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1) Net Worth: Your total assets (like savings, 401k or IRA, stocks, or rental properties) add up to over $1 million. The only thing that does not count is the value of your primary home (the home that you live in full-time).
2) Income: You’ve earned at least $200,000 per year for the last two years (or $300,000 total combined income with your spouse or partner), and you expect to make the same or more this year.
* If you’re still uncertain if you qualify, please review the Accredited Investor Examples below.
Janice is a 73-year-old retired teacher and widow who spent over 40 years shaping young minds. After a lifetime of smart financial planning, she’s now focused on enjoying her retirement and ensuring her money lasts. Over the years, Janice and her late husband saved diligently. Today, she has the following assets:
1) $50,000 in a Savings Account
2) $790,000 in her husband’s inherited IRA
3) $260,000 in a Brokerage Account
4) Paid-off Rental Property with a $170,000 value
Janice qualifies just from her savings, IRA, and brokerage account totaling a $1.1 million net worth. With her additional rental property, she is well above the minimum qualification to access the GV Bonds opportunity.
Robert is a 68-year-old retired business owner, married to Betty, with 3 kids and 8 grandkids. After decades of hard work, Bob is now enjoying his retirement, spending quality time with his family, and ensuring his money works for him.
Even in his retirement, Bob receives income from the following sources:
1) $40,000 from Social Security
2) $65,000 from his Union Pension
3) $105,000 as an Electrical Consultant
Because Bob’s annual income is over $210,000 per year, he qualifies. Bob is now looking to step away from the consulting role and is interested in exploring GV Bonds to replace that income, allowing him to enjoy his retirement without financial worry.
1) Net Worth: When you add up your account totals, do you meet the net worth criteria of over $1 million like Janice does?
2) Income: Do you meet the annual income criteria of at least $200,000 per year like Robert?
Disclaimer: The scenarios above feature fictional characters created solely as examples to help illustrate the criteria for working with GV Bonds. They do not represent actual investors or clients of Grand Vision Bond Partners.