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Step #1 |
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Size up the
Nest Egg |
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How much is available in savings,
investments, pensions, and retirement accounts? $____________ |
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Step #2 |
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Size up the
Monthly Expenses |
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Add up post-retirement monthly fixed
expenses using the worksheet to the right
(print
PDF). Then
subtract the monthly Social Security retirement check.
$____________ |
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Step #3 |
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Request an Immediate
Income Annuity Quote to cover net monthly Expenses. |
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We’ll take the net expenses from step
#2 and shop for the best deal on a fixed immediate income annuity
which will provide a guaranteed monthly paycheck equal to Net
Monthly Fixed Expenses.
With fixed expenses covered on a
guaranteed basis you are now able to invest the remaining nest egg
with peace of mind in accordance with your client’s risk tolerance.
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Monthly Expense Worksheet |
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Expense |
Amount |
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Mortgage / rent |
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Home-equity loans |
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Car loan(s) |
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Taxes |
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Life Insurance |
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Long Term Care Insurance |
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Auto Insurance |
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Homeowners Insurance |
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Health Insurance |
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Heating |
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Electricity |
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Telephone |
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Water and sewer |
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Automobile |
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Clothing |
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Food and beverages |
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Medical / dental |
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Charity |
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Emergency fund |
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College fund |
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Travel fund |
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Miscellaneous |
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Total Fixed Expenses |
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Subtract Social Security Check |
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Net Monthly Fixed Expenses |
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Click for PDF of Expense Worksheet |
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