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You -- Brothers Ryan Tyson back -- you are with.
Bus well planned retirement solution -- retirement advisement company and you also an article for Fox Business with this great where you compared the strategy and Brad Pitt's movie.
Money ball to -- should think about your golden years.
So we'll start with -- -- -- learn you know absolutely we look at.
With money ball Brett Pitt plays Billy -- and he says we need to stop say assault in the same problems the same way.
And we really believe that that same principle.
Applies to your financial.
Retirement as well OK so what do you suggest that week.
Well specifically there's there's a couple of things that we can talk about first.
The biggest thing is a contract needs to be contract complacent and so we talk about back contract of stopping solving problems the same way.
We need to focus on there's only 20% of all Americans that are nearing retirement how to contract in place -- -- with pensions and so how -- we do that we can get up for some public fixed index annuity.
See happen and what -- and whatnot that -- and.
So if you look at the contract terms there's lots of different types of -- we look at three main terms number one is not lose any of your principal value that you put in your plans that you're -- That's and never lose money that's rule number one -- humor and a half half -- -- well it's becomes an education.
And I and rule number two with that is.
Have the ability to have games to beat inflation is of course you can have a very conservative game but that doesn't beat inflation inflation now and -- my top 3%.
-- -- -- -- -- -- -- -- Isn't it if inflation -- -- And -- need sepia you have what it there's different.
And Andy and look at you know what we look at -- have a minimum return of at least three to 4%.
It gives you the ability -- outpace inflation to compound it so then -- people say he should have.
In recent nine dollars that -- that career -- years that you have to do it right any depth or percent less pain every year.
You know you look at that number a million dollars and we look at a little bit different.
And that comes back to stopping solvency problem segment.
And that really bring back to.
That -- really what it what it comes down to use.
You've got take care of your needs first we recommend making sure you have enough income guaranteed income the covers those needs.
And being able to have it income stream you or your partner cannot out.
So even -- for a couple or for one.
You know there it that's all over the board we hear lots of things people say -- million dollars -- that a lot of it depends on death.
I have a more -- somebody has the more that they're going to need as domestic to build the -- from but the key again is by contract -- guaranteed paycheck for life that they.
The spouse neither spouse -- around left and wanna be on the contract terms here is untapped growth.
So what that means -- we have the ability to not lose money then is the index goes up there's different indexes the S&P 500 index.
Commodity index is you can -- this growth different indexes.
And it's actually not in the index that growth allowed you to have those gains in the compound.
And that is what increases your retirement income.
Through so make sure you don't.
And -- paints.
When you talk about these are all over the board depending on what you have there's some that are out there that there -- highest for.
But there's a lot there as low as one half -- -- And so as the -- becomes educated there it really becomes incumbent to make sure that they keep more.
Of their own money by having -- he's obviously right when people when he sit down people went what is the most common question.
They don't want to run out of money you know most people I didn't -- them.
Yes they are there and and what we look -- as.
How do we maximize Social Security income -- the -- receiving first -- because there are ways to -- like so what you look at is -- security and they affiliate.
-- there's only three ways and early.
A -- or delayed retirement the fact is.
There's different style slap locations and different things that you can file to maximize what you see from social security and then from there.
Mean these other retirement assets and doesn't need to be a million dollars to guarantee that you can have those income streams out of the -- security provide stress free time.
And that's why people need to paint get the timing it's like you look in their back pockets not.
Yeah I read the Social Security -- what's the fear that it won't be innings in a couple of decades.
You know that's a great question that's another common question when we sit across the table from a client today asking for the most part we saw on the last election cycle bit.
Both parties were basically -- 55 and older you don't really need to worry.
Somebody younger than that may need to.
And I -- -- don't change way.
We did that we definitely need to have a big enough mistake somewhere else to protect and make sure there's multiple income streams come -- every time.
You can't plan anything before we.
Let -- here.
You know it is really comes down to when you look at retirement planning almost three rules rule number one don't lose principal rule number two.
Be able to have games -- inflation rule number three make sure you've got a contract for your time him.
Thanks so much.
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