60-year-old with $1.8M Wants Max Income in 3 Years (+ 7 years of supplemental income to delay social security)

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

⭐️ Here are the details ⭐️

✅ Jacob is 60 with $1.8M

✅ He wants to retire at age 63

✅ He wants maximum guaranteed income

✅ He will get $3,000/month of social security if he waits until 70

✅ He wants to create $3,000/month additional income from 63–70

⭐️ Retirement Income Strategy ⭐️

✅ Jacob’s will immediately put $1.2M into a deferred income annuity at age 60

✅ This will generate $105,206 of guaranteed, lifetime income for Jacob at age 63

⭐️ 7-yr Supplemental Income Strategy ⭐️

✅ The remainder of Jacob’s money will be invested in a 7-year fixed interest account @ 6.15% per year

✅ This will generate an additional $36,000 per year of income for 7 years (until he turns on social security)

⭐️ Results from age 63 to 70 ⭐️

✅ Jacob has a guaranteed retirement income of $11,767/month

⭐️ Results starting at age 70 ⭐️

✅ Jacob STILL has a guaranteed retirement income of $11,767/month…

BUT, he now has $585,000 of additional money for flexible retirement spending…

AND, since he turned on social security he now has additional inflation protection for the rest of his life 👏

Let’s chat 💬😎

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Enjoy this blog? You’ll probably enjoy this one as well: 48-year-old Woman with $200k Saved Wants to Retire ASAP at 56 (is it achievable?!)

To your success,

Matt