get the retirement you want 2013

Digital Financial Planning for Dentists

GET THE RETIREMENTYOU WANT

It’s never too soon to start planning

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©2012 Raymond James Financial Services, Inc., member FINRA/SIPC Investment products are: not deposits, not FDIC/NCUA

insured, not insured by any government agency, not bank guaranteed, subject to risk and may lose value.

Timothy J. McNeely CFP® CIMA®888-300-8003 | 818-534-4949

[email protected] mcneelyfs.com

mailto:[email protected]


MAKING YOUR MONEY LAST

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HOW CAN I BE SURE IT WILL?


THE FOUNDATION FOR YOUR FUTURE

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A NEW YOU

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Baby boomers want an active,fulfilling retirement.


THIS ISN’T YOUR PARENT’S RETIREMENT!

A NEW YOU

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THIS ISN’T YOUR PARENTS’ RETIREMENT!


?WHAT’S YOUR VISION FOR RETIREMENT?

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YOU FACE SOME

BIG QUESTIONSWhen do you want to retire? How long do

you need your money to last?

What are your goals and

aspirations? What challenges could you face?


ESTABLISH PRIORITIES

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WOULD YOU RATHER …

Retire sooner with a lowerprojected income

- OR -

continue working for several more years?



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Maximize the income you cantake from your portfoliothroughout retirement

- OR -

plan to leave an inheritance tofamily members or charities?



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Purchase a second home- OR -

reserve funds to coverany unexpected medical

expenses down the road?


START WITH THREE QUESTIONS

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1What are the basic things you’ll need

in retirement? 2Second, what do you want?

3Third, what will help you get there?


IDENTIFYING RELIABLE INCOME

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Pays for basic needs becausethey must be covered:

PENSIONS

SOCIAL SECURITY

PART-TIME EMPLOYMENT

OTHERINCOME


MAXIMIZE SOCIAL SECURITY

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For many, Social Securityis a major source of

reliable retirement income,so it’s prudent to

maximize your benefits.

Consider …


MAXIMIZE SOCIAL SECURITY

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YOUR

AGEWhen should you

draw benefits?

YOUR

TAXESHow are benefits taxed

when combined withother retirement income?

YOUR

JOBHow do earnings

impact your benefits?

YOUR

MARRIAGEHow do spousal

And survivorbenefits work?


TIMING IS EVERYTHING

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MANAGING YOUR MONEY

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PLANNING CAN HELP TURN GOALS

Take time to develop a carefully considered plan.

INTO REALITY.PLANNING CAN HELP TURN GOALS


YOUR HEALTH: THE RETIREMENT WILD CARD

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Factors to consider:

MEDICAREWhat it does and does not cover

Planning for your health – and how you’ll pay for expected and unexpected expenses – should

be considered an essential need.

MEDIGAPOut-of-pocket expenses like

premiums, deductibles and

copays

INSURANCELong-term care

insurance


YOUR HEALTH: PREPARE FOR THE UNEXPECTED

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Long-term care insurance can:

PROTECTassets

RELIEVEfamily and friendsfrom the stress of

providing care

PROVIDEoptions forquality care

PRESERVEyour independence, dignity and financial

freedom

Digital Financial Planning for DentistsÜ

MAKE IT PERSONAL

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Your retirement income plan includes

GOALSthat are most important to youfor a comfortable retirement.

Now, we can start to put yourpersonal plan together!


COMPLETING THE RETIREMENT PUZZLE

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NEEDS COME FIRST

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FILL THE INCOME GAP

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NEEDSGAP


SUPPORTING WANTS

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OTHER CONSIDERATIONS

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includes

Business

Real estate

includes

Cash reserve

Long-termcare needs

includes

Leaving alegacy

Charitablegiving

Digital Financial Planning for Dentists24

PUTTING YOU IN THE CONFIDENCE ZONE


MORE IN YOUR POCKET, NOT UNCLE SAM’S

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Employer Retirement Plans401(k)s, 403(b)s

AnnuitiesIRAs

Keogh plans


MORE FOR YOU

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*This example assumes a $10,000 initial investment.

Past performance is no guarantee of future results. This example is for an investment in the 9% bracket using the 2010 tax code, and assumes an 8% annual total return. It is for illustrative purposes only and not indicative of any investment. Returns and principal invested in stocks are not guaranteed. Withdrawals of tax-deferred accumulations are subject to ordinary income taxes. A 10% federal tax penalty may apply to withdrawals made before age 59½.

Created by Raymond James using Ibbotson Presentation Materials. ©2011 Morningstar, Inc. All rights reserved. Used with permission.


A GUIDE FOR YOUR RETIREMENT JOURNEY

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Select an advisor with:

1Retirement expertise 2Tax-planning

strategies 3Comprehensive arsenal of products 4Online

tools

5Cash management

options 6Collaborative process 7Investment

philosophy in line with yours


LET’S GET STARTED

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We will work as diligently to manage and preserve your money

as you did earning it.

get the retirement you want 2013

Economy & Finance

money planning

retirement wild card

retirement income plan

parentsparents retirement

retirement journey

comfortable retirement

lowerprojected income

ordinary income taxes