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Ira client_sample2014-09-18_t12_03_32

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.

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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
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
$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
Prepared For: CLIENT, SAMPLE Prepared By: Chary, MBA, CFP, Ranga 9/18/2014
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
Prepared For: CLIENT, SAMPLE Prepared By: Chary, MBA, CFP, Ranga 9/18/2014
Prepared For: CLIENT, SAMPLE Prepared By: Chary, MBA, CFP, Ranga 9/18/2014
Prepared For: CLIENT, SAMPLE Prepared By: Chary, MBA, CFP, Ranga 9/18/2014
Prepared For: CLIENT, SAMPLE Prepared By: Chary, MBA, CFP, Ranga 9/18/2014
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
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 $859,111 Prepared For: CLIENT, SAMPLE Prepared By: Chary, MBA, CFP, Ranga 9/18/2014
Net to Estate Age Net to Estate (Defer Income Tax) Net to Estate (IRD - If Account Liquidated) Year SAMPLE Total Account Net to Estate Percent of Assets Remaining Income Tax ($ 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 $740,847 58% Prepared For: CLIENT, SAMPLE Prepared By: Chary, MBA, CFP, Ranga 9/18/2014
Net to Estate Age Net to Estate (Defer Income Tax) Net to Estate (IRD - If Account Liquidated) Year SAMPLE Total Account Net to Estate Percent of Assets Remaining Income Tax ($ 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
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
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
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
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
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
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
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

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Ira client_sample2014-09-18_t12_03_32

  • 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 ratesused 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 - $490,791tax $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: Eachof 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 AgeQualified 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 AgeQualified 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 $859,111 Prepared For: CLIENT, SAMPLE Prepared By: Chary, MBA, CFP, Ranga 9/18/2014
  • 12.
    Net to Estate Age Netto Estate (Defer Income Tax) Net to Estate (IRD - If Account Liquidated) Year SAMPLE Total Account Net to Estate Percent of Assets Remaining Income Tax ($ 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 $740,847 58% Prepared For: CLIENT, SAMPLE Prepared By: Chary, MBA, CFP, Ranga 9/18/2014
  • 13.
    Net to Estate Age Netto Estate (Defer Income Tax) Net to Estate (IRD - If Account Liquidated) Year SAMPLE Total Account Net to Estate Percent of Assets Remaining Income Tax ($ 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 isfor 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