WealthBuilder Receivables Program Success Story
Asset Type: Receivables
Eye doctor selling monthly receivables. Doctor had excess billings the collection of which were not required in the day to day management of his business and desired to build a retirement fund.
Purchase Price: $900,000 over 5 years ($15,000 * 60 months)
Tax Rate For Client: 39.6%
Distribution Schedule: No payments for the first 10 years. Then begining in year 11 Amortized payments through year 30
WealthBuilderTM Cash: $14,250 / monthly vs. $9,060 / monthly outside the WealthBuilderTM Program.
That is a WealthBuilderTM Advantage of $5,190 per month! That is an advantage of $1.12 M during the entire term!
| Article Highlights || |
|1st Objective: Income Replacement |
|2nd Objective: Retirement Planning|
|3rd Objective: Tax Management |
|$1.12 Million Advantage|