Frank (78) & Mary (72) Piotrowski

Both retired, but Mary works part-time with her passion for music

Family

6 Children - 13 Grandchildren

Financial Objectives:

Increase Cash Flow

Protect $147K IRA

Pay as little TAX as possible

Already retired

Stay at home

Taking care of Frank's healthcare

Music for Mary

Income Goal:

Current Income is $4,252 / month

Bills are $3,500 / month

Leaves $752 / month for groceries

Would like to increase the net after bills are paid

Increase Cash Flow

Having Money Last

Paying off debts

Healthcare

Will was updated 10 Years ago

Frank & Mary's needs come first

Anything left over will go to family

Frank & Mary are dealing with Frank's Stroke

Medications, while inexpensive, add up!

No Long-Term Care Insurance

Self-Preparer/No Tax Planning

Tax Liability

IRA - $147,000

95% of Savings Tax-Deferred

Current Tax Bracket - 10%

Explore ROTH Conversions

Ideal Portfolio

Safety

Income - $568 / month

-10% Max Loss

$1,600 of Annual Fees

They are "Active" managers

USAA managed

Minimized RISK Make Money Last