” Jayne: Maximizing Net Cash Flow

Do you know the biggest financial threats you are facing right now?

Creative Planning Strategies

2020-11-19T17:31:12-05:00

Do you know the biggest financial threats you are facing right now?

https://cpsnyc.com/testimonials/thought-2-biggest-financial-threats/

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 is an expert in his field. He pays attention to detail, he has absolute integrity. He is passionate, knowledgeable, and he takes a genuine interest in achieving the best for his clients.”

Randi Woythaler
Retired Independent Investor

Creative Planning Strategies

2020-10-26T19:55:39-04:00

Randi Woythaler
Retired Independent Investor

“Scott is an expert in his field. He pays attention to detail, he has absolute integrity. He is passionate, knowledgeable, and he takes a genuine interest in achieving the best for his clients.”

https://cpsnyc.com/testimonials/randi-woythaler/

Creative Planning Strategies

Registered representative of, and securities offered through Hornor, Townsend & Kent, LLC (HTK), Member FINRA/SIPC, 600 Dresher Road, Horsham, PA 19044. 800-873-7637, www.htk.com. HTK is a wholly-owned subsidiary of The Penn Mutual Life Insurance Company. Creative Planning Strategies is unaffiliated with HTK. HTK does not offer tax or legal advice. Always consult a qualified adviser regarding your individual circumstances. Our representatives are licensed to offer insurance and security products in our resident state of NY, in addition to many other states. For additional licensing information please contact our office. This is not an offer or solicitation of products and/or services in states where not properly licensed and/or registered.
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