Sustainable Retirement Income
How John Got the Cash-Flow-Based Income Plan He Always Wanted for Retirement.
John's income plan pays him every month without selling investments. He retired with the financial security he wanted from predictable cash-flow.
The Challenge:
John knew exactly what his plan had to do for him: create sustainable cash flow. He always planned on living off what his savings produced so he didn't have to touch his principal.
Why? He'd worked decades building his account; he didn't want to spend it down. He couldn't see it working out any other way.
John searched for a practical way to create his plan without success.
He felt that everything seemed to be a different version of the same two things:
- Spend 4% of his account each year.
- Buy a variable annuity.
These didn't give John the cash-flow he wanted. Both of those options rely on spending his principal – exactly what he didn't want to do.
John wanted a plan for the income he needed that doesn't give up the potential for future growth.
The Solution:
John partnered with D.R. Martin to get that cash-flow-based income plan he had in mind.
Through John's retirement assessment they mapped out:
- How much monthly cash flow his savings could generate for him.
- An income plan that preserved his principal.
- The first five years of his projected retirement income.
John saw the numbers, the projected income, his plan for market swings and inflation – all without sacrificing access to cash if he needed it.
The results were crystal clear and exactly what he expected. He confirmed that his plan would work and validated his ideas. John was ready to get started.
John and his CFP® professional summarized and planned out the first five years of his retirement income. He saw how much income he could get and saw where the money would come from. He decided how to handle his pension and when he would start Social Security.
The Outcome:
John used D.R. Martin to build his income plan and handle the details to make sure he is paid on time while he enjoys his well-deserved retirement.
He got the results he wanted:
- Predictable monthly cash flow that replaces what he spends.
- Sustainable Income produced by his savings.
- A plan to avoid overspending and depletion.
He spends money without the lurking fear of jeopardizing his financial security in old age.
With his income plan from D.R. Martin: if he could afford it when he worked, he can afford it in retirement.
Results:
John has an income plan designed for the end-game: fianancial security in old age.
This client and case study is hypothetical and not representative of actual client experience.