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Retirement Gps Seminar

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What are you doing to take charge of your retirement?

Text of Retirement Gps Seminar

  • 1.

2. Securian Retirement
3. Keeping your dreams on course
Define your destination
Phases of retirement
Your financial fuel
Financial roadblocks & detours
Make the right turns with a knowledgeable guide
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4. Define your destination
5. Which way are you headed?
How will you spend your time?
Will your retirement include work?
Who will depend on you for personal and financial support?
Where is home base during retirement?
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6. What kind of retiree will you be?
Traditional
Downshifter
Playcheck
Jhobbie
Boomer Entrepreneur
Sandwich Generation
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7. Phases of retirement
8. Three Retirement Phases
Gearing up
Taking off
Cruise control
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9. Gearing Up
First phase
Gathering information
Test drive
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10. Taking Off
Second Phase
Active
Engaged
Managing Health
Downsizing
Tracking
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11. Cruise Control
Third Phase
Active Health Management
Patterns emerge
Legacy
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12. Your financial fuel
13. Decumulation is different
Accumulation:
Saving
Investing
Asset Allocation
Decumulation:
Making the money last
Trade-off decisions
Asset depletion is inevitable
Source: Securian Financial Group 2008 Financial Challenges of the 70-75 year old Millionaire Investor.All rights reserved.
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14. Fueling retirement years
Source:EBRI, 2007 Retirement Confidence Survey
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15. Sources of Income
Personal savings and investments
Pension Plans
Social Security
Employment during retirement
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16. Personal savings and investments
401k plans
IRAs
Annuities
Stocks
Bonds
Mutual Funds
CDs
Real Estate
Investments will fluctuate and when redeemed, may be worth more or less than originally invested.
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17. Pension Plans
Monthly income stream
Lump sum distribution
Retirees need to create their own retirement income
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18. Social Security
Personal Earnings & Benefit Statement
Check benefits at www.ssa.gov
Benefits taken before full retirement age may be considerably reduced
Social Security Administration: Income of the Aged 2004 Chartbook, released September 2006
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19. Employment during retirement
72% intend to continue to work
34% of retirees currently working
47%retired sooner than anticipated
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2009 Retirement Confidence Survey. A research report from the EBRI Education and Research Fund.
20. Financial roadblocks and detours
21. Roadblocks
Living a longer life & staying healthy
The effects of inflation
Carrying debt into retirement
How you really spend your money
When & how much to withdraw
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22. Living a longer life
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23. Living a longer life
Add at least 10 years to projections of life expectancy
Get an independent perspective work with a financial advisor
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24. The effects of inflation
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25. The effects of inflation(This is showing the hypothetical value of $1 invested in 1926.)
This is a hypothetical value for illustrative purposes only and is not indicative of any particularinvestment. Past performance does not guarantee future results. You cannot invest directly in an index.
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26. Previous Graph Disclosure
Note: The data assumes reinvestment of all income and does not account for taxes or transaction costs.The average return represents a compound annual return. Government bonds and Treasury bills are guaranteed by the full faith and credit of the United States Government as to the timely payment of principal and interest. Stocks are not guaranteed.Small company stocks are more volatile than large company stocks, are subject to significant price fluctuations and business risks and are thinly traded.An investment cannot be made directly in an index.Past performance is no guarantee of future results.
Source:
U.S. Small Company Stocks Represented by the fifth capitalization quintile of stocks on the NYSE for 1926 - 1981 and the performance of the Dimensional Fund Advisors (DFA) Small Company Fund thereafter.
U.S. Large Company Stocks S&P 500 Index, which is an unmanaged group of securities and is considered to be representative of the stock market in general.
U.S. Long-Term Government Bonds 20-year U.S. Government Bond.
U.S. 30-day Treasury Bill 30-day U.S. Treasury Bill.
U.S. Inflation Consumer Price Index.
27. The effects of inflation
Use Consumer Price Index (CPI) + 1%
3.5% - 5% historically
Most retirees need some exposure to equities
Unpredictable need to adjust along the way
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28. Carrying debt into retirement
Debt restricts your financial flexibility
Reduces income
Affects your ability to have a comfortable retirement
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29. Carrying debt into retirement
Retire debt-free
Retire mortgage-free
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30. How you really spend your money
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31. How you really spend your money
Target between 70 85% of pre-retirement income
Requires detailed tracking of expenses to get it right
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32. How you really spend your money
60% - 80% pre-retirement income
Increase that by5% -10%
Adjust as necessary
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33. When and how much to withdraw
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This is a hypothetical example for illustrative purposes only and is not indicative of any particular investment. Investments will fluctuate and when redeemed, may be worth more or less than originally invested.
34. When and how much to withdraw
Determine how much of your income comes from guaranteed sources
Adjust discretionary expenses during down markets
Determine a balance of guarantees and growth
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35. Make the right turns with a knowledgeable guide
36. Mapping your route
Think about how you want to spend your retirement
Watch for roadblocks
Take inventory of finances
Work with an advisor.
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37. Get started now!
Schedule a complimentary, no obligation, one hour consultation
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38. Securian Financial Group, Inc.
www.securian.com
Insurance products offered by Minnesota Life Insurance Company, Securities offered through Securian Financial Services, Inc. Member FINRA/SIPC.
400 Robert Street North, St. Paul, MN 55101-2098 1.800.820.4205
2009 Securian Financial Group, Inc. All rights reserved.
DOFU: 1009
A03710-1009

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