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| Class Dismissed. Retirement is Here. You've worked hard for your money. Its time to put your money to work for you. Call us to find out how we can help ensure you will have enough guaranteed lifetime income to live the retirement you want. Teachers First Financial 800-593-2275 |
| Teachers First Financial 72 Sharp Street Suite A2 Hingham, MA 02043 (781) 331-2275 (800) 593-2275 |
Teachers First Financial ... "The Retirement Resource for Massachusetts Educators" |
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Ron age 65
NON-GUARANTEED INCOME FROM SAVINGS OF $100K
NON-GUARANTEED INCOME FROM SAVINGS OF $100K
Ron from year 5 on receives non-guaranteed income of
$4,400/yr with 90% probability he will run out of money
with in 30 years
$4,400/yr with 90% probability he will run out of money
with in 30 years
Bill age 65
GUARANTEED INCOME FROM SAVINGS OF $100K
GUARANTEED INCOME FROM SAVINGS OF $100K
Bill from year 5 on receives guaranteed income of $4,500/yr
with an option for increasing guaranteed income throughout
later years. The longer he waits to withdraw – the greater his
income for life
with an option for increasing guaranteed income throughout
later years. The longer he waits to withdraw – the greater his
income for life
Ex: During year 12 Bill is receiving $12,849 guaranteed
paycheck for life while Ron is left with a paycheck of $4,400
non-guaranteed. Anytime before the income option is active,
Bill can receive a full refund of his $100K
paycheck for life while Ron is left with a paycheck of $4,400
non-guaranteed. Anytime before the income option is active,
Bill can receive a full refund of his $100K