Farming Couple Approaching Retirement

A farming couple in their mid-50s sold their livestock and quota for more than $1 million and needed to invest their money to generate a monthly income. They enjoyed living on their farm and wanted to maintain that lifestyle.
Our team created some retirement income projections and determined that if their investments were geared primarily to generate regular income and preserve capital, it was feasible to stay on the farm. Their portfolio was constructed based on their income needs and we now deposit a fixed amount electronically to their bank account each month.
In the five years that we have worked together, they have enjoyed income certainty and we've also been able to grow the portfolio. They have paid our team the ultimate compliment by introducing some of their friends who are going through the same situation.