Generational Wealth
Generational Wealth
Don't Spend Your Nest Egg - Pass it Along
A better approach to retirement
Why spend down your hard-earned retirement capital when you can live comfortably from the income stream and pass along the money to your next generation?
A better approach to retirement
Why spend down your hard-earned retirement capital when you can live comfortably from the income stream and pass along the money to your next generation?
Live comfortably
Give Generously
Generational Wealth Basics
Generational Wealth Basics
Step 1: Save for Retirement
Saving adequate money for retirement is a logical first step to passing along that money to the next generation. For most people, this is accomplished through many years of saving and investing money from working or other income sources. If you'd like help with this step, please don't hesitate to contact us. Our portfolio manager will be happy to suggest suitable investments via consultation, or even manage your portfolio for you.
Step 2: Income Stream
This is where we come in. We use a combination of risk management, selective allocation, and additional specialized tools to produce a "boosted" income stream that can provide a comfortable and permanent income stream. We do not estimate mortality or use actuary tables, and this is not an annuity. If you happen to shatter the record for longest life, your income doesn't go away. It can even increase if you like. The income continues as long as the portfolio is active, as the principle is not being depleted.
Step 3: Designate recipients
Once you've seen the power of income streams without capital depletion, you'll want to designate a beneficiary to receive the continued income or gift the balance of the investment portfolio to a person or entity of choice. This could be a spouse, child(ren), a charity of your choice, etc. The choice is yours alone to make. If they continue the tradition, their heirs will begin life with a multiple of the money you left them. And so on, and so on. Hence, generational wealth.
Frequently Asked Questions
How much money do I need?
This is a factor of your financial needs post-retirement. Many people have very different needs before and after retirement.
Is my money safe?
Yes, very much so. The custodian is Interactive Brokers, LLC, a well-known and respected custodian and broker.
Do you have access to my retirement funds?
We maintain the access needed to transfer funds INTO your bank account. We do not, and will never have, access to withdrawals OUT OF your account, with exception to our monthly fees.
I'm risk-averse. Is this for me?
Yes! Traditional retirement models have investors in stock funds, sometimes weighted as high as 50-60%. We do NOT believe that is prudent in a retirement account. Your portfolio will likely only have 10-20% stock exposure.
If this is so great, why isn't everyone doing it?
Most advisors and all but a handful of self-directed investors don't know about, understand, and use the tools we use to boost the portfolio returns. As such, it seems impossible to create an attractive income stream from the available funds. As to why most advisors suggest drawing down the principle of the account, it's the same reason mattresses and appliances are 50% off for Veterans Day. Logical? No. Traditional? Oddly, yes.