” Jayne: Maximizing Net Cash Flow

What are your biggest financial challenges today?

Creative Planning Strategies

2020-11-19T17:33:04-05:00

What are your biggest financial challenges today?

https://cpsnyc.com/testimonials/thought-4-biggest-financial-challenges/

Creative Planning Strategies

Jayne: Maximizing Net Cash Flow

At 65, Jayne had recently retired from a successful career as a corporate executive. She was widowed with one married daughter and two grandchildren. She was also apparently financially secure, with a net worth of $15 million. But Jayne wanted greater certainty that she would be able to enjoy a sufficient income in retirement and at the same time provide a significant legacy for her daughter and grandchildren after her death. Her CPA suggested she talk to CPS.

Financial Overview

Jayne’s assets were allocated among muni bonds ($4M), stocks ($3M), investment real estate ($4M), her home ($3M) and cash ($1M). In addition, she was receiving $500,000 per year in a ten-year deferred compensation plan, as well as $180,000 for life through an annual defined benefit plan. Some of Jayne’s biggest worries centered on those two income sources. The deferred compensation plan would run out after 10 years and the defined benefit plan would end at her death. Jayne’s dilemma was to either leave a smaller legacy to her daughter and grandchildren or to spend less of her own money. Furthermore, she did not want to saddle her daughter or grandchildren with significant estate taxes and related costs.

The 3D Wealth™ Difference

By implementing a comprehensive 3D Wealth™ strategy, Jayne avoided having to make a difficult choice between her two objectives. With little or no additional out-of-pocket outlay – or any negative financial impact to Jayne – we generated tremendous results:

Enhanced net retirement cash flow for Jayne’s daughter
Greater legacy for Jayne’s grandchildren
More estate tax efficiencies for all three generations
Additional financial freedom for Jayne

“Scott consistently demonstrated how effective his strategy could be for me. He allowed me to understand how I could really have it all; the protection and the savings that I was looking for at the same time. He provided me with strategic recommendations that held up to every analysis that I put them through.”

Paul Becht, CPA
Partner
Margolin, Winer & Evens, LLP
Certified Public Accountants and Business Advisors

Creative Planning Strategies

2020-10-26T19:56:39-04:00

Paul Becht, CPA
Partner
Margolin, Winer & Evens, LLP
Certified Public Accountants and Business Advisors

https://cpsnyc.com/testimonials/paul-becht-cpa/

Creative Planning Strategies

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