“Comments from Clients

Most retirement accounts don’t have a solid plan for withdrawing funds every month .

You do not want to run out of money before you run out of breath.

The best plan of action is to take whatever savings you’ve accumulated , deposit it in an interest bearing account and spend the annual interest each year.

The golden goose lays a golden interest egg every year.

Eat or spend the Interest egg.

Don’t eat the goose!

Example:

You’ve saved $300,000.

You open an account that pays you 6% this year.

6% of $300,000 = $18,000 dollars interest. This is your budget for next year. Add that to your Social Security, own a place without a mortgage, and you can retire. You may supplement your income with a part time job.

If you have a good years, say 9% return, now you have $27,000 interest to spend next year.

The important concept is to make the interest first, then your principle will not diminish.

I met John about fifteen years ago.

He reviewed my Trust and suggested some changes for my Lawyer to make regarding Tax implications.

He has prepared my Income taxes for the last fifteen years.

He most often answers his phone,or is very prompt returning calls.

He’s never charged me for advice on any financial, tax, Medicare, Social Security, or any other thing I think he might know.

He advised me to get out of the Stock Market just before a major correction.

Now my accounts are safe from Stock Market fluctuations and earn annual Interest without the risk.

We have made enough interest together over the years to comfortably retire, and leave some substantial funds for my daughter and my grand kids.

Mimi B

I met John when he was the Chairman of the Board at the River North Business Association.

I was contemplating retiring, but wasn’t sure if I had saved enough and needed help deciding to take Early Social Security and how Medicare fit my plan.

John showed me the Golden Goose/ Egg plan, and turns out I can retire on my IRA/401K Savings.

Now I know how much I can spend each year and never worry about running out of Retirement money.

He also walked me through the Social Security/Medicare process.

Chris M

“I attended John’s Estate Planning dinner seminar 14 years ago, and Ive been a client ever since.

He prepares my taxes, protects my Retirement Accounts and guided me through the Social Security/ Medicare on boarding process.

I call him anytime I have financial questions.” Cheryl W

“I met John at Lincoln Park Savings Bank. He upgraded my old Retirement account which has now doubled in value.

I’m very happy about that!”

Colleen B