CAC.5068 (05.13) TAKE CHARGE OF YOUR FINANCIAL FUTURE A Woman’s Guide to Investing for Retirement
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- www.protective.com CAC.5068 (05.13) TAKE CHARGE OF YOUR
FINANCIAL FUTURE A Womans Guide to Investing for Retirement
www.protective.com
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- 2 TODAY, I set a new goal.
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- 3 TODAY, I found my inspiration.
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- 4 TODAY, I started investing in me.
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- 5 TODAY, I reached a little higher.
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- 6 TODAY, Im an examplefor her.
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- 7 TODAY, I began to paint a new picture of my future.
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- 8 TODAY, I get to make the decisions.
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- 9 TODAY, I feel confident about tomorrow.
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- 10 TODAY, Im building a plan thats unique to me.
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- 11 TODAY is a new day.
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- www.protective.com CAC.5068 (05.13) TAKE CHARGE OF YOUR
FINANCIAL FUTURE A Womans Guide to Investing for Retirement
www.protective.com
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- 13 Taxes and investment advice Protective Life Insurance
Company, Protective Life and Annuity Insurance Company and
Investment Distributors, Inc. are not registered as investment
advisors and this brochure is not intended to provide investment
advice. Following this presentation, contact your Financial Advisor
for investment advice specific to your situation. This presentation
contains statements regarding the tax treatment of certain
financial assets and transactions. You should consult your legal or
tax adviser regarding your individual situations before making any
tax-related decisions. The tax information within this presentation
represents only our current understanding of the law in general and
are not to be relied upon by Purchasers. The tax treatment of life
insurance, Individual Retirement Accounts (IRAs), Income, estate,
gift, and generation skipping tax rules are subject to change at
any time. Neither Protective Life nor its representatives offer
legal or tax advice. www.protective.com
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- 14 Agenda Why take charge of your financial future now? Setting
your financial goals How will you get there? Building your
portfolio How do you get started?
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- 15 Why take charge of your financial future now? What does the
future hold? Uncertainty. Economy Pensions Medicare Social
Security
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- 16 Why take charge of your financial future now? Other concerns
for women: Lower earnings Longevity Widowhood
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- 17 TODAY, I set goals that I know I can reach.
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- 18 What do you want to achieve?
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- 19 Setting your financial goals Keep a picture of your goal in
mind to help you focus on reaching it. Quantify your goal to make
it easier to plan. Create your plan to begin investing for
retirement.
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- 20 How will you get there? Finding money Asset growth
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- 21 THE LATTE FACTOR: Sacrifice small, daily purchases to find
money to invest.
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- 22 How will you get there? The Latte Factor $6 day 7 days a
week 52 weeks a year= $2,184 a year SavedInvestedInterestFinal
balance $2184/year$2,184/year for 20 years $43,776 TOTAL 5%
$74,972
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- 23 How will you get there? How long will it take me to double
my money? Use the Rule of 72. 72 interest rate = number of
years
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- 24 How will you get there? Compounding Time is money The sooner
you start to invest, the less you will need to invest in
total.
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- 25 How will you get there? Investments at ages 22 42 (20 years)
Investments at ages 43-67 (25 years) Interest Final balance
Jennifer $2,000/year for 20 years $40,000 total $07% $476,150 Ann$0
$2,000/year for 25 years $50,000 TOTAL 7% $135,352 Compounding Two
different approaches: Jennifer and Ann
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- 26 TODAY, I figured out the tools that could get me from here
to there.
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- 27 Building your portfolio Tax-deferred savings: more money to
you Investment vehicles: 401(k) and 403(b) plans IRAs Annuities
Life insurance Stocks, bonds, mutual funds
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- 28 Building My Portfolio Take advantage of your workplace
savings plan: 401(k)/403(b) Tax-deferred contributions Employer
match
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- 29 Building your portfolio 401(k) and 403(b) plans Who Tax
advantages ContributionsWithdrawals 401(k) Company- sponsored
Before tax dollars Up to $17,500 (an addtl $5,500 if over 50)
Taxable 403(b) Nonprofit, education- sponsored Before tax dollars
Up to $17,500 (an addtl $5,500 if over 50) Taxable
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- 30 Building your portfolio IRA Basics Who can participate? Tax
advantages Contribution limits Withdrawals Traditional IRA Anyone
under age 70 Before tax dollars Up to $5,500 (up to $6,500 if over
50) Taxable Required after 70 Roth IRAAnyone After-tax dollars Up
to $5,500 (up to $6,500 if over 50) Tax-free No required age
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- 31 Building My Portfolio Stocks, bonds and mutual funds:
Accumulation with varying levels of risk Bonds: fixed-income
security, low risk Stocks: higher potential for returns, higher
risk Mutual funds: invest in stocks, bonds, and other assets;
professionally managed
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- 32 Building your portfolio Another investment option: Annuities
Contract with an insurance company Regular payments Protect a
portion of your retirement from volatility risk Offer opportunities
for tax-deferred growth Draw from your retirement income Provide
payments for life
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- 33 Building your portfolio A nontraditional investment choice:
Life Insurance Build cash value Long-term investment Tax advantages
Dual protection
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- 34 TODAY, I thought about my retirement, with confidence.
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- 35 Where do you start? Review your notes and booklet. Establish
your goals. Determine how you will start building your money to
invest. What is your latte factor? Meet with your advisor to help
you determine your next steps.
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- 36 Where do you start? When meeting with your advisor, bring
along: Your goals Important documents Recent statements
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- 37 Important Information Protective and Protective Life refer
to Protective Life Insurance Company (PLICO) and its affiliates,
including Protective Life & Annuity Insurance Company (PLAICO).
Insurance products issued by PLICO in all states, except New York,
and in New York by PLAICO. Securities offered by Investment
Distributors, Inc. (IDI). IDI is the principal underwriter for
registered products issued by PLICO and PLAICO. All three companies
are located in Birmingham, AL. Product availability and features
may vary by state. Each company is solely responsible for the
financial obligations accruing under the policies it issues.
Variable annuities are long-term investments intended for
retirement planning and involve market risk and the possible loss
of principal. Investments in variable annuities are subject to fees
and charges from the insurance company and the investment managers.
Investors should carefully consider the investment objectives,
risks, charges and expenses of a variable annuity before investing.
This information is contained in the prospectus for a variable
annuity and its underlying investment options. Prospectuses may be
obtained by calling Protective Life at 800.456.6330.
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- 38 Questions and Answers