The document is a financial planning report prepared by Ranga Chary for client SAMPLE. It provides assumptions and analyses of the client's qualified retirement accounts, including projections of account values over time, required minimum distributions, taxes owed, and amounts that would be left to heirs and beneficiaries. The analyses aim to maximize the amounts left to heirs by minimizing taxes through stretching distributions over the client and beneficiary's lifetimes.

1. Presented For:
SAMPLE CLIENT
(954) 849-0421
Prepared By:
Ranga Chary, MBA, CFP
Fin-Est Wealth & Tax Planning, LLC
1806 North Flamingo Road
Suite 230
Pembroke Pines, FL 33028
(954) 241-6745
rchary@wealthandtaxplanning.com
Prepared Date:
9/18/2014

2. Assumptions:
The tax rates used are as follows:
Federal RMD: 35%
State RMD: 7%
Federal Lump Sum: 35%
State Lump Sum: 7%
Client/Spouse Ages (Current/Illustration):
CLIENT, SAMPLE : 59/90
Beneficiaries' Current Ages:
Default life expectancies are according to the IRS
Beneficiary Life Expectancy Table unless changed by
request.
Assumes no withdrawals other than those required by
law unless otherwise noted.
client,
Junior2
9
Client,
Junior
11
Prepared For: CLIENT, SAMPLE
Prepared By: Chary, MBA, CFP, Ranga
9/18/2014

3. $1,168,550 gross
- $490,791 tax
$677,759 net
$5,315,869
Estimated
to beneficiaries!
Prepared For: CLIENT, SAMPLE
Prepared By: Chary, MBA, CFP, Ranga
9/18/2014

4. Prepared For: CLIENT, SAMPLE
Prepared By: Chary, MBA, CFP, Ranga
9/18/2014

5. Quality of Funds:
Each of the accounts has a different income
tax status on withdrawal/distribution. They
have been categorized by color, each
showing the tax consequences.
Traditional qualified, all monies are
taxable on withdrawal/distribution.
Funds of the income tax free "quality" may
allow for lower withdrawals due to no
income tax being paid.
Prepared For: CLIENT, SAMPLE
Prepared By: Chary, MBA, CFP, Ranga
9/18/2014

6. Prepared For: CLIENT, SAMPLE
Prepared By: Chary, MBA, CFP, Ranga
9/18/2014

7. Prepared For: CLIENT, SAMPLE
Prepared By: Chary, MBA, CFP, Ranga
9/18/2014

8. Prepared For: CLIENT, SAMPLE
Prepared By: Chary, MBA, CFP, Ranga
9/18/2014

9. Prepared For: CLIENT, SAMPLE
Prepared By: Chary, MBA, CFP, Ranga
9/18/2014

10. Stretch It! Analysis
Age Qualified Account Information
Year SAMPLE LX Account Value
Estimated
Total Return
6.00%
Gross Distribution Income Tax Net Spending Net to Heirs
Starting Balance: $575,000
2014 59 - $609,500 $34,500 - - - $609,500
2015 60 - $646,070 $36,570 - - - $646,070
2016 61 - $684,834 $38,764 - - - $684,834
2017 62 - $725,924 $41,090 - - - $725,924
2018 63 - $769,480 $43,555 - - - $769,480
2019 64 - $815,648 $46,169 - - - $815,648
2020 65 - $864,587 $48,939 - - - $864,587
2021 66 - $916,463 $51,875 - - - $916,463
2022 67 - $971,450 $54,988 - - - $971,450
2023 68 - $1,029,737 $58,287 - - - $1,029,737
2024 69 - $1,091,522 $61,784 - - - $1,091,522
2025 70 27.4 $1,117,176 $65,491 $39,837 $16,732 $23,105 $1,117,176
2026 71 26.5 $1,142,049 $67,031 $42,158 $17,706 $24,452 $1,142,049
2027 72 25.6 $1,165,960 $68,523 $44,611 $18,737 $25,874 $1,165,960
2028 73 24.7 $1,188,713 $69,958 $47,205 $19,826 $27,379 $1,188,713
2029 74 23.8 $1,210,090 $71,323 $49,946 $20,977 $28,969 $1,210,090
2030 75 22.9 $1,229,853 $72,605 $52,842 $22,194 $30,648 $1,229,853
2031 76 22.0 $1,247,742 $73,791 $55,902 $23,479 $32,423 $1,247,742
2032 77 21.2 $1,263,751 $74,865 $58,856 $24,720 $34,136 $1,263,751
2033 78 20.3 $1,277,322 $75,825 $62,254 $26,147 $36,107 $1,277,322
Total Through Year 2033: $1,155,933 $453,611 $190,517 $263,094
Prepared For: CLIENT, SAMPLE
Prepared By: Chary, MBA, CFP, Ranga
9/18/2014

11. Stretch It! Analysis
Age Qualified Account Information
Year SAMPLE LX Account Value
Estimated
Total Return
6.00%
Gross Distribution Income Tax Net Spending Net to Heirs
2034 79 19.5 $1,288,457 $76,639 $65,504 $27,512 $37,992 $1,288,457
2035 80 18.7 $1,296,864 $77,307 $68,901 $28,938 $39,963 $1,296,864
2036 81 17.9 $1,302,226 $77,812 $72,450 $30,429 $42,021 $1,302,226
2037 82 17.1 $1,304,205 $78,134 $76,154 $31,985 $44,169 $1,304,205
2038 83 16.3 $1,302,444 $78,252 $80,013 $33,605 $46,408 $1,302,444
2039 84 15.5 $1,296,562 $78,147 $84,029 $35,292 $48,737 $1,296,562
2040 85 14.8 $1,286,750 $77,794 $87,606 $36,795 $50,811 $1,286,750
2041 86 14.1 $1,272,696 $77,205 $91,259 $38,329 $52,930 $1,272,696
2042 87 13.4 $1,254,081 $76,362 $94,977 $39,890 $55,087 $1,254,081
2043 88 12.7 $1,230,578 $75,245 $98,747 $41,474 $57,273 $1,230,578
2044 89 12.0 $1,201,865 $73,835 $102,548 $43,070 $59,478 $1,201,865
2045 90 11.4 $1,168,550 $72,112 $105,427 $44,279 $61,148 $1,168,550
Total Through Year 2045: $2,074,776 $1,481,226 $622,115 $859,111
Prepared For: CLIENT, SAMPLE
Prepared By: Chary, MBA, CFP, Ranga
9/18/2014

12. Net to Estate
Age
Net to Estate
(Defer Income Tax)
Net to Estate (IRD - If Account Liquidated)
Year SAMPLE Total Account Net to Estate
Percent of
Assets
Remaining
Income Tax ($
Lost)
Net to Estate
Percent of
Assets
Remaining
2014 59 $609,500 $609,500 100% $255,990 $353,510 58%
2015 60 $646,070 $646,070 100% $271,349 $374,721 58%
2016 61 $684,834 $684,834 100% $287,630 $397,204 58%
2017 62 $725,924 $725,924 100% $304,888 $421,036 58%
2018 63 $769,480 $769,480 100% $323,181 $446,298 58%
2019 64 $815,648 $815,648 100% $342,572 $473,076 58%
2020 65 $864,587 $864,587 100% $363,127 $501,461 58%
2021 66 $916,463 $916,463 100% $384,914 $531,548 58%
2022 67 $971,450 $971,450 100% $408,009 $563,441 58%
2023 68 $1,029,737 $1,029,737 100% $432,490 $597,248 58%
2024 69 $1,091,522 $1,091,522 100% $458,439 $633,083 58%
2025 70 $1,117,176 $1,117,176 100% $469,214 $647,962 58%
2026 71 $1,142,049 $1,142,049 100% $479,660 $662,388 58%
2027 72 $1,165,960 $1,165,960 100% $489,703 $676,257 58%
2028 73 $1,188,713 $1,188,713 100% $499,259 $689,454 58%
2029 74 $1,210,090 $1,210,090 100% $508,238 $701,852 58%
2030 75 $1,229,853 $1,229,853 100% $516,538 $713,315 58%
2031 76 $1,247,742 $1,247,742 100% $524,052 $723,691 58%
2032 77 $1,263,751 $1,263,751 100% $530,775 $732,976 58%
2033 78 $1,277,322 $1,277,322 100% $536,475 $740,847 58%
Prepared For: CLIENT, SAMPLE
Prepared By: Chary, MBA, CFP, Ranga
9/18/2014

13. Net to Estate
Age
Net to Estate
(Defer Income Tax)
Net to Estate (IRD - If Account Liquidated)
Year SAMPLE Total Account Net to Estate
Percent of
Assets
Remaining
Income Tax ($
Lost)
Net to Estate
Percent of
Assets
Remaining
2034 79 $1,288,457 $1,288,457 100% $541,152 $747,305 58%
2035 80 $1,296,864 $1,296,864 100% $544,683 $752,181 58%
2036 81 $1,302,226 $1,302,226 100% $546,935 $755,291 58%
2037 82 $1,304,205 $1,304,205 100% $547,766 $756,439 58%
2038 83 $1,302,444 $1,302,444 100% $547,027 $755,418 58%
2039 84 $1,296,562 $1,296,562 100% $544,556 $752,006 58%
2040 85 $1,286,750 $1,286,750 100% $540,435 $746,315 58%
2041 86 $1,272,696 $1,272,696 100% $534,532 $738,164 58%
2042 87 $1,254,081 $1,254,081 100% $526,714 $727,367 58%
2043 88 $1,230,578 $1,230,578 100% $516,843 $713,736 58%
2044 89 $1,201,865 $1,201,865 100% $504,783 $697,082 58%
2045 90 $1,168,550 $1,168,550 100% $490,791 $677,759 58%
Prepared For: CLIENT, SAMPLE
Prepared By: Chary, MBA, CFP, Ranga
9/18/2014

14. Stretched Stretch It! Analysis for client, Junior2 Allocated at 50.00%
Year Age LX Account Value
Required Minimum
Distribution
Starting Balance: $584,275
2046 41 42.7 $605,648 $13,683
2047 42 41.7 $627,463 $14,524
2048 43 40.7 $649,694 $15,417
2049 44 39.7 $672,311 $16,365
2050 45 38.7 $695,277 $17,372
2051 46 37.7 $718,551 $18,442
2052 47 36.7 $742,085 $19,579
2053 48 35.7 $765,824 $20,787
2054 49 34.7 $789,703 $22,070
2055 50 33.7 $813,652 $23,433
2056 51 32.7 $837,589 $24,882
2057 52 31.7 $861,422 $26,422
2058 53 30.7 $885,048 $28,059
2059 54 29.7 $908,351 $29,800
2060 55 28.7 $931,202 $31,650
2061 56 27.7 $953,457 $33,617
2062 57 26.7 $974,955 $35,710
2063 58 25.7 $995,516 $37,936
2064 59 24.7 $1,014,943 $40,304
2065 60 23.7 $1,033,015 $42,825
Total Through Year 2065: $512,879
Prepared For: CLIENT, SAMPLE
Prepared By: Chary, MBA, CFP, Ranga
9/18/2014

15. Stretched Stretch It! Analysis for client, Junior2 Allocated at 50.00%
Year Age LX Account Value
Required Minimum
Distribution
2066 61 22.7 $1,049,488 $45,507
2067 62 21.7 $1,064,094 $48,364
2068 63 20.7 $1,076,534 $51,406
2069 64 19.7 $1,086,480 $54,646
2070 65 18.7 $1,093,568 $58,101
2071 66 17.7 $1,097,399 $61,784
2072 67 16.7 $1,097,530 $65,712
2073 68 15.7 $1,093,475 $69,906
2074 69 14.7 $1,084,698 $74,386
2075 70 13.7 $1,070,605 $79,175
2076 71 12.7 $1,050,541 $84,300
2077 72 11.7 $1,023,784 $89,790
2078 73 10.7 $989,530 $95,681
2079 74 9.7 $946,889 $102,013
2080 75 8.7 $894,864 $108,838
2081 76 7.7 $832,340 $116,216
2082 77 6.7 $758,051 $124,230
2083 78 5.7 $670,542 $132,991
2084 79 4.7 $568,106 $142,669
2085 80 3.7 $448,650 $153,542
Total Through Year 2085: $2,272,135
Prepared For: CLIENT, SAMPLE
Prepared By: Chary, MBA, CFP, Ranga
9/18/2014

16. Stretched Stretch It! Analysis for client, Junior2 Allocated at 50.00%
Year Age LX Account Value
Required Minimum
Distribution
2086 81 2.7 $309,403 $166,167
2087 82 1.7 $145,965 $182,002
2088 83 0.7 - $145,965
Total Through Year 2088: $2,766,268
Prepared For: CLIENT, SAMPLE
Prepared By: Chary, MBA, CFP, Ranga
9/18/2014

17. Stretched Stretch It! Analysis for Client, Junior Allocated at 50.00%
Year Age LX Account Value
Required Minimum
Distribution
Starting Balance: $584,275
2046 43 40.7 $604,976 $14,356
2047 44 39.7 $626,036 $15,239
2048 45 38.7 $647,421 $16,177
2049 46 37.7 $669,094 $17,173
2050 47 36.7 $691,008 $18,231
2051 48 35.7 $713,112 $19,356
2052 49 34.7 $735,348 $20,551
2053 50 33.7 $757,649 $21,820
2054 51 32.7 $779,938 $23,170
2055 52 31.7 $802,130 $24,604
2056 53 30.7 $824,130 $26,128
2057 54 29.7 $845,830 $27,748
2058 55 28.7 $867,108 $29,471
2059 56 27.7 $887,831 $31,304
2060 57 26.7 $907,849 $33,252
2061 58 25.7 $926,995 $35,325
2062 59 24.7 $945,084 $37,530
2063 60 23.7 $961,912 $39,877
2064 61 22.7 $977,252 $42,375
2065 62 21.7 $990,853 $45,035
Total Through Year 2065: $538,721
Prepared For: CLIENT, SAMPLE
Prepared By: Chary, MBA, CFP, Ranga
9/18/2014

18. Stretched Stretch It! Analysis for Client, Junior Allocated at 50.00%
Year Age LX Account Value
Required Minimum
Distribution
2066 63 20.7 $1,002,436 $47,867
2067 64 19.7 $1,011,698 $50,885
2068 65 18.7 $1,018,298 $54,101
2069 66 17.7 $1,021,865 $57,531
2070 67 16.7 $1,021,987 $61,190
2071 68 15.7 $1,018,212 $65,095
2072 69 14.7 $1,010,038 $69,266
2073 70 13.7 $996,915 $73,725
2074 71 12.7 $978,233 $78,497
2075 72 11.7 $953,317 $83,610
2076 73 10.7 $921,421 $89,095
2077 74 9.7 $881,715 $94,992
2078 75 8.7 $833,271 $101,346
2079 76 7.7 $775,050 $108,217
2080 77 6.7 $705,874 $115,679
2081 78 5.7 $624,389 $123,838
2082 79 4.7 $529,004 $132,849
2083 80 3.7 $417,770 $142,974
2084 81 2.7 $288,106 $154,730
2085 82 1.7 $135,918 $169,474
Total Through Year 2085: $2,413,682
Prepared For: CLIENT, SAMPLE
Prepared By: Chary, MBA, CFP, Ranga
9/18/2014

19. Stretched Stretch It! Analysis for Client, Junior Allocated at 50.00%
Year Age LX Account Value
Required Minimum
Distribution
2086 83 0.7 - $135,918
Total Through Year 2086: $2,549,601
Prepared For: CLIENT, SAMPLE
Prepared By: Chary, MBA, CFP, Ranga
9/18/2014

20. This report is for illustration purposes only.
Life expectancies, where used, are based on the uniform lifetime table.
All rates are projections, may or may not reflect actual rates, and are not guaranteed.
THIS IS NOT INTENDED TO GIVE ANY LEGAL, TAX, OR OTHER ADVICE. CONSULT YOUR OWN LEGAL, TAX, AND OTHER COUNSEL.
All interest rates are estimates only. They are not guarantees of future performance. All options assume similar or same investments. For the purposes of tax illustrations, the
investment options are not being recommended. Once you decide on the tax qualification that you desire, ask your agent/advisor on his recommendations.
All numbers are believed to be accurate but cannot be guaranteed. Future tax rates can only be projected at today’s rates and assumptions on the beneficiary’s tax rates are
assumed. When projections are made for beneficiary payouts, these numbers do not take into account the tax qualifications of these funds. Using the Quality of Funds chart will help
in assuming the future tax consequences based on the strategy used. Your agent/advisor will can help you understand and plan using these charts and illustrations.
Prepared For: CLIENT, SAMPLE
Prepared By: Chary, MBA, CFP, Ranga
9/18/2014