Case Studies
Rich and Luanne
Ringler helped Rich and Luanne turn their settlement into a guaranteed, tax-free income stream — filling the gap left in their retirement plan.
Rich had a green light and didn’t see the truck until it was too late. But a strong work ethic and Luanne’s support made for a good recovery. Their biggest challenge? What to do with the settlement money.
They needed safe and reliable retirement income and wanted extra funds each year for travel and gifts for the grandkids.
Rich and Luanne needed to turn capital into income. They opted for a structured settlement because it was safe and income tax-free. They will receive monthly income for the next twenty years and an extra payment each November. That was Luanne’s idea – to make sure the money is there to travel and for a little holiday shopping for the grandchildren.
Bethany
With a structured settlement from Ringler instead of a lump sum, Bethany was able to pay for college and is now saving toward her first home.
The dog had never bitten anyone before, until Bethany. At 8-years old she didn’t need the cash. At 18, she might not be ready for it all. Bethany’s mom wanted the settlement to make a real difference for her future.
Bethany needed money for college, a down payment for her first home, and time to become financially secure.
Bethany’s plan is simple: four annual payments to help with college and two cash payments – one at age 25 and one at age 30. She has a degree, a house, and she is working on plans for what to do with the last payment when it comes. Whatever she uses it for, she has a good head on her shoulders. It might even start an investment fund for her children’s education. Thanks Mom!
Dave and Mary
When another advisor’s promises didn’t hold up, Ringler helped Dave and Mary secure a guaranteed, tax-efficient structured settlement.
Dave usually had the answer to everyone’s questions on the job site. He doesn’t remember his fall. Now his short-term memory loss makes him the one asking the questions. He can work, but not in the same job or with the same pay.
Dave and Mary needed supplemental income and retirement enhancement.
Dave and Mary took a portion of their settlement in cash to pay off some debt they accumulated after the accident. They also decided to create a guaranteed lifetime income plan for Dave, taking advantage of the tax benefits available in a structured settlement. With that in place, they felt better about placing the remaining funds in a combination of non-guaranteed investments. This plan helped get them back to where they were financially and allow for an earlier retirement than they had planned. Dave likes the early retirement. Mary likes knowing that even if she isn’t around, Dave will be okay.
Susan and Mike
After a life-changing accident, Ringler helped provide Susan and Mike with a structured settlement, ensuring guaranteed monthly income and lasting peace of mind.
What was supposed to be a simple surgical procedure left Susan without the use of her legs. It left her family without her income and with many new expenses that were never a part of the family’s budget.
Susan and Mike need income replacement and money to pay for medical expenses as well as modified vehicle replacement and college funding for children.
Susan and Mike set aside some of the settlement in cash for immediate expenses and an emergency fund. Then they chose a plan to provide monthly payments for Susan’s life, helping cover ongoing medical expenses and replace lost income. On top of that, they will receive larger lump-sum payments every five years to help with replacing vehicles. Additional annual payments during their children’s college years complete the picture and should allow them to sleep well at night as their family moves forward.
