Wholesale Income And College Funding
Wholesale Income to the rescue again.
When it comes to funding a college education, there's a new tool that can help. It's called Wholesale Income™
Here's an example:
Bill retired in his mid-50s. With two sons in high school, he faced the prospect of paying for college education while simultaneously supporting his own retirement.
Bill used deferred Wholesale Income payment stream contracts to shield his retirement assets during the time period when his kids would be applying for college and student loans. His analysis of student aid was that retirement assets were not subject to student loan and parental qualification calculations. (Do you own research- we can’t verify or offer advice on this strategy, so this is explicitly for example purposes only.)
Bill’s analysis was that if he put his money into fixed payments, they would not be part of his family assets for loan calculation purposes. He thought this would give his kids a better chance to get student loans, yet he would not lose control of his assets and his future income.
He calculated that when his kids graduated from college, his retirement assets would start paying out, and at that time he could decide if he wanted to help them pay off their college. He wanted to make the decision, and not have the decision made for him by the colleges that his kids chose to attend.
By picking good contracts, Bill turned $350,000 of savings into $600,000 of fixed future income, in a retirement vehicle that he believed would not be calculated for student loan purposes.
Again, please do your own research- we can’t verify or offer advice on this strategy, so this is explicitly for example purposes only.
Here's another example of how Wholesale Income might help:
Deferred Lump Sums For Retirement Security
John is a diligent saver. He practices long-term buy-and-hold stock picking, long-term real estate investing, and discovered Wholesale Income deferred income payments as an alternative, safe way to turn a relatively small amount of money into a large amount of money over time.
John purchased four small lump sums totaling less than $100,000, but maturing from 25 to 40 years in the future. These 4 deals pay out a total of over $341,000, and his blended rate of return is over 4.1%. By making four smart decisions, John used a portion of his savings to create a long-term legacy for his new family, or for his own retirement.
And most importantly, he faced no risk of loss of principal in the intervening years. Even with his diligent stock picking, he had endured losses in the past, and he saw that deferred Wholesale Income payment streams were a great way to avoid that in the future.