Meet Kathy
Meet Kathy
Retired Executive Director
Looking to simplify retirement planning
KATHY’S ISSUES:
Kathy is 62 years old and recently retired after a successful career as an executive at a large corporation. For years, she navigated high-stakes decisions, oversaw complex projects, and managed large teams. While Kathy enjoyed the challenges and rewards of her career, retirement has brought a new set of complexities.
Too Many Investment Decisions
Now that she’s retired, Kathy finds herself overwhelmed with the many financial decisions she needs to make. She has a large investment portfolio that includes a mix of stocks, bonds, and mutual funds, but managing it all feels like a full-time job. She worries about the market’s volatility and the constant need to stay on top of her investments. There’s no longer a paycheck coming in every month, so she needs her money to work for her in a way that ensures long-term financial security.
She Needs Simplicity and Stability
While Kathy is financially secure, she’s starting to feel the weight of trying to manage her wealth, and she’s not sure how to simplify it all. She doesn’t want to spend her retirement years constantly monitoring the market or worrying about the next downturn. She also wants to leave a legacy to her children and grandchildren but doesn’t know how to balance that with her need for income today.
KATHY’S SOLUTION:
Financial Freedom with Predictability
Kathy realizes that to fully enjoy her retirement, she needs to move some of her assets into more stable and predictable income sources. After consulting with her financial advisor, she learned about Structured Settlement Annuities (SSAs), which offer guaranteed, predictable returns and allow her to lock in a reliable income stream for the future.
Diversifying Into SSAs
Kathy decided to allocate a portion of her investments into SSAs, for monthly income to cover the next several decades of her retirement. This provides her with peace of mind and certainty. The SSAs will allow her to enjoy a consistent income to cover her living expenses, healthcare, and lifestyle choices without the need to constantly monitor the markets.
Legacy Planning
Kathy included her SSAs for legacy planning. She created a strategy to pass down some of her wealth to her children and grandchildren in a tax-efficient way. With the guaranteed income from her SSAs, she knows she’ll be financially secure for the rest of her life, while also ensuring her loved ones are taken care of in the future.
KATHY’S NEW LIFE
With a more predictable income stream and a simplified financial strategy, Kathy is now enjoying retirement on her own terms. She’s able to focus on what truly matters—spending time with family, traveling the world, and enjoying her well-deserved break from the high-pressure life of an executive. By diversifying her portfolio and securing guaranteed income through SSAs, Kathy has found a way to enjoy her retirement with peace of mind, knowing that she’s set up for both short-term financial needs and long-term legacy goals.
