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y</a> at age 64✅ He wants to <a href="https://readmedium.com/the-ultimate-penalty-free-72t-strategy-for-a-tax-free-retirement-e43a74d5bb38">retire tax-free</a> (who doesn’t, right?!)<h2 id="f970">⭐️ Guaranteed Income Strategy ⭐️</h2>✅ We will roll his old 401k into a <a href="https://readmedium.com/the-top-4-reasons-to-designate-money-as-retirement-income-10-years-prior-to-retirement-7133367aafff">deferred income vehicle</a> (in an IRA account for now)✅ The guaranteed income value at age 64 = $7,542/month for life✅ + social security =$ 9,942/month of income for life<h2 id="c8ad">⭐️ Tax-free Retirement Strategy ⭐️</h2>✅ Adam will perform 8 consecutive <a href="https://readmedium.com/income-limits-do-not-apply-to-roth-401ks-roth-conversions-29a8f71da62e">Roth conversions</a> inside of his deferred income annuity✅ This will ensure that when he turns the income “on” it’s all tax-free✅ The annual cost to move money to the Roth IRA account in his annuity = $18,000/year<h2 id="07d6">⭐️ Paying for the Roth Conversion ⭐️</h2>✅$ 292,000 will be moved from his CD and cash accounts into a guaranteed interest vehicle✅ With a guaranteed interest of 6.15% per year, Adam will receive $18,

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000/year of interest✅ This interest will pay the full cost of the Roth conversion allowing him to achieve a <a href="https://readmedium.com/why-you-might-have-to-wait-until-retirement-to-position-yourself-for-a-tax-free-retirement-95266f797125">tax-free retirement</a>….and have an insurance company pay the full tax bill each year 🥳<h2 id="840b">⭐️ Results at age 64 ⭐️</h2>Adam has $9,942/month of tax-free income +$ 555k of flexible spending money in retirement 🔥The best part is that he will be able to <a href="https://readmedium.com/delaying-social-security-allows-more-taxable-money-to-be-tax-free-d619c2a5f53f">collect social security completely tax-free</a> as well as all of his other retirement money 👏👏👏Let’s chat 💬😎Connect With Me & Access All My Resources <a href="https://pages.safewealthplanning.com/profile">Here</a>Enjoy this blog? You’ll probably enjoy this one as well: <a href="https://readmedium.com/60-year-old-w-1-8m-wants-max-income-in-3-yrs-7-yrs-extra-income-to-delay-social-security-42c1e4c5a966">60-year-old with $1.8M Wants Max Income in 3 Years (+ 7 years of supplemental income to delay social security)</a>To your success,Matt</article></body>

56-year-old Wants $7,000/mo of EXTRA Income @ 64 (+fully-funded tax-free retirement)

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

⭐️ Here are the details ⭐️

✅ Adam is 56

✅ He wants $7,000/month of EXTRA guaranteed income at 64

✅ He has $800k in an old 401k

✅ He has $105k in a Roth IRA

✅ He has $200k in a CD that just matured

✅ He has $250k in cash

✅ He will collect $2,400/month of social security at age 64

✅ He wants to retire tax-free (who doesn’t, right?!)

⭐️ Guaranteed Income Strategy ⭐️

✅ We will roll his old 401k into a deferred income vehicle (in an IRA account for now)

✅ The guaranteed income value at age 64 = $7,542/month for life

✅ + social security = $9,942/month of income for life

⭐️ Tax-free Retirement Strategy ⭐️

✅ Adam will perform 8 consecutive Roth conversions inside of his deferred income annuity

✅ This will ensure that when he turns the income “on” it’s all tax-free

✅ The annual cost to move money to the Roth IRA account in his annuity = $18,000/year

⭐️ Paying for the Roth Conversion ⭐️

✅ $292,000 will be moved from his CD and cash accounts into a guaranteed interest vehicle

✅ With a guaranteed interest of 6.15% per year, Adam will receive $18,000/year of interest

✅ This interest will pay the full cost of the Roth conversion allowing him to achieve a tax-free retirement

….and have an insurance company pay the full tax bill each year 🥳

⭐️ Results at age 64 ⭐️

Adam has $9,942/month of tax-free income + $555k of flexible spending money in retirement 🔥

The best part is that he will be able to collect social security completely tax-free as well as all of his other retirement money 👏👏👏

Let’s chat 💬😎

Connect With Me & Access All My Resources Here

Enjoy this blog? You’ll probably enjoy this one as well: 60-year-old with $1.8M Wants Max Income in 3 Years (+ 7 years of supplemental income to delay social security)

To your success,

Matt