Intelligent, common-sense, conservative, family-focused financial mindset. Wanted to retire with a comfortable income from assets while keeping asset shrinkage to a minimum. Other important goals included setting aside significant gifts for the kids and grandkids, financing large family one-of-a-kind vacations, and extensively remodeling their new primary residence in Florida.
A multi-tiered investment portfolio that included managed stock accounts, overfunded life insurance as a bond equivalent, and selected AAA+ annuities with a guaranteed lifetime income. This custom combination of activities generated a significant percentage of tax-free income which, 15 years later, has allowed his net worth to experience zero shrinkage.