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Developing a plan to
pass off the business Being able to retire
soon
Barry
Maximizing
retirement income
WHAT IS IMPORTANT TO AUDREY?
Audrey
51 72
BARRY & AUDREY’S CURRENT BUDGET
Income $340,000
Expenses ($183,000) Discretionary
29%
Surplus $157,000
Living Expenses
71%
BARRY & AUDREY’S RETIREMENT BUDGET
Income $95,000
Expenses ($159,000) Discretionary
34%
Shortfall ($64,000) Living Expenses
66%
BARRY & AUDREY’S BALANCE SHEET
Real
Estate + Portfolio - Liabilities = Net Worth
3. Liquidity concerns.
Rental
Income
$40,000
+ Social
Security
$45,000
+ Portfolio
$93,568
= $
Total
Income
$178,568
1,2 & 3: Yields are for current portfolio yields as of 4/30/18. Please see disclosures at the end of this presentation for security risks.
GOAL BASED RECOMMENDATIONS
FOR BARRY & AUDREY
Maximizing value of
Asset allocation
estate
• Update investments to reflect more
• Use IRA assets to meet legacy planning conservative mix of dividend paying
goals to charities and non-profits stocks and bonds
• Non-qualified assets could be left to
• Create more diversification to reduce
family who would receive step-up in
portfolio volatility
cost basis
Disclosures:
1. Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values
will decline as interest rates rise and bonds are subject to availability and change in price.
2. The payment of dividend is not guaranteed. Companies may reduce or eliminate the
payment of dividends at any given time.
3. The information in this material is not intended as tax or legal advice. Please consult legal
or tax professionals for specific information regarding your individual situation.
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