Meet Mel Meet Retirement Meet Bad Retirement Plan

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    Meet Mel Meet Retirement Meet Bad Retirement Plan - Presentation Transcript

    1. meet MEL he runs out of retirement income at age 72 property of YCIS all rights reserved © 2008
    2. A . K . A … property of YCIS all rights reserved © 2008
      • mr. everyday GUY
      property of YCIS all rights reserved © 2008
    3. mel OWN’s a… property of YCIS all rights reserved © 2008
    4. HOUSE
      • with FIXED
      • 30 year mortgage
      property of YCIS all rights reserved © 2008
    5. he LIKES … property of YCIS all rights reserved © 2008
    6. property of YCIS all rights reserved © 2008
    7. is GOOD friends with … property of YCIS all rights reserved © 2008
    8. OXNARD property of YCIS all rights reserved © 2008
    9. mel WORKS … property of YCIS all rights reserved © 2008
    10. property of YCIS all rights reserved © 2008 here
    11. mel is full of GREAT … property of YCIS all rights reserved © 2008
    12. property of YCIS all rights reserved © 2008
    13. when it COMES to … property of YCIS all rights reserved © 2008
    14. property of YCIS all rights reserved © 2008
    15. and … property of YCIS all rights reserved © 2008
    16. property of YCIS all rights reserved © 2008
    17. but NOT with… property of YCIS all rights reserved © 2008
    18. PLANNING for LIFE
      • AFTER…
      property of YCIS all rights reserved © 2008
    19. property of YCIS all rights reserved © 2008
    20. mel will live to be…
      • 92!
      property of YCIS all rights reserved © 2008
    21. mel will need
      • $40k a year in retirement!
      property of YCIS all rights reserved © 2008
    22. property of YCIS all rights reserved © 2008
    23. PROBLEM is …
      • if mel draws
      • enough money to
      • maintain his
      • current lifestyle ,
      property of YCIS all rights reserved © 2008
    24. mel’s tax deferred retirement plan runs out when he is only...
      • 72!
      property of YCIS all rights reserved © 2008
    25. mel DID …
      • what EVERYBODY else does…
      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…
      property of YCIS all rights reserved © 2008
    26. HOUSE
      • “ FREE
      • &
      • CLEAR
      • when mel retired
      property of YCIS all rights reserved © 2008
    27. mel did it BECAUSE his … property of YCIS all rights reserved © 2008
    28. DAD did… property of YCIS all rights reserved © 2008
    29. and it worked …
      • FOR>
      • because …
      property of YCIS all rights reserved © 2008
    30. mel’s DAD wasn’t property of YCIS all rights reserved © 2008
    31. ONE of …
      • 78 MILLION BABY BOOMERS!!!
      • WHO…
      property of YCIS all rights reserved © 2008
    32. 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
      • 78 MILLION! BABY BOOMERS
      property of YCIS all rights reserved © 2008
      • FISH are PEOPLE too!
      • us
      • =
      property of YCIS all rights reserved © 2008
    33. 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
      • TAX DEFERRAL
      • LONGEVITY
      • INFLATION
      property of YCIS all rights reserved © 2008
    34. 7 th … property of YCIS all rights reserved © 2008
    35. the WORST for LAST… property of YCIS all rights reserved © 2008
    36. DRUMROLL property of YCIS all rights reserved © 2008
    37. TAXES property of YCIS all rights reserved © 2008
    38. is THE …
      • NAIL in the …
      property of YCIS all rights reserved © 2008
    39. COFFIN property of YCIS all rights reserved © 2008
    40. what's WRONG with mel’s plan? property of YCIS all rights reserved © 2008
    41. here are a few of the BIG things … property of YCIS all rights reserved © 2008
    42. 1st …
      • LIQUIDITY
      property of YCIS all rights reserved © 2008
    43. mel CANNOT get his MONEY any time he needs it … property of YCIS all rights reserved © 2008
    44. that makes it NOT… property of YCIS all rights reserved © 2008
    45. property of YCIS all rights reserved © 2008
    46. 2nd …
      • safety
      property of YCIS all rights reserved © 2008
      • mel has lost a large amount of the MONEY he was counting on for retirement!
      property of YCIS all rights reserved © 2008
      • even the …
      property of YCIS all rights reserved © 2008
    47. CASH property of YCIS all rights reserved © 2008
    48. IN his … property of YCIS all rights reserved © 2008
    49. equity property of YCIS all rights reserved © 2008
    50. was NOT ! property of YCIS all rights reserved © 2008
    51. SAFE property of YCIS all rights reserved © 2008
    52. mel’s house lost value! ( like most of us ) property of YCIS all rights reserved © 2008
    53. that's money he was counting on for retirement…
      • GONE!
      property of YCIS all rights reserved © 2008
    54. 3rd …
      • RETURN ON INVESTMENT
      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…
      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!
      property of YCIS all rights reserved © 2008
    55. equity doesn’t
      • earn money …
      • it’s just LAZY IDLE dollars !
      property of YCIS all rights reserved © 2008
    56. RETURN on INVESTMENT
      • is the process
      • of EARNING interest
      • on your money
      property of YCIS all rights reserved © 2008
    57. if mel would have taken $ 200k out of the house when he had it … property of YCIS all rights reserved © 2008
    58. and put it somewhere that earned lets say… 9% compound interest property of YCIS all rights reserved © 2008
    59. that 200k would be…
      • 400 k in 7.5 years!
      property of YCIS all rights reserved © 2008
      • hard to believe ?
      property of YCIS all rights reserved © 2008
      • meet albert einstein
      property of YCIS all rights reserved © 2008
    60. he said...
      • “ compound interest is the 8 th wonder of the world ”
      • Albert Einstein
      property of YCIS all rights reserved © 2008
    61. 4th …
      • tax deferral
      property of YCIS all rights reserved © 2008
    62. MEANING… mel’s ( 401(k), IRA, 403(b) )
      • tax deferred retirement plan …
      property of YCIS all rights reserved © 2008
      • has not been taxed
      • yet ,
      property of YCIS all rights reserved © 2008
    63. but it WILL BE taxed…
      • during his retirement years
      property of YCIS all rights reserved © 2008
      • tax deferral would be the
      • greatest thing on…
      property of YCIS all rights reserved © 2008
      • if…
      property of YCIS all rights reserved © 2008
      • mel TRULY
      • believed
      • in his …
      property of YCIS all rights reserved © 2008
      • that…
      property of YCIS all rights reserved © 2008
      • TAXES will be …
      • the same ,
      • or lower in the future .
      property of YCIS all rights reserved © 2008
    64. property of YCIS all rights reserved © 2008
    65. he has BILL$ property of YCIS all rights reserved © 2008
    66. what would you rather pay TAXES on? property of YCIS all rights reserved © 2008
    67. the SEED ? property of YCIS all rights reserved © 2008
      • OR the ?
      property of YCIS all rights reserved © 2008
    68. HARVEST ? property of YCIS all rights reserved © 2008
    69. 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
    70. property of YCIS all rights reserved © 2008
    71. NO NEED TO WONDER any longer …
      • oh you didn't…
      property of YCIS all rights reserved © 2008
    72.  
    73. THEY ALREADY WENT UP!!!
    74. MAY 2007 congress RAISED taxes
      • “ the largest tax hike in U.S. history”
      property of YCIS all rights reserved © 2008
    75. MEANING…
      • our taxes WILL be going up in 2010 !!!
      property of YCIS all rights reserved © 2008
    76. 5th …
      • longevity
      property of YCIS all rights reserved © 2008
    77. 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
    78. 20 YEARS !
      • of living on
      • social security alone…
      • YIKES!!!
      property of YCIS all rights reserved © 2008
    79. 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
    80. did you know social security is taxed as income ? property of YCIS all rights reserved © 2008
    81. mel has no tax write offs property of YCIS all rights reserved © 2008
    82. cat food MELVIN ? property of YCIS all rights reserved © 2008
    83. property of YCIS all rights reserved © 2008
    84. PROBLEM is …
      • Social security
      property of YCIS all rights reserved © 2008
    85. is … property of YCIS all rights reserved © 2008
    86. ed property of YCIS all rights reserved © 2008
    87. 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
    88. 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
      • SOCIAL SECURITY
      property of YCIS all rights reserved © 2008
    89. is … property of YCIS all rights reserved © 2008
    90. ed property of YCIS all rights reserved © 2008
    91. 6th …
      • inflation
      property of YCIS all rights reserved © 2008
    92. going to = in the future ?
      • what is…
      property of YCIS all rights reserved © 2008
    93. we don’t know but, less for sure property of YCIS all rights reserved © 2008
    94. 7th …
      • TAXES
      property of YCIS all rights reserved © 2008
    95. what will cause the taxes to go up ? property of YCIS all rights reserved © 2008
    96. how about NATIONAL DEBT? property of YCIS all rights reserved © 2008
    97. 9 trillion in debt
      • actually its WORSE
      property of YCIS all rights reserved © 2008
    98. 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
    99. he notes … if you Include social security , medicare , medicaid , it makes the REAL DEBT …
      • $ 42 trillion
      property of YCIS all rights reserved © 2008
    100. 7 strikes to the HEAD of household! property of YCIS all rights reserved © 2008
    101. we can now say mel’s…
      • RETIREMENT PLAN
      property of YCIS all rights reserved © 2008
    102. is NOT a PLAN at all property of YCIS all rights reserved © 2008
    103. whose retirement is mel planning? property of YCIS all rights reserved © 2008
    104. THANKS melvin ! property of YCIS all rights reserved © 2008
    105. THANKS melvin! property of YCIS all rights reserved © 2008
    106. THANKS dad ! property of YCIS all rights reserved © 2008
    107. SORRY son ! property of YCIS all rights reserved © 2008
    108. I QU IT! property of YCIS all rights reserved © 2008
    109. 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
    110. DIFFERE N T! property of YCIS all rights reserved © 2008
    111. what’s for dinner melvin ? property of YCIS all rights reserved © 2008
    112. 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
    113. ( 866 - 884 - 7483 ) or get STARTED NOW at www. go meet mel .com THE END property of YCIS all rights reserved © 2008

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