Have a PENSION? Read this to maximize your retirement income.

ATTN: Public Employees 👮‍♂️ 👩‍🚒 👨‍🏫

ATTN: Boeing and other Union members.

You don’t have to choose between the highest income and protecting your spouse. 

BLUF (bottom line up front): There are ways to take the most income, and make sure your spouse is taken care of and you leave something behind.  Boeing case study video at the end 👇📽️.

If you don’t have a pension you will be a hero to someone who does if you forward this to them.

Because I specialize in working with first responders and public employees, all retirees with a pension face the same dilemma (here’s looking at you Boeing and other union members ✈️.)

The conversation is always the same…

“This sucks 😣 , if I take the highest pension, my family doesn’t get anything when I die…I guess I’ll settle for the lower amount….”

Here is the thing.

I believe people who work hard deserve to live the life they want. I spent too long on the police department around the opposite.

So when it comes to what tools we use to generate passive income in retirement…it matters.

Typically, the formula looks like this for people with a pension:

1️⃣ MAX pension: stops when you die.

2️⃣2/3rds pension: stops when the last spouse dies.

3️⃣Typically there is nothing left for the kids.

❗Done correctly this does not have to be the case❗ There are tools available that can produce more income (getting near the max) while at the same time providing income for survivors and leaving money behind for heirs.

This is not for everyone❗. There is nothing wrong with taking a traditional pension option, and there are advantages and drawbacks to everything that need to be clearly understood. But with my clients that have elected to use some other outside-the-pension tools, the feedback I get is that they love having their cake and eating it too.