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Invest
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get $2,000, the ELI would have $10,000, the Variable annuity would get $20,000, and the remaining $16,000 would go into the aggressive growth funds. Rollings emphasized that she thought it best for Mike to begin a monthly investment discipline. “Even if it’s only $50 or $100 a month. That’s the way to wealth.”
• Case #2 is a family. Johnny Ray and Irene are in their 30s with one son, Kenton, whom they plan to send to college. They own their own home, with a $900 a month mortgage payment and are not carrying a lot of personal debt. Moderately conservative by nature, they want the money to be there when Kenton goes to State U. or a private college.
We asked Rick Chadwell of Wheat First Butcher Singer in Warrenton to advise Johnny Ray and Irene. Chadwell chose to do so in a narrative form.
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