meet MEL he runs out of retirement income at age 72 property of YCIS all rights reserved © 2008

A . K . A … property of YCIS all rights reserved © 2008

mr. everyday GUY property of YCIS all rights reserved © 2008

mr. everyday GUY

mel OWN’s a… property of YCIS all rights reserved © 2008

HOUSE with FIXED 30 year mortgage property of YCIS all rights reserved © 2008

with FIXED

30 year mortgage

he LIKES … property of YCIS all rights reserved © 2008

property of YCIS all rights reserved © 2008

is GOOD friends with … property of YCIS all rights reserved © 2008

OXNARD property of YCIS all rights reserved © 2008

mel WORKS … property of YCIS all rights reserved © 2008

property of YCIS all rights reserved © 2008 here

mel is full of GREAT … property of YCIS all rights reserved © 2008

property of YCIS all rights reserved © 2008

when it COMES to … property of YCIS all rights reserved © 2008

property of YCIS all rights reserved © 2008

and … property of YCIS all rights reserved © 2008

property of YCIS all rights reserved © 2008

but NOT with… property of YCIS all rights reserved © 2008

PLANNING for LIFE AFTER… property of YCIS all rights reserved © 2008

AFTER…

property of YCIS all rights reserved © 2008

mel will live to be… 92! property of YCIS all rights reserved © 2008

92!

mel will need $40k a year in retirement! property of YCIS all rights reserved © 2008

$40k a year in retirement!

property of YCIS all rights reserved © 2008

PROBLEM is … if mel draws enough money to maintain his current lifestyle , property of YCIS all rights reserved © 2008

if mel draws

enough money to

maintain his

current lifestyle ,

mel’s tax deferred retirement plan runs out when he is only... 72! property of YCIS all rights reserved © 2008

72!

mel DID … what EVERYBODY else does… property of YCIS all rights reserved © 2008

what EVERYBODY else does…

PUT ALL his retirement savings in a ( 401k , IRA , 403b , etc .) PAID DOWN his house, so it would be… property of YCIS all rights reserved © 2008

PUT ALL his retirement savings in a ( 401k , IRA , 403b , etc .)

PAID DOWN

his house, so it would be…

HOUSE “ FREE & CLEAR when mel retired property of YCIS all rights reserved © 2008

“ FREE

&

CLEAR

when mel retired

mel did it BECAUSE his … property of YCIS all rights reserved © 2008

DAD did… property of YCIS all rights reserved © 2008

and it worked … FOR> because … property of YCIS all rights reserved © 2008

FOR>

because …

mel’s DAD wasn’t property of YCIS all rights reserved © 2008

ONE of … 78 MILLION BABY BOOMERS!!! WHO… property of YCIS all rights reserved © 2008

78 MILLION BABY BOOMERS!!!

WHO…

started retiring YESTERDAY! property of YCIS all rights reserved © 2008

that’s a lot of fish to feed * * SOCIAL SECURITY to pay out property of YCIS all rights reserved © 2008

that’s a lot of fish to feed *

* SOCIAL SECURITY to pay out

78 MILLION! BABY BOOMERS property of YCIS all rights reserved © 2008

78 MILLION! BABY BOOMERS

FISH are PEOPLE too! us = property of YCIS all rights reserved © 2008

FISH are PEOPLE too!

us

=

7 things mel did NOT consider property of YCIS all rights reserved © 2008

no LIQUIDITY no SAFETY no RETURN on INVESTMENT property of YCIS all rights reserved © 2008

no LIQUIDITY

no SAFETY

no RETURN on INVESTMENT

TAX DEFERRAL LONGEVITY INFLATION property of YCIS all rights reserved © 2008

TAX DEFERRAL

LONGEVITY

INFLATION

7 th … property of YCIS all rights reserved © 2008

the WORST for LAST… property of YCIS all rights reserved © 2008

DRUMROLL property of YCIS all rights reserved © 2008

TAXES property of YCIS all rights reserved © 2008

is THE … NAIL in the … property of YCIS all rights reserved © 2008

NAIL in the …

COFFIN property of YCIS all rights reserved © 2008

what's WRONG with mel’s plan? property of YCIS all rights reserved © 2008

here are a few of the BIG things … property of YCIS all rights reserved © 2008

1st … LIQUIDITY property of YCIS all rights reserved © 2008

LIQUIDITY

mel CANNOT get his MONEY any time he needs it … property of YCIS all rights reserved © 2008

that makes it NOT… property of YCIS all rights reserved © 2008

property of YCIS all rights reserved © 2008

2nd … safety property of YCIS all rights reserved © 2008

safety

mel has lost a large amount of the MONEY he was counting on for retirement! property of YCIS all rights reserved © 2008

mel has lost a large amount of the MONEY he was counting on for retirement!

even the … property of YCIS all rights reserved © 2008

even the …

CASH property of YCIS all rights reserved © 2008

IN his … property of YCIS all rights reserved © 2008

equity property of YCIS all rights reserved © 2008

was NOT ! property of YCIS all rights reserved © 2008

SAFE property of YCIS all rights reserved © 2008

mel’s house lost value! ( like most of us ) property of YCIS all rights reserved © 2008

that's money he was counting on for retirement… GONE! property of YCIS all rights reserved © 2008

GONE!

3rd … RETURN ON INVESTMENT property of YCIS all rights reserved © 2008

RETURN ON INVESTMENT

we are simply going to make a point about what equity REALLY IS! and how most people perceive their homes… property of YCIS all rights reserved © 2008

we are simply going to

make a point about

what equity

REALLY IS!

and how most people

perceive their homes…

to reinvest your money for an extra million at retirement you may move assets from ANYWHERE , not just from the equity in your home! property of YCIS all rights reserved © 2008

to reinvest your money for

an extra million at retirement

you may move assets from

ANYWHERE ,

not just from the equity

in your home!

equity doesn’t earn money … it’s just LAZY IDLE dollars ! property of YCIS all rights reserved © 2008

earn money …

it’s just LAZY IDLE dollars !

RETURN on INVESTMENT is the process of EARNING interest on your money property of YCIS all rights reserved © 2008

is the process

of EARNING interest

on your money

if mel would have taken $ 200k out of the house when he had it … property of YCIS all rights reserved © 2008

and put it somewhere that earned lets say… 9% compound interest property of YCIS all rights reserved © 2008

that 200k would be… 400 k in 7.5 years! property of YCIS all rights reserved © 2008

400 k in 7.5 years!

hard to believe ? property of YCIS all rights reserved © 2008

hard to believe ?

meet albert einstein property of YCIS all rights reserved © 2008

meet albert einstein

he said... “ compound interest is the 8 th wonder of the world ” Albert Einstein property of YCIS all rights reserved © 2008

“ compound interest is the 8 th wonder of the world ”

Albert Einstein

4th … tax deferral property of YCIS all rights reserved © 2008

tax deferral

MEANING… mel’s ( 401(k), IRA, 403(b) ) tax deferred retirement plan … property of YCIS all rights reserved © 2008

tax deferred retirement plan …

has not been taxed yet , property of YCIS all rights reserved © 2008

has not been taxed

yet ,

but it WILL BE taxed… during his retirement years property of YCIS all rights reserved © 2008

during his retirement years

tax deferral would be the greatest thing on… property of YCIS all rights reserved © 2008

tax deferral would be the

greatest thing on…

if… property of YCIS all rights reserved © 2008

if…

mel TRULY believed in his … property of YCIS all rights reserved © 2008

mel TRULY

believed

in his …

that… property of YCIS all rights reserved © 2008

that…

TAXES will be … the same , or lower in the future . property of YCIS all rights reserved © 2008

TAXES will be …

the same ,

or lower in the future .

property of YCIS all rights reserved © 2008

he has BILL$ property of YCIS all rights reserved © 2008

what would you rather pay TAXES on? property of YCIS all rights reserved © 2008

the SEED ? property of YCIS all rights reserved © 2008

OR the ? property of YCIS all rights reserved © 2008

OR the ?

HARVEST ? property of YCIS all rights reserved © 2008

don’t you think TAXES will HAVE to go UP … ? property of YCIS all rights reserved © 2008

and it might be better to pay them NOW ? property of YCIS all rights reserved © 2008

and it might be better to pay them

NOW ?

property of YCIS all rights reserved © 2008

NO NEED TO WONDER any longer … oh you didn't… property of YCIS all rights reserved © 2008

oh you didn't…

THEY ALREADY WENT UP!!!

MAY 2007 congress RAISED taxes “ the largest tax hike in U.S. history” property of YCIS all rights reserved © 2008

“ the largest tax hike in U.S. history”

MEANING… our taxes WILL be going up in 2010 !!! property of YCIS all rights reserved © 2008

our taxes WILL be going up in 2010 !!!

5th … longevity property of YCIS all rights reserved © 2008

longevity

PROBLEM is … mel lives to be 92 but his tax deferred retirement plan runs out when he is only 72 property of YCIS all rights reserved © 2008

mel lives to be 92

but his tax deferred retirement plan runs out when he is only 72

20 YEARS ! of living on social security alone… YIKES!!! property of YCIS all rights reserved © 2008

of living on

social security alone…

YIKES!!!

mel will need to share his with… property of YCIS all rights reserved © 2008

78 MILLION! BABY BOOMERS property of YCIS all rights reserved © 2008

78 MILLION! BABY BOOMERS

did you know social security is taxed as income ? property of YCIS all rights reserved © 2008

mel has no tax write offs property of YCIS all rights reserved © 2008

cat food MELVIN ? property of YCIS all rights reserved © 2008

property of YCIS all rights reserved © 2008

PROBLEM is … Social security property of YCIS all rights reserved © 2008

Social security

is … property of YCIS all rights reserved © 2008

ed property of YCIS all rights reserved © 2008

meet alan green span Chairman of the Board of Governors of the Federal Reserve of the U n i t e d S t a t e s 1987 -2006 property of YCIS all rights reserved © 2008

Chairman of the Board of Governors of the Federal Reserve of the U n i t e d S t a t e s 1987 -2006

HE SAYS … “ as best I can judge, when the BabyBoom ( generation ) retires, we are going to have to either raise taxes very sharply or cut benefits by HALF ” property of YCIS all rights reserved © 2008

“ as best I can judge, when the

BabyBoom ( generation ) retires,

we are going to have to

either raise taxes

very sharply or

cut benefits by HALF ”

SOCIAL SECURITY property of YCIS all rights reserved © 2008

SOCIAL SECURITY

is … property of YCIS all rights reserved © 2008

ed property of YCIS all rights reserved © 2008

6th … inflation property of YCIS all rights reserved © 2008

inflation

going to = in the future ? what is… property of YCIS all rights reserved © 2008

what is…

we don’t know but, less for sure property of YCIS all rights reserved © 2008

7th … TAXES property of YCIS all rights reserved © 2008

TAXES

what will cause the taxes to go up ? property of YCIS all rights reserved © 2008

how about NATIONAL DEBT? property of YCIS all rights reserved © 2008

9 trillion in debt actually its WORSE property of YCIS all rights reserved © 2008

actually its WORSE

meet david walker COMPTROLLER GENERAL OF THE U N I T E D S T A T E S property of YCIS all rights reserved © 2008

COMPTROLLER GENERAL OF THE U N I T E D S T A T E S

he notes … if you Include social security , medicare , medicaid , it makes the REAL DEBT … $ 42 trillion property of YCIS all rights reserved © 2008

$ 42 trillion

7 strikes to the HEAD of household! property of YCIS all rights reserved © 2008

we can now say mel’s… RETIREMENT PLAN property of YCIS all rights reserved © 2008

RETIREMENT PLAN

is NOT a PLAN at all property of YCIS all rights reserved © 2008

whose retirement is mel planning? property of YCIS all rights reserved © 2008

THANKS melvin ! property of YCIS all rights reserved © 2008

THANKS melvin! property of YCIS all rights reserved © 2008

THANKS dad ! property of YCIS all rights reserved © 2008

SORRY son ! property of YCIS all rights reserved © 2008

I QU IT! property of YCIS all rights reserved © 2008

he did! property of YCIS all rights reserved © 2008

DIFFERENT is NOT always BETTER, but BETTER is ALWAYS … property of YCIS all rights reserved © 2008

DIFFERENT is NOT always

BETTER,

but BETTER is

ALWAYS …

DIFFERE N T! property of YCIS all rights reserved © 2008

what’s for dinner melvin ? property of YCIS all rights reserved © 2008

property of YCIS all rights reserved © 2008

if you are looking for something DIFFERE N T go meet sue . If you want to skip meet sue , and get to work on planning for a successful ( TAX FREE ) retirement contact us at… property of YCIS all rights reserved © 2008

if you are looking for something DIFFERE N T go meet sue . If you want to skip meet sue , and get to work on planning for a

successful ( TAX FREE ) retirement

contact us at…

( 866 - 884 - 7483 ) or get STARTED NOW at www. go meet mel .com THE END property of YCIS all rights reserved © 2008