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  • Let’s start with Taxes. There is much talk in the news about raising tax rates or not raising tax rates. The fact is that the US Government is leveraged to the max! The national debit is climbing at unprecedented rates and someone has to pay down that debt. How is that going to be accomplished?
    The debt pay down will start with us and then become the responsibility of our kids, and then our grand kids, and so on. Or the systems will simply collapse; then what? How will your capital be affected?
  • Let’s consider the differences between savings and investments.
    Savings involves a discipline and regular deposit of your hard earned money into a guaranteed account that is earning compound interest.
    We have lost site of the value and importance of saving. Not only do we need to save money, but we need to save money in accounts that do not suffer from the risk and volatility associated with today’s investment markets.
    Investment involves putting money at risk in hopes for high rates of return. To do this intelligently we need to reframe our perspective before we invest. Remember if there is a 70% chance you will do well, then there is a 30% chance you will fail. If you can absorb the consequences of failure without it affecting your core lifestyle then go for it; otherwise put your money into a savings vehicle.

Transcript

  • 1. FEG INSURANCE MARKETING RETIREMENT: HOW IT WORKS Where do most people save for Retirement?
  • 2. You Need to Know… The tax treatment of the products discussed within this presentation are based on our current understanding of tax laws, which are subject to change. Such information is presented for educational purposes only, and should not be relied upon as professional tax advice. WE DO NOT GIVE TAX OR LEGAL ADVISE.
  • 3. IS YOUR IRA/401(k) UNDER WATER? “The ugly truth, is that the 401(k) is a LOUSY PRODUCT, a FINANCIAL FLOP, a ROTTEN REPOSITORY for our Retirement Reserves. Oct 9 , 2009 th What if there was a way to “OPT OUT” with your Retirement Savings?
  • 4. An “ordinary” American household will pay, on average, nearly $155,000 over their lifetime in total fees.
  • 5. COULD THERE BE A BETTER WAY? “We live in a World of Financial Noise. I am shocked at the overwhelming Lack of Understanding in the entire Financial Industry about how Money Works” WE HAVE A BETTER
  • 6. THERE IS A BETTER WAY “Sending the same contribution, over the same period of time, with the same Stock Market assumptions to an IUL will increase the efficiency of your money by 300%. Each $1,000/month can return the same income as $3,000/month put into a 401K, IRA or TSA ” Richard G Hinderer, CLU WE HAVE A BETTER WAY
  • 7. UNCERTAIN TAX RATES  US Federal Deficit close to $16+ Trillion  National Debt Increasing at $4.12 Billion a day
  • 8. TAX RISK Will future tax rates be Lower, The Same, or Higher?
  • 9. Four Phases of RETIREMENT PLANNING Contribution Accumulation Withdrawal Transfer Tax Favored Tax Favored Taxed Taxed After Tax Tax Favored Tax Favored Tax Favored DOES IT MAKE SENSE TO DEFFER TAXES, AND POSSIBLY PAY MORE LATER?
  • 10. WHAT IF YOU LIVE LIFE INSURANCE INDEX UNIVERSAL Life Insurance You Don’t Need to Die to Use!
  • 11. WHY DO YOU BUY LIFE INSURANCE? In case you die! In case you LIVE! LIVING BENEFITS FREEDOM EQUITY INSURANCE MARKETING
  • 12. LIVING BENEFITS: Does your life insurance policy do this? Critical Illness Heart Attack, Stroke, Cancer, Major Organ Transplant, Blindness, Lou Gehrig's Disease, End Stage Renal Failure Chronic Illness Unable to perform 2 of the 6 daily living activities or Cognitive Impaired Lifetime Income Once activated, GURANTEED INCOME FOR LIFE & POLICY WILL NEVER LAPSE!!! At NO ADDITONAL PREMIUM
  • 13. Living Benefits…Critical Illness The Average Age of a Heart Attack, Stroke or Cancer is 43. Most WILL SURVIVE AND MANY WILL GO BANKRUPT!!! Over 62.1% of all BK’s are due to Medical Expenses , 78% of them had Health Insurance. Million’s American’s will SURVIVE a Heart Attack Stroke or Cancer and CANT EARN INCOME! Most American’s will experience a Heart Attack, Stroke or Cancer by the age of 65. ARE YOU COVERED? Why Should YOUR FAMILY Wait UNTIL IT IS TOO LATE?
  • 14. Living Benefits…Chronic Illness Most American’s cannot afford, or don’t want to afford Long Term Care Insurance ( 90% ). 70% of people will require at least some type of Long Term Care. Over 40% will need care in a Nursing Home, and the average stay is now 2.9 years. At an average cost of $219 per day, that’s$6,570.00 / MONTH…where’s the money going to come from? ARE YOU COVERED? Why Should YOUR FAMILY Wait UNTIL IT IS TOO LATE?
  • 15. IT’S YOUR CHOICE Up to $1,500,000 will vary by insurance carrier CRIT ICALCH / RONIC IL NE L SS Two hundred thousand dollars 200,000 Heart Attack, Stroke or Cancer A CARD OR A CH CK E
  • 16. IT’S YOUR CHOICE Up to $1,500,000 will vary by insurance carrier CRIT ICALCH / RONIC IL NE L SS Two hundred thousand dollars 200,000 Heart Attack, Stroke or Cancer IS YOUR IRA/ 401K or CURRE NT L E INSURANCE P ICY GOING T IF OL O T E CARE OF YOU? AK
  • 17. THE ULTIMATE LIVING BENEFIT Retirement Income Are you Concerned about OUTLIVING YOUR INCOME, 401K FEE’s, and MARKET RISK DURING DISTRIBUTION? YOU SHOULD BE! Will Social Security be there? What will the MULTI TRILLION DOLLAR DEFICIT DO TO OUR ECONOMY? Are you interested in an Income THAT YOU CANNOT OUTLIVE…GUARANTEED? Retirement Income Security
  • 18. IT’S YOUR CHOICE Retirement Income Check…Guaranteed? YOUR… RE IRE E T M NT ?????? L E T E INCOM GUARANT E IF IM E ED Your Income… FULLY TAXED at Retirement?
  • 19. THE POWER OF INDEXING INDEX UNIVERSAL LIFE… GAINS LINKED TO THE S&P, WITHOUT THE RISK…TOO GOOD TO BE TRUE? Revolutionary Life Insurance You Don’t Need to Die to Use!
  • 20. ARE YOU WILLING TO TAKE A RISK WITH YOUR RETIREMENT? Safety Guaranteed not to Lose Annual Compounding, No Downside Risk Investment/Market Risk Subject to Gain or Loss Risk of Loss for the hope of High NonGuaranteed Rates of Return WHAT IF YOU COULD HAVE THE BEST OF BOTH WORLDS?
  • 21. INDEX UNIVERSAL LIFE: “THE GREATEST WEALTH ACCUMULATION VEHICILE OF OUR TIME” DOUG WARREN
  • 22. A SOLUTION FOR EVERY FAMILY A Solution to Fit any Budget!!! Index U/L Income Tax Free D/B GUL Income Tax Free D/B Term Income Tax Free D/B Critical Illness Critical Illness Critical Illness Chronic Illness Chronic Illness INCOME AT RETIREMENT NO INCOME Chronic Illness CONVERTIBLE YOU RENT IT YOU OWN IT/OVERFUND YOU OWN IT
  • 23. FEG INSURANCE MARKETING DISCLOSURES  Withdrawals may be subject to surrender penalties imposed by the company. Amounts withdrawn may also be subject to tax liability or tax penalties. Partial surrenders and loans may affect policy values and death benefits.  This material has been prepared for informational and educational purposes only. It is not intended to provide, and should not be relied upon for, accounting, legal, tax or investment advice.  Life insurance products are products of the insurance industry and are not guaranteed by any bank, federal agency, nor insured by the FDIC.