The Fear of Running out of Money

The Fear of Running out of Money Tips & planning strategies to fully utilize your Restylement™ income

An Uncertain Environment ,[object Object],[object Object]

Longevity ,[object Object],Sources: “Working with Seniors,” The Society of Senior Advisors, 2005. National Center for Health Statistics, 2002. The Number , Lee Eisenberg, pg. 98

Healthcare Costs ,[object Object],Cataract Surgery $5,000 Low Back Pain Surgery $4,500 Knee Replacement $23,000 Coronary Artery Bypass $55,000 Hip Replacement $24,000 Source: Healthpartners.com, 2010.

Healthcare ,[object Object],[object Object],Source: Fidelity Benefits Consulting Survey, 2011

Inflation – The Black Hole ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Inflation ,[object Object],[object Object],[object Object],[object Object],[object Object],Sources: Standard & Poor’s S&P 500, Yahoo! Finance, 2010 Disclosure – The S&P 500 index is unmanaged and not available for direct investment; therefore its performance will not reflect the expenses and costs associated with active management of an actual fund. Past performance does not guarantee future results.

Inflation ,[object Object],[object Object]

How Much Do You Need? Source: The Number , Lee Eisenberg, 2006. To be . . . ...you need... (annually) ...which means a number of... Comfortable : lives in one home, eats and travels modestly, though better than most $50K–$100K $1–$2 million Comfortable+ : likes occasional upgrade, mid-priced country club, a small second home $175K–$250K $2–$5 million Kind of Rich : likes finer things, eats/drinks/travels well, gives money away, picks up checks, couple of nice houses $350K–$500K $7–$10 million Rich : spends weeks/months abroad, exclusive gated golf communities, place for every season, fractional jets, member of boards > $1 million > $20 million

Social Insecurity ,[object Object],[object Object],[object Object],*Source: Social Security Administration, 2009

Social Security ,[object Object],[object Object],[object Object],[object Object]

Medicare ,[object Object],[object Object],[object Object],[object Object],[object Object]

Medicare ,[object Object],[object Object],[object Object]

So… What Can You Do? ,[object Object],[object Object],[object Object]

Thank you! ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Securities and advisory services offered through National Planning Corporation (NPC), Member FINRA/SIPC, a Registered Investment Adviser. Additional advisory services offered through Lexco Wealth Management Inc.(LEXCO), a Registered Investment Adviser and Wealth Management Group of N.A. (WMGNA), a Registered Investment Adviser. Lexco, WMGNA, The Hartford, and NPC are separate and unrelated companies.

The Fear of Running out of Money

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The Fear of Running out of Money