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HOW LONG WILL YOUR RETIREMENT INCOME LAST?

 

One of the fundamentals of preparation is to attempt to have your retirement income last as long you live—a concern for most people today. In fact, many articles suggest that most people today who are approaching, or currently in, retirement have this

somewhat common apprehension: their hope is that their retirement-income producing funds do not suffer a severe loss in the years ahead, which would negatively impact their retirement income.  Having come through two of the worst stock market turndowns in history—both within a short 10 year span, how comfortable and assured are you with your current game plan to generate a guaranteed, predictable and sustainable stream of retirement income you cannot outlive?

 

Whether you are retired yet or not, wherever you have your retirement account invested, there is a high probability of the current balance in the account not remaining as favorable as it now is, which presents the unfavorable possibility that you could suffer a reduction in your retirement income sometime in your advancing years.  Many ask themselves, “Is there anything I can do to guarantee this could never happen to me.”

 

FOR A MARRIED COUPLE WHO ARE BOTH AGE 65…THERE IS A 50%

LIKELIHOOD THAT ONE WILL LIVE TO AGE 92, AND A 25%

CHANCE THAT ONE WILL LIVE TO AGE 97…

Source: U.S. Annuity 2000 Mortality table, Society of Actuaries

 

Perhaps unknown to you, but there are selections in the financial marketplace that can give you a more confident feeling of future guaranteed* lifetime retirement income security, for one or two people, for as long as you live.  Moreover, no matter what financial negative circumstance might happen in the marketplace during your retirement years, and irrespective of which concept/product you might choose from those that I present to you, with each and every one of them you are guaranteed a lifetime retirement income payment based upon when you choose to begin receiving your first income check.

 

Here is a little more depth:

 

If your retirement account assets are currently invested in the market (whether in stocks and/or bonds)  there is a constant “diminishing returns” exposure; i.e., in the event of an economic downturn (as most experienced a few years ago) your retirement account partially follows the market (good or bad)— and hence can have an unfavorable impact on future retirement income.  Fortunately, however, almost everyone with whom I have visited along these lines, was pleased to know that there are guaranteed lifetime retirement-income preservation concepts available—retirement income portfolio “protection and longevity” was of paramount importance to them.

 

Now you may not be aware, but you are permitted to re-position some or all of your retirement money, from any IRA, irrespective of your age, via a tax-free trustee-to-trustee transfer—which eliminates any tax consequences for any re-allocations you might want to do.  This is an approved IRS redistribution process which, upon utilizing any of the products I would suggest, you would then immediately be guaranteed a future “lifetime” financial security for one or two, in the form of a never-to-be-outlived monthly paycheck—irrespective of how long the second one of you were to live. Additionally, if you are 60+ years of age, in almost all instances you are allowed to make a re-distribution from your current employers 401-k.

 

Truly, the real upside of this entire concept is the immediate current and future economic peace of mind it can bring to you; because once you have made such a re-distribution, irrespective of what forthcoming happens in the economy, it will have no negative effect on your future income. This guarantee is what I like to call a floor—i.e., the protected investment portfolio shields your retirement income from declining markets—enhanced with a guaranteed built-in single, or joint-spousal, lifetime income, which financially protects you against the concern of potentially running out of income, even until the death of a surviving spouse. With this safety net you maintain the confidence of guaranteed future accessibility to a steady income for as long as you, or two, live—an income protection safety net.

 

Now, which combination of possibilities you may want to integrate into your retirement income account will be determined by what choices you pick to effectuate these guarantees. To compare the various options you might want choose from, I would want to gather all your pertinent information and then prepare in detail the possibilities that are available—and then present them to you.  I would show you the various potential alternatives, to which you could then pick what you are most comfortable with.

 

I am well aware that there are many individuals from whom you could choose to be of assistance to you. Consequently, I would like to extend to you a “complimentary” offer to get together with me, so that together we might review all of the retirement-income possibilities that are available, or those that might be of interest to you.

 

Then, after our visit, I will study your circumstances as if they were my own. Meanwhile, after you will have had time to digest all that I will have presented in our initial visit, if you decide you would like to proceed further, give me a call to re-set another appointment for us to get back together.  I would review everything once again, in detail, and answer any additional questions you might have. My intent would then be to share my observations and recommendations with you,  and ultimately tailor my recommendations to your wishes.

 

I look forward to hearing from you (425-827-9225), at your convenience, if you would like.*

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* All guarantees, including optional benefits, are backed by the claims-paying ability of the issuing company

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Capital Enhancement Group, Inc. • 611 4th Ave. Suite A • Kirkland, WA 98033 • (425) 827-9225