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Joyce Retire in 5 years Income Target 3,000/mo basic + 2,000/mo fun 60,000 Plus taxes

Joyce Purpose: Make sure there is enough money to retire on in 5 years Method: Low risk with guarantees Outcome : Feel confident I can have enough extra money to enjoy trips with my grandchildren. Be free to have fun. Know I can pay for any illness when I get much older. Pension 1,800/mo.

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Joyce Retire in 5 years Income Target 3,000/mo basic + 2,000/mo fun 60,000 Plus taxes

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  1. Joyce Purpose: Make sure there is enough money to retire on in 5 years Method: Low risk with guarantees Outcome: Feel confident I can have enough extra money to enjoy trips with my grandchildren. Be free to have fun. Know I can pay for any illness when I get much older. Pension 1,800/mo Social Security 2,000/mo Fixed Annuity Guaranteed 4% 1,000/mo Joyce Retire in 5 years Income Target 3,000/mo basic + 2,000/mo fun 60,000 Plus taxes CDS 2% 300,000 500/mo IRA CDs 2% 300,000 500/mo OR Variable annuity Stock market risk/reward Guaranteed 5% 300,000 1,200/mo 10 Huntly Circle, Palm Beach Gardens, FL 33418 P: 561-776-6209 | F: 561-828-3905 |Info@suddenmoney.com |www.suddenmoney.com

  2. Investment Silos: Daniel and Elaine Absolutely # 2 VeryModest Risk $ 5 million # 1 Absolutely Safety $ 8 million # 3 Long Term Growth $5 million Purpose: Growth of principal to pass on to children Method: Higher risk reward investments, hedge funds, high yield bonds, private equity Outcome: Growth wealth for our estate, take risks now so next generation will benefit . “ We took good care of ourselves and family” Purpose: Principal preservation, no income just peace of mind, liquidity Method: Very minimal risk with CDs, very short term AAA munis, US Gov’t securities Outcome: No loss over the course of a year, hope to have enough interest to keep up with inflation “We never lost a dime” Purpose: Stay ahead of inflation and taxes, liquidity and support as needed Method: Diversified bonds, including non traditional bonds – expect modest fluctuation in principal Outcome: Offset the conservative nature of #1. Protection from inflation and taxes “Smart to stay ahead of inflation”

  3. PURPOSE ALLOCATION Sylvia’s three main purposes Income Purpose: I need to replace my salary with at least $60,000 to live on, but I really want $70,000 Method: I want as much guaranteed as possible. Be very conservative. Outcome: I want to feel free to enjoy myself, make sure I will be able to cover any medical expenses, not worry about inflation making me poor when I am really old. Growth Purpose: I want some money to grow for the future- more fun, inflation, and medical. Method: Invest with a little more risk, some stocks are okay Outcome: I wan to feel smart and safe. Incase something bad happens I can afford to take of myself. If nothing bad happen I can have a really good time now and then. Giving and Sharing Purpose: I want to have 5,000 a year to donate to my charities Method: I can take some risk with this money, Outcome: I hope to maintain my commitments and teach my children the joy of sharing. It would be wonderful for the money leftover to go into a family foundation

  4. The Big Question: Do I have enough to retire? Total Expenses: $60,000, but I would like to have $70,000 Income Investments Genworth 390,000 IRA 220,000 Morgan Stanley 220,000 Eaton Vance 6,000 CDs 185,000 Checking Account Receives $72,000/yr Dividend/Interest Income $12,000 Note: this is only 1.5% Pension/Social Security $48,400Note: guaranteed income Expenses: 60,000 year 5,000/mo Estimated Taxes: 7,000/yr Paid quarterly 1750/quarter Extra income: $5,000 More dividend/interest income is available IRA $11,600 Total Estimated Income $72,000

  5. Non-Income Investments Growth Family Trust $300,000 Purpose: Provide money for medical needs and extra income Method: Moderate growth investment, target growth rate of 6% Outcome: Live with confidence knowing I can take care of myself and still leave money to my children. Note: at 6% net average return my money should double every 12 years – In 6 years I hope the Trust will have $450,000 Giving and Sharing Money NFS $196,000 Purpose: Provide me with $5,000 each year for my charitable commitments Method: Moderate but not too risky investments, target 5% a year Outcome: Fulfill my minimum commitment to sharing my wealth and helping others. I feel it is necessary for me to share without jeopardizing my health and basic living. I want my children to follow my example and use what is left in this portfolio into a family foundation

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