Exploring Your Options For A Quality Retirement Redone

Exploring Your Options for a Quality Retirement The Society for Financial Awareness Securities offered through AIG Financial Advisors Inc., a registered broker-dealer, member NASD and SIPC.

Identify the Money Behavior That is Within You ,[object Object],[object Object]

Different Types of People ,[object Object],[object Object],[object Object],[object Object],[object Object]

4 Key “Eroders” to Building Your Nest Egg ,[object Object],[object Object],[object Object],[object Object]

4 Key “Eroders” to Building Your Nest Egg ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],*Usually the Heloc is a variable interest rate program. Your payment could increase or decrease over the length of time you possess your Heloc. The interest of the Heloc is usually tax deductible since it’s tied to your mortgage. **An interest only payment does not eliminate the principle of the debt. In this example, the debt is simply consolidated, not eliminated.

Where Could the Extra Cash Flow Go? ,[object Object],[object Object],[object Object],[object Object],[object Object]

4 Key “Eroders” to Building Your Nest Egg ,[object Object],[object Object],[object Object],[object Object],*Source: Bureau of Labor Statistics, Consumer Price Index (CPI-U). Data through year end 2006

4 Key “Eroders” to Building Your Nest Egg ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

4 Key “Eroders” to Building Your Nest Egg ,[object Object],[object Object],[object Object],[object Object],[object Object]

Social Security VS. “Self” Security ,[object Object],[object Object],[object Object],[object Object],[object Object]

Inspect What You Expect ,[object Object],[object Object],[object Object],[object Object]

Different Income Streams ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Qualified Plan Contribution ,[object Object],[object Object],[object Object],[object Object],[object Object]

Qualified Vs. Non-Qualified ,[object Object],[object Object],*An insurance or annuity vehicle is not implied.

Qualified Vs. Non-Qualified ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Qualified Accumulation ,[object Object],*Assumes variables are constant for 30 years. This example is for illustration only and is not a guarantee or representative of any investment or product. Fees and expenses inherit in investing would lessen the accumulated amount. $6,000 Gross Input ($2,000) Tax savings at 33.33% tax bracket $4,000 Net investment cost Over 30 years*, we would have $60,000 in tax savings (30 years X $2,000 per year) and an account value of $679,700 .

Qualified Distribution ,[object Object],$679,700 Nest Egg X 8% $54,376 Gross Income -18,123.52 Taxes due at 33.33% $36,252.48 Net Spendable Income* If we live 25 years in retirement the total amount of taxes we would pay under current assumptions is $453,088 . Further, it would take only 3.3 years to completely pay back the IRS all $60,000 in tax deductions they allowed us during our accumulation years. *Assumes distributions taken as income are only investment earnings of a hypothetical rate of return of 8% annually, therefore not depleting the principal balance.

A Little Food for Thought… ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Exploring Your Options For A Quality Retirement Redone

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