does that sound like a good plan for your retirement?
Well, now that you know how Traditional Retirement Income Planning calculates your income in retirement it should be easier to answer the question on how much income $500,000 would create for you. It is $20,000.
Did you think it would have created more?
If the current studies are accurate that would still leave you with up to a 57% or higher chance of running out of money and the safe withdrawal rate of 2.53% would give you an income of $12,650.
That doesn’t seem like much income from $500,000 does it?
Would it surprise you to know there are other options that will actually guarantee* you an income you can’t outlive that can be much higher depending on your age and if you need it for just your life or your life and your spouse’s life? (*The guarantees are backed by the claims paying ability of the companies providing them.)
Would you rather have a higher income that is guaranteed* to last your entire life and is 20%, 30%, 40%, 50% or more higher than an income that has up to a 57% or higher chance of running out of money?
Were you aware of these things? Would it make sense to know more about all your retirement income options?
There are a couple options for you below. You can check out a Free Video we have on this topic or if you feel like you don’t want to waste any more time you can use the other form to contact us and we’ll be happy to set up a time to sit down with you and discuss your particular situation. Fair enough? You can also ask us questions with the third form that is on the bottom.
If you’re worried we’ll bother you if you give us your information, please don’t, what we do isn’t for everybody so we only want to work with people that want us to help them Safely create the most Lifelong, Ever-Increasing, Net-Spendable Retirement Income so they can live the life that THEY want to live in retirement and not what their unsafe, highly taxed, traditional plan might or might not give them.
All we will do is follow up with you to make sure you have the information you wanted, share with you any other information we think you might find of value and if you ever decide you don’t want that kind of information, just email us and ask us to stop sending it. No big deal. Does that sound fair to you?
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