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Say
"Yes"
to Tax Free Retirement
What if everything you
ever learned about retirement planning was just WRONG?
How much do you want your monthly income to drop
after you retire?
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Feeding tax dollars to
Uncle Sam....
Cut your income tax obligation....
Have more money for retirement... |
Set yourself up for life
Create a Financial Safety Net -
without being trapped
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Whether you are 25 or 75, this
financial income planning information will apply to you…
...year after year we work at our jobs and put away money in various retirement
 vehicles – ( IRA, 401k, 403b, TSA, etc.) but the statistics are showing us that after you retire, your money may last only 10 years before it runs out. You could be broke before you die. If you own a home, you may have to sell the home just to survive.
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What most people think is the “best” way to save just isn’t. The IRS and Congress approved over 25 years ago, a Retirement Savings program popularly referred to as a “Private Plan”
which is not any of the standard government deferred plans.
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The Roth IRA is one answer,
however it is limited and restrictive, and does not allow the volume
of growth and potential as the "Private Plan"
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Taxes will increase and standard retirement plans are taxable making it very important to change our approach for our
Retirement Income Planning -
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Those who are worried about
College Funding for their kids, we have
answers for you, too.
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See statement by Alan Greenspan below:
Fortune Magazine, October 1, 2007
Alan Greenspan
“We have a dysfunctional political system in the sense that there are very serious fiscal problems out there, most importantly, Medicare. As best I can judge when the baby boom
(generation) retires, we are going to have to either raise taxes very sharply or cut benefits by half. No politician wants to confront this. And this is a very sad event because what’s at stake here is the fiscal stability of the American Government.”
Wealth Fades Quickly for many Retirees
Looking back after 10 years / current ages 61 - 71:
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Total wealth grew 85% from $235,514 to $435,000.
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50% saw their wealth increase 50% or more
But during those 10 years:
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9% lost 100% of their wealth
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21% lost 50 - 100%
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4% lost 25 - 50%
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Health was a major factor in retaining wealth
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Of the 34% who lost their wealth,
36% had ben hospitalized
40% had spent time in a Nursing Home
Brett A. Anderson - "Last Chance Retirement"
Last
Chance Retirement
A book by Brett A. Anderson
This Financial
Planning for Retirement information is a
snapshot of some of the information found in Brett’s book, an associate with
whom I work.
The Best Way to save
for Retirement no one has ever told you about – TAX FREE
Just say “NO” to an
IRA, 403b, 401k, 457, SEP– Don’t be a victim of the TAX DEFERRED traps.
And a ROTH isn't much better....
There are 2 ways to
go and most go the wrong way
1.
IRA, 403b 457, SEP, Keogh are
not
tax free
2.
An IRS approved Private Plan that
is
tax free
(and it can yield a 10:1 return on invesment when given time to grow)
What
most people think is the “best” way to save just isn’t. The IRS and
Congress approved over 25 years ago, a Financial Planning For Retirement Savings program
popularly referred to as a “Private Plan”.
Which
list of options would you choose to be a part of your retirement plan?
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IRA, 403b, 401k, 457,
SEP, or KEOGH |
Private Plan |
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Earnings |
Tax deferred |
Tax deferred |
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Principal withdrawals |
Taxed 33% - 40% |
Tax Free |
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Earnings Withdrawals |
Taxed 33% - 40% |
Tax Free |
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Retirement Income |
Taxed 33% - 40% |
Tax Free |
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Beneficiary Value |
Taxed 33% - 40% |
Tax Free |
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Contribution Limit |
$15,500 max per year |
No limit |
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Pre age 591/2 Penalty |
10% + state penalty |
None |
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Mandatory Distribution |
Age 701/2 |
None |
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Historical rate of return |
2-5% |
7-9% |
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Example Comparison –
Age 45: save $1000/month for 15 years @ 7% net |
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Account Value Age 61 |
$288,000 |
$317,000 |
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Retirement Income Age 61 |
$40,000 per year
(net $27,000) |
$40,000 per year
(tax free) |
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Retirement Income Age 71 |
0 – already ran out |
$40,000 per year
(tax free) |
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Retirement Income Age 81 |
0 – already ran out |
$40,000 per year
(tax free) |
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Retirement Income Age 91 |
0 – already ran out |
$40,000 per year
(tax free) |
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Retirement Income Age 100 |
0 - already ran
out |
$40,000 per year
(tax free) |
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Account Value Age 100 |
0 |
$6,000,000 |
See Video Presentation
(you don't need to
Login....just click "client presentation")
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Contact me for
an personal interview at no cost to you. We must analyze your
position, and your present investments and assets to see if this is a fit
for you.
Lee Zebold, BSc, LX
Accurate Credit
and Financial Planning
lzebold@sbcglobal.net
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