Retirement Income Road-Map

Retirement Income Road-Map

| July 10, 2018
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Preparing for Your Complimentary Retirement Income Road-Map

The purpose of creating a retirement income planning road map is...

1. To estimate how much cash flow you will have in retirement with your current portfolio and at today’s tax rates.

2. To estimate how much cash flow you will have in retirement with your current portfolio if tax rates double.

3. To estimate how much addition cash flow you will have in retirement when you achieve the lowest possible tax bracket.

This is a complimentary service that is provided for educational purposes only. It is designed to evaluate your current retirement plan and determine the most efficient way to create the most amount of cash flow during retirement. Once you receive your roadmap, you are free to do what you want with it. You are under no obligation to use our services. If you would like to make changes to your portfolio, it is our hope that you would give us the opportunity to help you with those changes.

To create this complimentary roadmap, we will need to gather some information from you. For security, confidentiality, and your convenience we gather this information over a 15-20-minute phone call. This prevents your information from being sent over the Internet. Below is a list of questions that we will be discussing over the phone call. Simply answer the following questions to best of your ability. The more information you provide, the more accurate your road map  will be.

RETIREMENT INCOME ROAD-MAP QUESTIONEER


FAMILY

1. Are you married? If so, what is your spouse’s name?

2. Do you have children? If so, what are their ages?

**If you are married, please answer the following questions for both you and your spouse

3. When do plan to retire, or if you are already retired, how long have you been retired?

4. How old are you?

5. How much net annual income (after taxes) do you need to retire?

 

EMPLOYMENT 

1. Are you employed? If so, what do you do for a living?

2. What is your annual income?

3. Do you have a retirement plan with your current employer (Example: pension, 401(k), 403(b))?

a. What is the approximate balance of those accounts?

b. How much do you contribute each month and how much does your employer match?

c. Do you know the average return you are earning on those accounts?

 

SOCIAL SECURITY

1. Do you know how much income your social Security will provide at the time you would like to retire? (You can go to www.ssa.gov to receive an estimate of your Social Security)

 

OTHER INVESTMENTS 

1. Do you have other retirement savings accounts? If so, please the type of account and approximate balance. (Pensions or 401(k)s from previous employers, IRAs, annuities, stocks, Bonds, mutual funds, CDs, savings accounts.)

 

ROTH IRA 

1. Do you have a Roth IRA?

a. What is the approximate balance?

b. How much do you contribute?

 

REAL ESTATE

1. Do you own real estate? If so, list each property, the approximate value, equity, and any positive cash flow from renters.

 

LIFE INSURANCE

1. Do you have Life Insurance?

2. If it is term insurance, how long is the term?

a. What is the amount of death benefit? When does it expire?

b. How much do you contribute?

3. If it is permanent cash value life insurance....

a. Do you know the type of insurance? (whole Life, universal life, variable life, indexed universal life)

b. Do you know the cash value balance?

c. What is the amount of death benefit?

 

LONG-TERM CARE

1. Do you have long-term care insurance?

a. If so, how much does it cost you each year?

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