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

Digging In

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 61.5
Target Retirement: Age 62
Annual Income: $290k combined
S.S. Benefits: $2300/mo
Pensions: $5,000/mo
Income: $15,000/mo in retirement
Assets:
Checking- $56,000
Savings- $150,000
Non-qualified Account- $500,000 w/$30k annual contribution
401ks- $2M total w/maximum contributions
Roth IRA's- $30,000
John's previous video on Roth Conversions:
https://youtu.be/-f3osmAcHOo
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