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Case Studies by The Summit Financial Group of Indiana

We have prepared sample case studies to provide potential and existing clients with a better understanding of our process works.


Mr. & Mrs. Notsure (Sample Case Study)


CURRENT:

  • Mr. Notsure is 66.  He’s retired and currently earns about $38,000 per year
  • Mrs. Notsure is 64.  She’s retired and currently earns about $41,000 per year
  • They have paid off their home worth about $275,000.00
  • They have 1 car loan for $245.00 per month with a balance of $21,450.00
  • They have $150,000 in their savings & checking accounts
  • He has an IRA valued at $598,986.00
  • She has an IRA valued at $475,567.00
  • They have 2 ROTH IRA’s valued at $55,000 each
  • They have 1 Joint Mutual Fund account with $80,000 in it
  • They live on about $2,875.00 per month and save the rest

 

They want to take less risk with their investments and not worry about outliving their money

 

NEW:

  • We created a Family Trust Document that allowed the passing of their wealth on to the next generation
  • We added $30,000.00 to their cash accounts and created a laddered CD portfolio
  • We established 3 college accounts for each of their grandchildren that we are able to make about $5,000 per year contributions into for each account and receive a tax credit
  • We protected a portion of their IRA accounts with a guarantee of 7% per year while still allowing for investment in the markets.
  • We invested a portion in Real Estate for a 7% dividend paid monthly (50-60% tax free)
  • We took a portion of their IRA’s to our pension model for conservative and consistent dividends
  • We took their ROTH IRA’s and placed them in the “Trending Model” for outpacing inflation.  Allowing 100% of gains to be tax free.
  • We Re-Allocated their Annuities to be able to achieve an 8% interest without any downside market participation to be able to prepare for a pension type income stream in retirement.
  • We created a tax deferred side account of $190,000.00 is cash that we can use tax free as a supplement for their income needs during retirement years.

 

Case studies are provided for illustrative purposes only to demonstrate to our typical investment processes and representative transactions. Information expressed does not take into account your specific situation or objectives and is not intended as recommendations appropriate for any individual. Readers are encouraged to seek advice from a qualified tax, legal, or registered investment professional to determine if any information presented may be suitable for their specific situation. Securities through Regulus Advisors,  LLC,  Member FINRA, SIPC. Investment Advisory services offered through Regal Investment Advisors, LLC., a SEC Registered Investment Advisor. Summit Financial Group of Indiana is independent of Regulus Advisors, LLC, and Regal Investment Advisors, LLC.

Summit Financial Group of Indiana, Inc is an independent financial planning firm with Investment Advisory Services offered through Global Financial Private Capital, LLC, an SEC Registered Investment Adviser


Mr. & Mrs. Needmore (Sample Case Study)


CURRENT:

  • Mr. Needmore is 63.  He’s retired and currently earns about $38,000 per year
  • Mrs. Needmore is 62.  She’s retired and currently earns about $41,000 per year
  • They have paid off their home worth about $135,000.00
  • They have 1 car loan for $245.00 per month with a balance of $21,450.00
  • They have $65,000 in their savings & checking accounts
  • He has an IRA valued at $298,986.00
  • She has an IRA valued at $375,567.00
  • They have 2 ROTH IRA’s valued at $45,000 each
  • They have 1 Joint Mutual Fund account with $70,000 in it
  • They live on about $2,875.00 per month and save the rest


They want to take less risk with their investments and also travel


NEW:

  • We created a Family Trust Document that allowed the passing of their wealth on to the next generation
  • We added $10,000.00 to their cash accounts and created a laddered CD portfolio
  • We established 3 college accounts for each of their children that we are able to make about $5,000 per year contributions into for each account and receive a tax credit
  • We created a travel account for $15,000 per year.
  • We protected their IRA accounts with a guarantee of 6% per year while still allowing for investment in the markets.
  • We took their ROTH IRA’s and placed them in the “PIM portfolio” for steady income stream thru dividends with a risk equivalent of a treasury & bond portfolio
  • We Re-Allocated their Annuities to be able to achieve an 8% interest without any downside market participation to be able to prepare for a pension type income stream in retirement.
  • We created a tax deferred side account of $190,000.00 is cash that we can use tax free as a supplement for their income needs during retirement years.

 Case studies are provided for illustrative purposes only to demonstrate to our typical investment processes and representative transactions. Information expressed does not take into account your specific situation or objectives and is not intended as recommendations appropriate for any individual. Readers are encouraged to seek advice from a qualified tax, legal, or registered investment professional to determine if any information presented may be suitable for their specific situation. Securities through Regulus Advisors,  LLC,  Member FINRA, SIPC. Investment Advisory services offered through Regal Investment Advisors, LLC., a SEC Registered Investment Advisor. Summit Financial Group of Indiana is independent of Regulus Advisors, LLC, and Regal Investment Advisors, LLC.


Summit Financial Group of Indiana, Inc is an independent financial planning firm with Investment Advisory Services offered through Global Financial Private Capital, LLC, an SEC Registered Investment Adviser