Sam has been a wealth management client for several years. He has a continuing concern about retirement despite a significant net worth. Like most people his goals and objectives increase with his portfolio! He had the following questions:

• Can he purchase a second home?
• Can his family be financially independent throughout their lives even if they retire now?
• How will his assets provide his family with the income they need to support them and replace that pay check that can be counted on twice a month?

Our Solution:

• Creating projections that included the additional goal for the purchase of the second home.
• Stress” testing the results to see what effect different adverse conditions will have on the Sam’s family’s lifestyle.
• Devising a strategy to create a monthly “paycheck” from their invested assets. This rather complex strategy is implemented to maximize the safety of their income and also to minimize taxes.

The benefits to the client:

• Sam and his family felt confident they can retire now if they choose, purchase a second home and never have to sell either family home in almost any scenario we examined.
• They could enjoy their retirement confident that their lifestyle is safe under most economic circumstances.
• Sam and his family knew that they could receive an income stream generated monthly from their invested assets and that their portfolio was invested and managed properly to maximize both their income and its stability.
• Uninterrupted sleep!!!!