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Million Dollar Baby

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Million Dollar Baby Million Dollar Baby Presentation Transcript

  • Million Dollar Baby Agent Training Use ONLY
  • Imagine setting your child or grandchild up for life… for the cost of a cup of coffee? Agent Training Use ONLY
  • “Million Dollar Baby” $25 week for 5 years $35 week for 2 years $46 week for 8 years Subtotal To help pay for Total College Contribution $12,000 x 4yrs Till age 14 $48,000 $28,800 Down Payment For a Home $25,000 Agent Training Use ONLY
  • “Million Dollar Baby”At age 45 Vacation Home $100,000 Subtotal Agent Training Use ONLY
  • “Million Dollar Baby” Age 65 $142,263 year Total Contribution $28,800 Agent Training Use ONLY $3,729,575
  • RecapCollege Expenses $12,000 x 4years = $48,000Mortgage Down Payment $25,000Vacation Condo $100,000Retirement Income from age 65-89 Tax Free $142,263 x 24 years = $3,414,312Total $3,587,312 Agent Training Use ONLY
  • RecapTotal Cash Received Tax Free $3,587,312Death Benefit at age 89 $1,679,396Income Tax FreeTotal Benefit at age 89 $5,266,708Total Premiums Paid = $28,800 Paid until age 14 then zero after Agent Training Use ONLY
  • Great College PlanCollege expenses taken outTax FreeNot included in college aid/grant formulasCash Value is owned by parentsPlan completion (even if you can’t) Agent Training Use ONLY