LIFE & WEALTH SOLUTIONS FOR YOUNG PHARMACISTS

Slides:

Advertisements

Similar presentations

T is for Tax Efficient T Class funds can defer more capital gains tax.

Advertisements

An Indexed Annuity is a Fixed Annuity It retains all the benefits of a traditional fixed annuity: Your principal is guaranteed. Your interest credits.

Retirement Roadmap. Disclaimer Nothing in this presentation is a guarantee of future income or earnings. Information contained in this presentation is.

Products and financial services provided by T HE S TATE L IFE I NSURANCE C OMPANY | a O NE A MERICA ® company Products and financial services provided.

Preparing for Your Retirement… A Retirement Planning Review © 2008 VSA, LP Valid only if used prior to January 1, The information, general principles.

The FAB Calculators © Financial Asset Building Personal Planning Calculators Access the FAB Calculators © at Developed by Richard.

Preparing for Your Retirement… A Retirement Planning Review © 2009 VSA, LP Valid only if used prior to January 1, The information, general principles.

How overlooking this aspect of diversification could impact a client’s retirement income A life insurance educational presentation Presented by [Name]

Interests in CollegeAmerica are sold through unaffiliated intermediaries. © 2007 American Funds Distributors, Inc.AI

Luke Erickson, Extension Educator Jim Schaffer, Extension Educator 1.

Investment and Financial Services: What Every Financial Educator Should Know.

©2003 ING FOR AGENT USE ONLY Contracts issued by ING USA Annuity and Life Insurance Company. Service Office: 909 Locust Street, Des Moines, Iowa

Reinventing Retirement Knowledge Is Retirement Power Date Plan Name Source:

Do not put content on the brand signature area ©2014 Voya Services Company. All rights reserved. CN Protecting Your Family’s Inheritance.

©UFS Financial Planning 101 Investment Advisory Services offered through Investment Advisor Representatives of MetLife Securities, Inc. (MSI), 200 Park.

1 Tools and Strategies for Life’s Financial Decisions Presented By: Brian H. Grant, CLU, ChFC, MSFS Certified Financial Planner™ President.

1. FIA is a One-Stop Financial Center, helping people take charge of their family’s future. 2 FIA helps bring Equity Indexed Products to middle America.

Chapter 1 Overview of a Financial Plan Copyright © 2012 Pearson Canada Inc. edited by Laura Lamb, Department of Economics, Thompson Rivers University 1-1.

The presentation will begin shortly This webinar is being recorded for future use. Funds for this webinar were provided by the U.S. Department of Health.

CAC.5068 (05.13) TAKE CHARGE OF YOUR FINANCIAL FUTURE A Woman’s Guide to Investing for Retirement

Today’s Topics Introduction Emergency Fund Life Insurance College Funding Retirement Planning Questions & Answers Entails these topics during 1 st client.

©2013 Lincoln National Corporation For agent or broker use only. Not for use with the public. LCN LIFE SOLUTIONS Presenter name Presenter.

The 4 Steps Determine your income need Close your income gap Protect yourself from risks Keep your planning simple.

Hickam Air Force Base Financial Management. Brian S.C. Ching Senior Vice President Financial Advisor Wedbush Morgan Securities (808)  * This.

Form No CA (0905) JL Waite Financial Group.

AIG / VALIC Retirement Services and TDS Present 403b Retirement Plan Services for Foothill - DeAnza Community College District.

Welcome. Workshop Objectives Introduce Introduce Educate Educate Illustrate Illustrate.

The Financial Plan © 2010 Pearson Education, Inc. All rights reserved Chapter 2.

Personal Financial Statements (Preparation and Analysis)

Saving for Education Education Funding. What We Will Cover Before you invest for school Three Important Facts The Cost of College The College Funding.

Tax Smart Financial Strategies for Our Employees Provided by: Riverview Intermediate Unit 6 Presented by: Kades-Margolis Corporation.

National Association of Black Accountants, Inc. M ney $ense Financial Goals.

Welcome to the Professional’s Approach to Rollover Concepts Presented by: LFM Fixed Strategies Insurance Services Florian Spinello Lauren Carrasco & Sarah.

Chapter 1 Overview of a Financial Plan

11 The Changing Landscape: Your Strategy Preserving retirement assets and generating desired retirement income can be a challenge. The future can seem.

Should I convert some of my Traditional IRA assets to a Roth IRA in 2010? RELAXED ELIGIBILITY MAY MEAN NEW OPPORTUNITY ► FOR INVESTMENT PROFESSIONALS Not.

Help protect your income and financial future Individual Disability Income Insurance.

LCN For broker/dealer use only. Not for use with the public. From income to heirs Help protect your client’s estates and increase their assets.

Basics of Investing. 2 Things To Do Before Investing Pay off credit card debt! Pay off credit card debt! No investment pays as much as credit card companies.

WelcomeInformationProcessYour Role Sit Back – Relax – Ask Questions – Get Info – ACT! A Guide To Your Distribution Options.

Take Charge of Your Money when you leave your job LFD [Presenter's Name] [Presenter's Title] [Presenter's Firm Information] [Date of Presentation]

Introduction to Saving. Saving Basics Savings is the portion of current income not spent on consumption. Recommended to have a minimum of 3-6 months salary.

*. The High Cost of an Education Rising Cost Of College Education Source: U.S. Department of Education, Projected cost upon child's entrance to.

Financial Literacy: Knowing What You Need To Know To Achieve Your Financial Goals.

One policy, many purposes

Financial Planning Toolkit: Reverse Mortgages March 2014 Reverse Mortgage Funding Social Security Delay.

STRATEGY THREE Debt Recycling Tax Planning Strategies for 2015.

Preparing all school employees for their financial futures Marita Zuraitis – President and CEO, Horace Mann.

© 2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

Shares of Oppenheimer funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency.

HIDDEN DESCRIPTION SLIDE — NOT TO BE SHOWN TO THE PUBLIC Financial Facts Catalogue code: B07 Full presentation or module? Presentation Slide numbers: B07-1.

It’s time to start thinking about college Using cash value life insurance for college Registered Representative, Securian Financial Services, Inc., Securities.

Personal Financial Literacy

Financial Planning. A tool used to achieve financial success based upon the development and implementation of financial goals. On going process for life.

Supplemental Income Strategy Providing Income When Your Clients Need it Most For Producer or Broker/Dealer Use Only. Not for Public Distribution.

Chapter 1 Overview of a Financial Plan. Copyright ©2014 Pearson Education, Inc. All rights reserved.1-2 Chapter Objectives Explain how you benefit from.

FINANCIAL WELLNESS WORKSHOP. FINANCIAL WELLNESS WORKSHOP Presented by Name Title.

National Life Insurance Company ® | Life Insurance Company of the Southwest TM National Life Insurance Company ® | Life Insurance Company of the Southwest.

Introduction to Investing Mark Porter is a registered representative with, and securities are offered through, LPL Financial, Member FINRA/SIPC.

Financial Planning Basics An Overview of the Financial Planning Process Financial Planning Basics.

Money Management Getting a strong start 2 Achieving financial goals 3 Planning a secure future A project of Consumer Action |

Copyright ©2004 Pearson Education, Inc. All rights reserved. Chapter 1 Overview of a Financial Plan.

The Principal Financial Group ® Debt Reduction Seminar.

Oppenheimer funds are distributed by OppenheimerFunds Distributor, Inc. 225 Liberty Street, New York, NY © 2016 OppenheimerFunds Distributor,

MichiganPharmacists.org. Financial Protections: Are you Sufficiently Protected? April 23, 2015 Host: Brenda J. Wagenknecht-Ivey, Ph.D. CEO, PRAXIS Consulting,

Protecting Your Family’s Future

Protecting Your Family’s Future

Choosing to Save Essentials

Presentation transcript:

LIFE & WEALTH SOLUTIONS FOR YOUNG PHARMACISTS

UNIQUE SITUATION Less Time 4-6 year delay and no spare time to focus on financial matters More Debt Average pharmacists carries $133,694 in student loans* More Taxes Higher Income = Higher taxes, fewer investment options available More Exposure Need for protection is greater, not just malpractice, personal liability (home, auto) Higher Earning Potential Greater likelihood of achieving your personal goals if you make smart decisions American Association of Colleges of Pharmacy, “Graduating Student Survey- Summary Report,” July 2013.URL:http://www.aacp.org/resources/research/institutionalresearch/Documents/2013_GSS_summary%20report_all%20schools_113.pdf

CC FE EF $0.00 Credit Card Debt 3-6 Month Fixed Expenses Emergency Fund

www.mint.com

Income - Your Most Valuable Asset Here’s What You Could Lose $90,000 $120,000 $150,000 30 $4,943,539 $6,591,385 $8,239,231 35 $3,951,243 $5,268,324 $6,858,405 40 $3,074,199 $4,089,932 $5,123,665 45 $2,299,019 $3,065,359 $3,831,699 50 $1,613,873 $2,151,831 $2,689,789 A G E Earning potential to age 65 with an annual 2.5% increase in earnings. Hypothetical example for illustrative purposes only.

ACCUMULATION STAGE Three Buckets of Money Post Tax Dollars Pre Tax Dollars Post Tax Dollars Taxable Tax Deferred Tax Favored Taxed Today Ordinary Income Tax on Dividends/Interest Capital Gains Tax on Realized Gains Withdrawals Taxed at Ordinary Income Rate No Pre 59 1/2 Distributions Tax-Deferred Growth Tax-Free Withdrawals Financial advisors do not provide specific tax/legal advice. This information should not be considered as specific tax/legal advice. You should consult your tax/legal advisor regarding your own specific situation.