The Smith’s take an Early Retirement!!!

The Smiths were owners of a cheese company and had a substantial and well-performing portfolio. They’d worked hard, added a few unique, specialty kinds of cheese, and ended up doing very well in the business. At 65, Belle was getting ready to retire, and Bert, six years younger than Belle, thought he was going to have to work a few more years.

They’d worked hard, added a few unique, specialty kinds of cheese, and ended up doing very well in the business. At 65, Belle was getting ready to retire, and Bert, six years younger than Belle, thought he was going to have to work a few more years.

At 65, Belle was getting ready to retire, and Bert, six years younger than Belle, thought he was going to have to work a few more years.

 

What they wanted to do was to visit the ten children they sponsored through various ministries around the world. They’d been to visit each one at least once already, and were ready to make another visit to each child.

 

Then, they also wanted to spend their retirement free time working at their church’s summer youth outreaches and unwed mother’s home and the after- school tutoring program their community.

We joked with them that they were essentially retiring so they could go to work.

This couple was really committed to helping youngsters wherever they could.

 

At any rate, we sat down with their portfolio to see where they were.

At the end of the DREAM Retirement Process, we ended up taking out about 75% of the risk and establishing it to set a regular income that let them do their traveling and community work.

 

After that, it turned out that Bert needed to work only three more years instead of the six he had anticipated.

They were able to sell the company, and on the income plan they’d established, they went to see their children and pour themselves into their community.

 

“The DREAM Retirement process has allowed us to really live our legacy out in retirement and also ensure that our impact will be felt for years after we are gone…” Bert and Belle wrote in a thank you note. “Now we are confident that we will have the freedom to accomplish our retirement goals and the peace of knowing our ‘kids’ will be the benefactors of all our hard work, leaving Uncle Sam out of the equation.”

 

Michelle Bertram and Beverly Bertram are financial advisors living in Mineral Point WI and serving the surrounding communities. Michelle Bertram does financial planning for retirees along with business consulting. Beverly Bertram specializes in retirement planning and income planning for her clients. Michelle Bertram and Beverly Bertram are authors of the book, Creating You DREAM Retirement and creators of the DREAM Retirement Process.
Serving Madison WI, Verona WI, Mount Horeb WI, Barneveld WI, Dodgeville WI, Dubuque IA, Platteville WI, Lancaster WI, Cuba City WI, Fennimore WI, Darlington WI, Monroe WI, Spring Green WI, Black Earth WI and beyond.

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