annalee leonard lecture
TRANSCRIPT
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Annalee Leonard Investment Advisor Representative*
Master Elite IRA Advisor Founder & President, Mainstay Financial Group
Founder, Power of E3, Inc.
Investment Advisory Services provided by Payne Capital Management, LLC a Registered Investment Advisory Firm
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This much money……..
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Is NOT this much money!
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Growth Distribution Preservation
Different
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Growth Distribution Preservation Specialist
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Higher taxes? Inflation? Changes in benefit structure?
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Things to consider
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* Unless disabled
• Earliest age 62 * • Discount if take early • Should you wait until 66 or 70? • Rules for widows/widowers • High wage earner and benefits • Divorcees • Break even point? • Individual circumstances
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Where to take money from? Taxable Fully Partially None
This is not intended or written to be used to avoid any penalty imposed by a taxing authority, nor may the user/recipient of this use is for tax advice. Please consult your own personal advisor /CPA for these matters
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Retirement Accounts
401K, 403B, DROP* •Partners with the company
•Company rules
IRA •Your plan •Greater flexibility
* Deferred Retirement Option Program
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•Qualified (pre-tax) money •Rules of distribution
•59 ½
•70 ½
•Date of birth determines if you will take at 70 ½ or 71
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Rules of Aggregation
401k Def comp
403b
IRA
IRA
IRA
Roth IRA ?
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Investment plan that works IN retirement
Safe Live on
Risk Grow on
Rainy Day Emergency
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No one knows the future
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Importance of Market Timing
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“October is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August, and February.” – Mark Twain
21
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Sequence of Returns 1979-2009
01/01/1979-01/01/2009 • Total Annualized Return of 10.7 percent • Accounting for 4 percent inflation • Vanguard S&P 500 Mutual Fund VNFIX. This product is not sponsored, endorsed, sold or promoted by the instructor and instructor makes no representation re: the availability of purchasing this product. 22
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Cruel Math
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Diversification
Key Strategies
Laddering
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The Four Reasons Investors Fail The 4 P’S
1.Portfolio risk (More than necessary) 2.Performance (Underperformance) 3.Price (Overcharge themselves) 4.Personal Service (Lack of)
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What can you do?
Remember investing is process driven not event driven
Stay focused on your long term goals
Keep it S.I.M.P.L.E.
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Simplicity Invest Miracle of compounding Plan Long term investing Expenses
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Your Safe Bucket
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Fixed Index Annuity Concept
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Financial
Legal
Tax Counselor
Physician
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