How to Not Run Out of Money in Retirement

A 5-step system to protect, grow, and maximize your retirement savings

Dear friend,

Are you worried about outliving your retirement savings?

You're not alone.

In this mini-book you'll learn exactly how to make your money last in retirement.

And I'm going to keep this pretty brief for you and get straight to the point.

In case we've never met, I'll give you the mercifully short, mandatory, self-aggrandizing introduction.

My name is Ryan Hart. I'm not some fancy Wall Street guy. Heck, I don't even like wearing suits.

I just like showing people how to make their retirement savings last a lifetime.

I'm a licensed insurance agent. And I work with clients in over 10 states.

Most of the people I talk to are successful doctors, lawyers, home builders, real estate investors, or business owners.

And I have enough sense to know that the last thing they want in retirement is to have to learn complex investing strategies in order to not run out of money.

When they retire they want to stop working so much and finally start living. And they don't want to spend their free time worrying about the stock market.

Which leads us to the first secret of making your money last in retirement.

Here it is:

Secret #1: Don't lose money.

If you want to NOT RUN OUT OF MONEY after you stop working, the first step is that you've gotta stay rich.

And you stay rich by not losing money.

And what's cool about this is if you really think about it for a minute, it takes a lot of pressure off of you and me.

Because we don't have to understand what's happening with the economy or keep up with the latest stock market news, or whatever. (Which is awesome, if you ask me.)

And to really prove that point, think about what got you here, right?

You didn't spend your entire career chasing "get rich quick" schemes.

You just put in the work day after day, you saved a little bit of each paycheck, and now you have a little nest egg that you're proud of. Nothing fancy.

But now you want to figure out how to make your money last a lifetime. So let's talk about that and how to actually do it.

If you're here, there are four roadblocks that are preventing you from not running out of money that I bet you have experienced or are currently experiencing. Either one or a combination of these four.

So roadblock number one is that you don't know who to trust.

Once you have money, everyone seems to have an opinion about what you should do with your money.

And the tricky part is that now that you have a bunch of retirement savings, more opportunities are available to you than ever before.

In fact, research shows that the number one reason the rich keep getting richer is because they have access to more and better ways to invest their money.

But none of these investments are guaranteed, because if they were, everybody would be rich. So there's always a risk.

Which leads me to number two…

Roadblock number two is that you're not sure when the next stock market crash is going to happen or how the economy will change your retirement plans.

And the truth is that nobody actually knows.

Because if you did, this whole "don't lose money" thing would be easy.

Here's why this is such a big deal:

If you happen to retire right before the next recession, a decade's worth of savings could disappear in a flash.

And if the economy doesn't turn around quickly, your retirement savings might not last as long as you had hoped.

The fancy Wall Street guys call this the "Sequence of Returns" risk.

I call it the law of "you never know what's gonna happen, and it'll probably happen at the worst time."

I know this is a real thing, because I've lived it. Maybe you have, too.

So if we don't know when the stock market will crash, then we should just keep our money under our mattress, right?

Well, that leads me to roadblock number three which is inflation.

We are living in a crazy time where everything just keeps getting more expensive. And every year you need more money to buy the same amount of stuff.

Inflation is basically a tax that no one votes for but everyone pays.

Even a little bit of inflation over time compounds into some crazy numbers in just 20 years:

• At 2% everything costs 33% more

• At 3% everything costs 45% more

• At 4% everything costs 56% more

What costs $1,000 today will cost about $1,486 in 20 years at just 2% inflation, and $2,191 at 4% inflation.

So one of the worst things you can do is keep all of your money under your mattress or in a low interest savings account.

Because in just a few years a dollar sitting in your savings account will only be able to buy 55 cents worth of stuff or less.

That means your savings might not be able to pay all of your bills later in retirement, like you might have expected.

But at least we'll still have Social Security checks coming in to help cover our expenses, right?

Well, the fourth roadblock is that we don't know what's going to happen with Social Security.

Social Security is the primary source of income in retirement for millions of people.

And it's not just for people that don't have retirement savings.

Even if you have $1 million saved for retirement, Social Security could still be over 50% of your monthly income.

But in a few years the Social Security Trust Fund will run out of money and benefits will have to be cut.

And we don't know exactly how Congress will fix this situation.

This is a big deal because if you were expecting Social Security to cover half of your monthly bills or more in retirement and it disappears, then you'll be forced to spend more of your savings just to pay your bills.

So we'll need to find another source of income in retirement that could make up for the loss of Social Security.

But the good news is that it might not be as difficult as it seems.

So, we're going to talk about how to fix all of these problems today.

And the very first step we need to take in order to solve these problems is to embrace secret number two which is that in order to make our money last we need a way to turn our money into more money.

Secret #2: Turn Money into More Money.

So, look, I know this probably isn't the only book you've read about retirement planning, and I respect that.

I know there's a lot of good stuff out there, by the way.

And I also know this, making your money last in retirement really has only two steps.

Step one, don't lose money.

And step two, turn your money into more money (without going back to work).

And that is really our entire system for never running out of money.

Now there's a little bit more stuff about that I will explain later, but that's really it. Those are the two main things.

And so, it's really a simple process. Don't lose money. And turn your money into more money. That sounds great.

So if it's so simple, then why is it so hard?

Why do we run into these four roadblocks all the time?

Well, the reason why is in something that I call the "Cycle of Doom."

I probably should come up with a better name for it, but it really kind of is a cycle of doom.

If your money gets stuck in this cycle, it's going to cause you a lot of problems in retirement.

It all comes down to a simple fact that one person's spending is another person's income.

And spending in the United States is controlled by interest rates.

When interest rates are low, life is good.

People can afford to buy houses, cars, and other stuff at affordable prices.

And when people start spending more money, then other people are making more money. That's because one person's spending is another person's income.

So the trend continues going up.

And when people have more money, they are willing to spend more to buy things. But prices get out of control.

Kinda like what's happening now.

Then the government steps in before inflation goes crazy.

So interest rates go up and spending slows down.

Then people make less and spend less. And then they make even less and spend even less.

And the stock market usually drops too. Because when people spend less, companies can't make money.

Then the government steps in again to pick things back up. And they lower interest rates.

But when interest rates are low, it means you make less interest on your savings.

And the problem is that when interest rates drop, the price of stuff is usually still high from inflation going up.

So you start to lose money because your bills are larger than your retirement income.

When you're working, these cycles happen all the time.

You might complain about grocery or gas prices going up, but you always find a way to make ends meet. And eventually, things even out.

But in retirement it's not that simple.

Since you're not working, you need to earn money from your money, no matter what's happening with the economy.

Now what if you could turn your money into more money without being stuck in this cycle of doom?

And instead of watching your money go up and down with the stock market or making pennies in a savings account, what if you could just pick an interest rate that beats inflation and just watch your money grow without all the drama?

That's where a fixed annuity comes in.

It is a multi-year guaranteed contract with an insurance company. They promise to pay a set interest rate, like 4 to 5%*, for a set amount of time, like 3, 5, 7, or 10 years.

It helps you break free from this "Cycle of Doom" by offering a guaranteed return regardless of what the economy is doing.

Pretty cool, right?

(Side note: interest rates can vary and are not guaranteed for the entire duration of your retirement.)

So, what I'm about to walk you through are the four steps to making your money last.

These are the four "core pillars" you need to have.

And if at any time you decide you want some help, brainstorming ideas on how to implement what I'm about to show you totally happy to help you.

Okay, so I'm about to go through a lot of stuff, and I'm going to do it relatively quickly out of respect for your time.

Here's the deal:

In order to make your money last you've got to have what's called the "core four."

These are the four critical things that you absolutely must have in order to:

• not lose money,

• turn your money into more money,

• and to make your savings last a lifetime.

And so, I'm going to tell you what each one is, and then I'll tell you what each one means.

Okay, so you're probably going to want to write this down:

#1: Turn Your Money into More Money.

#2: Keep More of What You Earn.

#3: Turn Your Savings into Income.

#4: Get More From Every Dollar

And so this is your "core four."

So, let's talk about how to turn your money into more money…