CASE STUDY

How This Professional Closed a $100,000 Retirement Income Gap

At age 43, this high-income professional discovered a projected six-figure retirement income gap and wanted to explore strategies designed to maximize the next 15 years before retirement.

OBJECTIVES

At age 43, this high-income professional discovered a projected retirement income shortfall of approximately $100,000 per year based on their desired retirement lifestyle.

While they had accumulated meaningful assets and consistently saved for retirement, traditional contribution limits alone were unlikely to close the gap. With approximately 15 years until retirement, the goal was to identify opportunities to accelerate retirement accumulation, improve income efficiency, and strengthen long-term retirement readiness.

STRATEGY

Following a comprehensive review of the client’s financial picture, several planning opportunities emerged.

One area explored was a bank-financed retirement strategy designed to help high-income professionals enhance long-term accumulation by combining personal contributions with institutional capital. The objective was to potentially create additional retirement income sources while maximizing the client’s remaining working years.

As part of a broader retirement plan, discussions also included tax diversification, portfolio alignment, risk management, and retirement income planning. The strategy was not intended to replace traditional retirement planning, but rather serve as one component of a more comprehensive retirement roadmap.

OUTCOMES

Enhanced Accumulation Potential

The client gained access to strategies designed to increase retirement accumulation opportunities beyond traditional contribution limits.

Improved Retirement Income Outlook

The planning process identified opportunities capable of helping address the projected income shortfall while maintaining alignment with long-term goals.

Greater Retirement Confidence

Most importantly, the client gained clarity around available options and a roadmap designed to help improve retirement readiness over the following 15 years.

AT A GLANCE

Challenges

  • Projected $100,000 annual retirement income gap
  • Traditional retirement account contribution limitations
  • Growing concerns regarding future taxes
  • Desire to retire by age 60
  • Need for enhanced accumulation opportunities
  • Limited ability to dramatically alter lifestyle or spending habits

Benefits

  • Enhanced retirement income projections
  • Greater accumulation potential
  • Additional tax diversification opportunities
  • Improved retirement readiness
  • More efficient use of peak earning years
  • Increased retirement confidence

“Many professionals assume retirement planning is something you revisit five years before retirement.

In reality, the most powerful planning opportunities often exist 10 to 20 years before you ever leave the workforce.”

Michael Henry, CRC

Partner, M&M Wealth Associates

Could This Apply To You?

Many individuals approaching retirement discover gaps, risks, or inefficiencies they didn’t know existed. The earlier these issues are identified, the more planning opportunities may be available.

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