Case Study: Retiring in Six Months - Digging In - Rooted Wealth Advisors

Digging In is presented by Rooted Wealth Advisors and strives to establish a deeply rooted connection to your family, your finances, and your legacy.We're changing gears today on the Digging In Podcast. Investment Advisor Representative, John Savarino, gets into the details on a case study for a couple that the team at Rooted Wealth Advisors was able to help prepare for retirement. Let's dig on in to John and Jane's retirement plan and see how the team helped prepare them to retire on the short horizon with confidence.Notes on the Numbers:John and Jane, both age 61.5Target Retirement: Age 62Annual Income: $290k combinedS.S. Benefits: $2300/moPensions: $5,000/mo Income: $15,000/mo in retirementAssets:Checking- $56,000Savings- $150,000Non-qualified Account- $500,000 w/$30k annual contribution401ks- $2M total w/maximum contributionsRoth IRA's- $30,000John's previous video on Roth Conversions:https://youtu.be/-f3osmAcHOoHave a question you want answered? Send them to [email protected] our website: https://www.rootedretirement.comFollow us on social media:Instagram - https://www.instagram.com/rooted_retirement/Facebook - https://www.facebook.com/rootedwealthadvisorsLinkedIN - https://www.linkedin.com/company/rootedwealthadvisors------Opinions expressed herein are solely those of Rooted Wealth Advisors, unless otherwise specifically cited.  Material presented is believed to be from reliable sources, but no representations are made by our firm as to another parties’ informational accuracy or completeness.  Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that any statements, opinions or forecasts provided herein will prove to be correct.  All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation.Past performance may not be indicative of future results. Indices are not available for direct investment. Any investor who attempts to mimic the performance of an index would incur fees and expenses which would reduce returns. Securities investing involves risk, including the potential for loss of principal. There is no assurance that any investment plan or strategy will be successful.