Professional Documents
Culture Documents
The High Stakes of Leaving A High-Tax State: Lifetime Income Case Study
The High Stakes of Leaving A High-Tax State: Lifetime Income Case Study
The High Stakes of Leaving A High-Tax State: Lifetime Income Case Study
Donald
Sheryl
48 52
DONALD & SHERYL’S CURRENT BUDGET
Income $260,000
Expenses ($230,000) Discretionary
30%
Surplus $30,000
Living Expenses
70%
DONALD & SHERYL’S RETIREMENT BUDGET
IF RESIDING IN CALIFORNIA
Income $170,000
Expenses ($227,000) Discretionary
28%
Shortfall ($57,000)
Living Expenses
72%
DONALD & SHERYL’S RETIREMENT BUDGET
IF RELOCATING TO ANOTHER STATE
Income $170,000
Expenses ($205,000) Discretionary
32%
2%
15% Asset Allocation
Stocks
48% Bonds
Cash
35% Hard Assets
DONALD & SHERYL’S FINANCIAL PLAN CHALLENGES
Pension
$121,000
+ Social
Security
$49,000
+ Portfolio
$53,504
= $
Total
Income
$223,504
1,2 & 3: Yields are for current portfolio yields as of 4/30/18. Please see disclosures at the end of this presentation for security risks.
GOAL BASED RECOMMENDATIONS
FOR DONALD & SHERYL
2. The payment of dividend is not guaranteed. Companies may reduce or eliminate the
payment of dividends at any given time.
3. The information in this material is not intended as tax or legal advice. Please consult legal
or tax professionals for specific information regarding your individual situation.
(858) 487-3939
We’re happy to speak with you.