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MEET mel

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See how one simple choice destroys a mel's chance to be rich beyond his wildest dreams. mel FAILED! It could be you. www.thefortuneacademy.com

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MEET mel

  1. 1. meet MEL he runs out of retirement income at age 72 property of YCIS all rights reserved © 2008
  2. 2. A . K . A … property of YCIS all rights reserved © 2008
  3. 3. <ul><li>mr. everyday GUY </li></ul>property of YCIS all rights reserved © 2008
  4. 4. mel OWN’s a… property of YCIS all rights reserved © 2008
  5. 5. HOUSE <ul><li>with FIXED </li></ul><ul><li>30 year mortgage </li></ul>property of YCIS all rights reserved © 2008
  6. 6. he LIKES … property of YCIS all rights reserved © 2008
  7. 7. property of YCIS all rights reserved © 2008
  8. 8. is GOOD friends with … property of YCIS all rights reserved © 2008
  9. 9. OXNARD property of YCIS all rights reserved © 2008
  10. 10. mel WORKS … property of YCIS all rights reserved © 2008
  11. 11. property of YCIS all rights reserved © 2008 here
  12. 12. mel is full of GREAT … property of YCIS all rights reserved © 2008
  13. 13. property of YCIS all rights reserved © 2008
  14. 14. when it COMES to … property of YCIS all rights reserved © 2008
  15. 15. property of YCIS all rights reserved © 2008
  16. 16. and … property of YCIS all rights reserved © 2008
  17. 17. property of YCIS all rights reserved © 2008
  18. 18. but NOT with… property of YCIS all rights reserved © 2008
  19. 19. PLANNING for LIFE <ul><li>AFTER… </li></ul>property of YCIS all rights reserved © 2008
  20. 20. property of YCIS all rights reserved © 2008
  21. 21. mel will live to be… <ul><li>92! </li></ul>property of YCIS all rights reserved © 2008
  22. 22. mel will need <ul><li>$40k a year in retirement! </li></ul>property of YCIS all rights reserved © 2008
  23. 23. property of YCIS all rights reserved © 2008
  24. 24. PROBLEM is … <ul><li>if mel draws </li></ul><ul><li>enough money to </li></ul><ul><li>maintain his </li></ul><ul><li>current lifestyle , </li></ul>property of YCIS all rights reserved © 2008
  25. 25. mel’s tax deferred retirement plan runs out when he is only... <ul><li>72! </li></ul>property of YCIS all rights reserved © 2008
  26. 26. mel DID … <ul><li>what EVERYBODY else does… </li></ul>property of YCIS all rights reserved © 2008
  27. 27. <ul><li>PUT ALL his retirement savings in a ( 401k , IRA , 403b , etc .) </li></ul><ul><li>PAID DOWN </li></ul><ul><li>his house, so it would be… </li></ul>property of YCIS all rights reserved © 2008
  28. 28. HOUSE <ul><li>“ FREE </li></ul><ul><li>& </li></ul><ul><li>CLEAR </li></ul><ul><li>when mel retired </li></ul>property of YCIS all rights reserved © 2008
  29. 29. mel did it BECAUSE his … property of YCIS all rights reserved © 2008
  30. 30. DAD did… property of YCIS all rights reserved © 2008
  31. 31. and it worked … <ul><li>FOR> </li></ul><ul><li>because … </li></ul>property of YCIS all rights reserved © 2008
  32. 32. mel’s DAD wasn’t property of YCIS all rights reserved © 2008
  33. 33. ONE of … <ul><li>78 MILLION BABY BOOMERS!!! </li></ul><ul><li>WHO… </li></ul>property of YCIS all rights reserved © 2008
  34. 34. started retiring YESTERDAY! property of YCIS all rights reserved © 2008
  35. 35. <ul><li>that’s a lot of fish to feed * </li></ul><ul><li>* SOCIAL SECURITY to pay out </li></ul>property of YCIS all rights reserved © 2008
  36. 36. <ul><li>78 MILLION! BABY BOOMERS </li></ul>property of YCIS all rights reserved © 2008
  37. 37. <ul><li>FISH are PEOPLE too! </li></ul><ul><li>us </li></ul><ul><li>= </li></ul>property of YCIS all rights reserved © 2008
  38. 38. 7 things mel did NOT consider property of YCIS all rights reserved © 2008
  39. 39. <ul><li>no LIQUIDITY </li></ul><ul><li>no SAFETY </li></ul><ul><li>no RETURN on INVESTMENT </li></ul>property of YCIS all rights reserved © 2008
  40. 40. <ul><li>TAX DEFERRAL </li></ul><ul><li>LONGEVITY </li></ul><ul><li>INFLATION </li></ul>property of YCIS all rights reserved © 2008
  41. 41. 7 th … property of YCIS all rights reserved © 2008
  42. 42. the WORST for LAST… property of YCIS all rights reserved © 2008
  43. 43. DRUMROLL property of YCIS all rights reserved © 2008
  44. 44. TAXES property of YCIS all rights reserved © 2008
  45. 45. is THE … <ul><li>NAIL in the … </li></ul>property of YCIS all rights reserved © 2008
  46. 46. COFFIN property of YCIS all rights reserved © 2008
  47. 47. what's WRONG with mel’s plan? property of YCIS all rights reserved © 2008
  48. 48. here are a few of the BIG things … property of YCIS all rights reserved © 2008
  49. 49. 1st … <ul><li>LIQUIDITY </li></ul>property of YCIS all rights reserved © 2008
  50. 50. mel CANNOT get his MONEY any time he needs it … property of YCIS all rights reserved © 2008
  51. 51. that makes it NOT… property of YCIS all rights reserved © 2008
  52. 52. property of YCIS all rights reserved © 2008
  53. 53. 2nd … <ul><li>safety </li></ul>property of YCIS all rights reserved © 2008
  54. 54. <ul><li>mel has lost a large amount of the MONEY he was counting on for retirement! </li></ul>property of YCIS all rights reserved © 2008
  55. 55. <ul><li>even the … </li></ul>property of YCIS all rights reserved © 2008
  56. 56. CASH property of YCIS all rights reserved © 2008
  57. 57. IN his … property of YCIS all rights reserved © 2008
  58. 58. equity property of YCIS all rights reserved © 2008
  59. 59. was NOT ! property of YCIS all rights reserved © 2008
  60. 60. SAFE property of YCIS all rights reserved © 2008
  61. 61. mel’s house lost value! ( like most of us ) property of YCIS all rights reserved © 2008
  62. 62. that's money he was counting on for retirement… <ul><li>GONE! </li></ul>property of YCIS all rights reserved © 2008
  63. 63. 3rd … <ul><li>RETURN ON INVESTMENT </li></ul>property of YCIS all rights reserved © 2008
  64. 64. <ul><li>we are simply going to </li></ul><ul><li>make a point about </li></ul><ul><li>what equity </li></ul><ul><li>REALLY IS! </li></ul><ul><li>and how most people </li></ul><ul><li>perceive their homes… </li></ul>property of YCIS all rights reserved © 2008
  65. 65. <ul><li>to reinvest your money for </li></ul><ul><li>an extra million at retirement </li></ul><ul><li>you may move assets from </li></ul><ul><li>ANYWHERE , </li></ul><ul><li>not just from the equity </li></ul><ul><li>in your home! </li></ul>property of YCIS all rights reserved © 2008
  66. 66. equity doesn’t <ul><li>earn money … </li></ul><ul><li>it’s just LAZY IDLE dollars ! </li></ul>property of YCIS all rights reserved © 2008
  67. 67. RETURN on INVESTMENT <ul><li>is the process </li></ul><ul><li>of EARNING interest </li></ul><ul><li>on your money </li></ul>property of YCIS all rights reserved © 2008
  68. 68. if mel would have taken $ 200k out of the house when he had it … property of YCIS all rights reserved © 2008
  69. 69. and put it somewhere that earned lets say… 9% compound interest property of YCIS all rights reserved © 2008
  70. 70. that 200k would be… <ul><li>400 k in 7.5 years! </li></ul>property of YCIS all rights reserved © 2008
  71. 71. <ul><li>hard to believe ? </li></ul>property of YCIS all rights reserved © 2008
  72. 72. <ul><li>meet albert einstein </li></ul>property of YCIS all rights reserved © 2008
  73. 73. he said... <ul><li>“ compound interest is the 8 th wonder of the world ” </li></ul><ul><li>Albert Einstein </li></ul>property of YCIS all rights reserved © 2008
  74. 74. 4th … <ul><li>tax deferral </li></ul>property of YCIS all rights reserved © 2008
  75. 75. MEANING… mel’s ( 401(k), IRA, 403(b) ) <ul><li>tax deferred retirement plan … </li></ul>property of YCIS all rights reserved © 2008
  76. 76. <ul><li>has not been taxed </li></ul><ul><li>yet , </li></ul>property of YCIS all rights reserved © 2008
  77. 77. but it WILL BE taxed… <ul><li>during his retirement years </li></ul>property of YCIS all rights reserved © 2008
  78. 78. <ul><li>tax deferral would be the </li></ul><ul><li>greatest thing on… </li></ul>property of YCIS all rights reserved © 2008
  79. 79. <ul><li>if… </li></ul>property of YCIS all rights reserved © 2008
  80. 80. <ul><li>mel TRULY </li></ul><ul><li>believed </li></ul><ul><li>in his … </li></ul>property of YCIS all rights reserved © 2008
  81. 81. <ul><li>that… </li></ul>property of YCIS all rights reserved © 2008
  82. 82. <ul><li>TAXES will be … </li></ul><ul><li>the same , </li></ul><ul><li>or lower in the future . </li></ul>property of YCIS all rights reserved © 2008
  83. 83. property of YCIS all rights reserved © 2008
  84. 84. he has BILL$ property of YCIS all rights reserved © 2008
  85. 85. what would you rather pay TAXES on? property of YCIS all rights reserved © 2008
  86. 86. the SEED ? property of YCIS all rights reserved © 2008
  87. 87. <ul><li>OR the ? </li></ul>property of YCIS all rights reserved © 2008
  88. 88. HARVEST ? property of YCIS all rights reserved © 2008
  89. 89. don’t you think TAXES will HAVE to go UP … ? property of YCIS all rights reserved © 2008
  90. 90. <ul><li>and it might be better to pay them </li></ul><ul><li>NOW ? </li></ul>property of YCIS all rights reserved © 2008
  91. 91. property of YCIS all rights reserved © 2008
  92. 92. NO NEED TO WONDER any longer … <ul><li>oh you didn't… </li></ul>property of YCIS all rights reserved © 2008
  93. 94. THEY ALREADY WENT UP!!!
  94. 95. MAY 2007 congress RAISED taxes <ul><li>“ the largest tax hike in U.S. history” </li></ul>property of YCIS all rights reserved © 2008
  95. 96. MEANING… <ul><li>our taxes WILL be going up in 2010 !!! </li></ul>property of YCIS all rights reserved © 2008
  96. 97. 5th … <ul><li>longevity </li></ul>property of YCIS all rights reserved © 2008
  97. 98. PROBLEM is … <ul><li>mel lives to be 92 </li></ul><ul><li>but his tax deferred retirement plan runs out when he is only 72 </li></ul>property of YCIS all rights reserved © 2008
  98. 99. 20 YEARS ! <ul><li>of living on </li></ul><ul><li>social security alone… </li></ul><ul><li>YIKES!!! </li></ul>property of YCIS all rights reserved © 2008
  99. 100. mel will need to share his with… property of YCIS all rights reserved © 2008
  100. 101. <ul><li>78 MILLION! BABY BOOMERS </li></ul>property of YCIS all rights reserved © 2008
  101. 102. did you know social security is taxed as income ? property of YCIS all rights reserved © 2008
  102. 103. mel has no tax write offs property of YCIS all rights reserved © 2008
  103. 104. cat food MELVIN ? property of YCIS all rights reserved © 2008
  104. 105. property of YCIS all rights reserved © 2008
  105. 106. PROBLEM is … <ul><li>Social security </li></ul>property of YCIS all rights reserved © 2008
  106. 107. is … property of YCIS all rights reserved © 2008
  107. 108. ed property of YCIS all rights reserved © 2008
  108. 109. meet alan green span <ul><li>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 </li></ul>property of YCIS all rights reserved © 2008
  109. 110. HE SAYS … <ul><li>“ as best I can judge, when the </li></ul><ul><li>BabyBoom ( generation ) retires, </li></ul><ul><li>we are going to have to </li></ul><ul><li>either raise taxes </li></ul><ul><li>very sharply or </li></ul><ul><li>cut benefits by HALF ” </li></ul>property of YCIS all rights reserved © 2008
  110. 111. <ul><li>SOCIAL SECURITY </li></ul>property of YCIS all rights reserved © 2008
  111. 112. is … property of YCIS all rights reserved © 2008
  112. 113. ed property of YCIS all rights reserved © 2008
  113. 114. 6th … <ul><li>inflation </li></ul>property of YCIS all rights reserved © 2008
  114. 115. going to = in the future ? <ul><li>what is… </li></ul>property of YCIS all rights reserved © 2008
  115. 116. we don’t know but, less for sure property of YCIS all rights reserved © 2008
  116. 117. 7th … <ul><li>TAXES </li></ul>property of YCIS all rights reserved © 2008
  117. 118. what will cause the taxes to go up ? property of YCIS all rights reserved © 2008
  118. 119. how about NATIONAL DEBT? property of YCIS all rights reserved © 2008
  119. 120. 9 trillion in debt <ul><li>actually its WORSE </li></ul>property of YCIS all rights reserved © 2008
  120. 121. meet david walker <ul><li>COMPTROLLER GENERAL OF THE U N I T E D S T A T E S </li></ul>property of YCIS all rights reserved © 2008
  121. 122. he notes … if you Include social security , medicare , medicaid , it makes the REAL DEBT … <ul><li>$ 42 trillion </li></ul>property of YCIS all rights reserved © 2008
  122. 123. 7 strikes to the HEAD of household! property of YCIS all rights reserved © 2008
  123. 124. we can now say mel’s… <ul><li>RETIREMENT PLAN </li></ul>property of YCIS all rights reserved © 2008
  124. 125. is NOT a PLAN at all property of YCIS all rights reserved © 2008
  125. 126. whose retirement is mel planning? property of YCIS all rights reserved © 2008
  126. 127. THANKS melvin ! property of YCIS all rights reserved © 2008
  127. 128. THANKS melvin! property of YCIS all rights reserved © 2008
  128. 129. THANKS dad ! property of YCIS all rights reserved © 2008
  129. 130. SORRY son ! property of YCIS all rights reserved © 2008
  130. 131. I QU IT! property of YCIS all rights reserved © 2008
  131. 132. he did! property of YCIS all rights reserved © 2008
  132. 133. <ul><li>DIFFERENT is NOT always </li></ul><ul><li>BETTER, </li></ul><ul><li>but BETTER is </li></ul><ul><li>ALWAYS … </li></ul>property of YCIS all rights reserved © 2008
  133. 134. DIFFERE N T! property of YCIS all rights reserved © 2008
  134. 135. what’s for dinner melvin ? property of YCIS all rights reserved © 2008
  135. 136. property of YCIS all rights reserved © 2008
  136. 137. <ul><li>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 </li></ul><ul><li>successful ( TAX SMART ) retirement </li></ul><ul><li>contact us at… </li></ul>property of YCIS all rights reserved © 2008
  137. 138. ( 866 - 884 - 7483 ) or get STARTED NOW at www. the fortune academy .com THE END property of YCIS all rights reserved © 2008

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