Trumpette Investment Retirement Tax Report Easy Money

IMPORTANT: The illustrations or other information generated by this report regarding the likelihood of various investmentoutcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results.

New Scenario (10/19/2011 3:59:19 PM)

Personal

Financial

Analysis

Don Trumpettefor

InformationGoes HereTo Edit

Report DefaultsGo To Settings

Report Cover

10/19/2011

Table of ContentsGeneral 2

Personal Statistics 3

Introduction (text) 4

Goal Based Planning (text) 5

Objectives - A1 6

Summary - A2 7

Retirement Summary - A2a 8

Financial Life Cycle (text) - A3 9

Net Worth Graph - A4 10

Net Worth - A5 11

Asset Details - A6 12

Personal Property - A7 13

Liability Details - A8 14

Life Insurance - A9 15

Other Insurance - A10 16

Asset Summary - A11 17

Liquidity Graph - A12 18

Liquidity - A13 19

Cash Flow Graph - A14 20

Cash Flow - A15 21

Income Mgt - A16 22

Education Cover 23

Saving for College (text) - A18 24

Education Graph - A19 25

Education Costs - A20 26

Education Funding - A21 27

Education Separate Accounts - A22 28

Education Funding Sources - A23 29

Income Tax Cover 30

Income Tax 31

Income Tax Planning (text) - D1 32

Income Tax Graph - D2 33

Income Taxes - D3 34

Income Taxes Paid - D4 35

Tax Favored Investments - D5 36

Investments Cover 37

Investment 38

Asset Management (text) - B1 39

Risk (text) - B2 40

Asset Pyramid - B3 41

Financial Attitudes - B4 42

Asset Classes - B5 43

Asset Allocation - B6 44

Asset Allocation Graph - B7 45

Allocation Worksheet - B8 46

Investment Returns - B8a 47

Retirement Cover 48

Retirement 49

Retirement Planning (text) - C1 50

Retirement Graph - C2 51

Retirement Needs Analysis - C3 52

Retirement Capital Analysis - C4 53

Retirement Capital Notes (text) - C4a 54

Retirement Estimate Solution - C5 55

Retirement Capital Estimate - C6 56

Asset Illustrations (text) - C7 57

Asset Accounts - C8 58

Total Assets - C8a 59

Monte Carlo - C9 60

Monte Carlo Details (text) - C10 61

Standard Deviation (text) - C11 62

Withdrawal Rates - C12 63

Withdrawal Rate Graph - C12a 64

This report, and its hypothetical illustrations, are intended to form a basis for further discussion with your legal, accounting, and financial advisors.

Actual future investment returns, taxes and inflation are unknown. Do not rely upon this report to predict future investment performance.Page 110/19/2011

General

A summary of the assumptions used in this analysis, description of thepurpose of the reports and a listing of assets, insurance and other details.Includes net worth statement, cash flow report, liquidity and educationfunding if appropriate.



Personal Statistics

Don Trumpette and Sabrina Trumpette

57 Forest Street

10/19/2011

Birth DateFamily Member Age

Tampa Bay, FL 12345

8/9/1979Don Trumpette 32

8/5/1983Sabrina Trumpette 28

10/19/2011Yevelle 0

Employment

SabrinaDon

This presentation provides a general overview of some aspects of your personal financial position. It is designed to provideeducational and/or general information and is not intended for specific legal, accounting, investment, income tax or other

professional advice. For specific advice on these aspects of your overall financial plan, consult with your professionaladvisors. Asset or portfolio earnings and/or returns shown, or used in the presentation, are not intended to predict nor

guarantee the actual results of an investment product.



Introduction

Your Personal Financial Plan has been prepared using techniques and concepts proven over years ofexperience from the disciplines of banking, investments, insurance, economics and finance. The analysis isbased on the information you provided in your confidential questionnaire.

As you review the Personal Financial Plan, you will find that some areas of your financial goals are in bettershape than others. The areas that particularly need attention will be identified in the report that follows.

The objective of this analysis is to assist you in making proper plans and quality decisions that might helpyou to achieve your financial objectives.

Decisions you make about your financial future can be enhanced by an understanding of your personalsituation as described in this report, and through careful review and discussion.

After you have reviewed this financial plan and noted areas that need attention, we will assist you inevaluating the various options available for addressing areas of need or opportunities for use of yourfinancial resources.

New Scenario (10/19/2011 3:59:19 PM)



What do we mean by "Worst Case"?

Cash Flow

Savings

When we project your sources of income and expenses, an assumption is made that your incomeprior to retirement is adequate to cover your spending requirements. We do not illustrate investmentof any surplus cash flows prior to retirement, or account for shortages prior to retirement. Anexception to this rule applies to items you have indicated as being special income or expenses. Thesewould include an inheritance, pension plans or social security starting prior to retirement age, orspecial expense items like education funding.

Taxes

If you indicate that you are making deposits to savings, investments or retirement accounts, we useonly those deposit amounts that you specify. Even if there might be additional funds available to saveor invest, we do not assume that they will be added to your accounts. The objective of Goal BasedPlanning is to help you evaluate whether what you ARE DOING NOW may come close to allowingyou to accumulate the funds necessary to reach your goals. If your savings rate is not sufficient, thereport provides an estimate of additional savings or investments or estimated rates of return thatmight be used to satisfy the shortfall. The suggested amounts may or may not prove to be sufficientdepending on various future economic and personal conditions.

When managing your savings and investment portfolio, there will be taxable items such as interest,dividends, investment gains and retirement account distributions which will be subject to income tax.In a worst case analysis we make the assumption that the taxes due on these events will be paid out ofthe income source and the after-tax balance reinvested. In reality you may have enough earnedincome or other sources of funds to pay the taxes and reinvest the gross amount prior to retirement.However, if you fail to do this, then the "worst case" illustration will show the results if only the after-tax amounts are reinvested. We also make the assumption that any anticipated appreciation oninvested assets is taxed each year as if you turned over your investment portfolio and paid capitalgains tax on the realized appreciation. Again, this is illustrating the "worst case" approach to see ifyou might reach your goals under this type of scenario.

Goal based planning is designed to identify certain goals, and then determine if what you are now doing mayenable you to accomplish your goals. This differs from a "cash flow" analysis which is used to measure allyour cash inflows and outflows, and then integrate these items with your assets and a careful analysis ofyour income tax burden each year. Goal based planning uses a more conservative "worst case" scenarioapproach.

Goal Based Planning

This comprehensive financial analysis has been prepared with the objective of helping you determinewhether there are possible shortfalls or problems that must be addressed in order to achieve your goals.

Goal Based PlanningNew Scenario (10/19/2011 3:59:19 PM)



Objectives A1

New Scenario (10/19/2011 3:59:19 PM)

Your personal financial plan was prepared with concern for your specific goals and objectives. As you reviewthis report, determine if your goals are obtainable or whether adjustments should be considered.

* Inflation AdjustedExpenses

* MonthlyExpenses in

Today's DollarsRETIREMENT OBJECTIVES:

AgeYour financial plan is based on thefollowing income requirements.

$15,030 G4, G1262 $6,863

20,9436,86374

6,86387 30,220

* Includes basic personal expenses, itemized deductions, insurance, mortgage and debts, savings and investment deposits.

SURVIVOR OBJECTIVES:

In the event of your premature death, you indicated that your heirs would need

the following amounts of monthly income:*SabrinaDon

$7,992 F6, F4Initial income amount needed: $8,783

*Amount of expenses will vary. Refer to Survivor report for details. Includes basic personal expenses, insurance premiums,itemized deductions and loan payments.

Your plan has been prepared based on the understanding that your risk tolerancelevel is that of a moderate investor.

Based on your responses about common financial objectives, we have listed thefollowing items and your level of concern for each area rated 1 (low) to 5 (high).

FINANCIAL ATTITUDES:

A20

Maximum growth potential. 3Protection from inflation. 3Reducing income taxes. 3Liquidity (convert assets to cash). 3Current spendable income. 3

OTHER:

Estimates used in the reports are based on a life expectancy age for Don of 96.The life expectancy age for Sabrina is assumed to be 96.



Annual basic living expenses needed adjusted for inflation *Total amount of spendable income needed through life expectancy

Your working assets may last only until you reach age 72.*Includes basic living expenses, debt payments, insurance premiums and itemized deductions.

Total income expected from Social Security, pensions, etc. Additional income requirements to be satisfied by savings, investments

Estimated value of working assets at retirement age 62

RETIREMENT:

SURVIVOR (Insurance):

Income neededand available

Person to be insuredInsurance needed if death occurs nowMaximum insurance needed if death occurs in the future

$180,356

$12,023,702

($3,155,614)

$684,429

2,873,631

$1,197,698

Present Insurance Coverage

2,979,787

$85,000

DISABILITY:

In the event of long term disability, funds will be required to pay for living expenses, debts and insurancepremiums.

Don

DonPerson disabled

Monthly income neededMonthly income available (long term)

Percent available - vs - needed

$8,383

5,325

64%

Sabrina$8,383

3,386

40%

INCOME TAXES:

Your estimated gross income this year

Your estimated taxable income this year

Total income and social security taxesMarginal tax rate (highest Federal & State tax rate)

52,370

14,483

15%

$95,194

First death estimated estate expenses and debts nowSecond death taxes & expenses after 10 years

(adjusted for estate growth)Estate settlement costs as percent of future estate values

$301,823

82%

$183,386

ESTATE COSTS:

(assuming second death in 10 years)

$8,868,089

$671,035

There are several areas of your financial affairs that can be compared to the goals you have set and to theirprobable achievement. The following areas will give you a brief overview of the progress you have madetoward your goals or alert you to areas that may need attention.

Personal Financial Summary

Sabrina

New Scenario (10/19/2011 3:59:19 PM)

A2

C3

C4

F4, F6

F8

D3

E4

E7



Retirement Summary A2a

New Scenario (10/19/2011 3:59:19 PM)

The following table summarizes the goals, assumptions and variables used in the Retirement Planninganalysis.

Moderate Portfolio

SabrinaDonRETIREMENT GOALS:

6262Retirement Age

9696Life Expectancy

$142,869$58,860Retirement Living Expenses (after-tax) Today's $ / Inflated G4

3.00%Standard of Living Inflation Rate G4

RETIREMENT CAPITAL:

6.84%Rate of Return - Pre-Retirement (pre-tax) C4

$52,876Total assets available for retirement C4

$4,800Annual additions to Other Accounts H1...H4

SabrinaDonRETIREMENT INCOME (pre-tax):

6262Social Security Starting Age

$24,003$22,480Social Security Benefit

2.00%Social Security COLA

OTHER INCOME/EXPENSE ITEMS (pre-tax):

$744,195Post-Retirement Earnings G8

Rental Real Estate Income B15

85,000Balloon Payment / Life Insurance G8

INCOME TAXES:

15.00%Your marginal tax rate (Federal & State) is D3

15.69%Your effective tax rate is D3

RETIREMENT ANALYSIS:

$2,690,000Amount Needed for Retirement C4

$0Retirement Assets at Age 100

72Age When Your Retirement Assets are Depleted

$2,018,965Additional Lump Sum Needed at Retirement C4

10.50%Increased Rate of Return needed for Remaining Life C4

$1,900Additional Monthly Savings Required at 5.00% (after-tax) C4

$900Additional Monthly Savings Required at 7.00% (after-tax) C4

$400Additional Monthly Savings Required at 9.00% (after-tax) C4



A3

A person with low to medium income who regularly saves and prudently invests part of each paycheck caneasily achieve a more successful financial result than high income earners who fail to set aside part of theirwealth for the time when they can no longer work for a living.

Interestingly enough, the amount of wages or income received in the second or "Earning" phase is not thefactor that determines the results of the last phase - "Spending" or "Yearning". The key in this phase is howwell a person has managed his/her income.

During the early years when you are a "consumer", depending on your parents for support and learning skillsneeded for the future, you have the opportunity to prepare yourself for the earning years. Successfulpreparation in the form of education and development of social skills and earning capability can be greatlyresponsible for the level of success in the "Earning" phase.

The phases can be described as:

Every person during his or her life goes through a similar economic life cycle. Your success in the final phaseof the cycle is determined by your preparation and planning in the earlier phases.

Financial Life CycleNew Scenario (10/19/2011 3:59:19 PM)



Net WorthNew Scenario (10/19/2011 3:59:19 PM)

A4

The Net Worth graph illustrates the amount of your assets, including savings, investments, retirementaccounts, and personal assets, less liabilities such as mortgages, loans, credit card balances, etc.

Your objective should be to measure your net worth on a regular schedule in order to assure that you areimproving your financial strength.

Assets: $378,476

Ordinary income accounts $4,880

0Investment accounts48,596Retirement accounts

40,000Personal assets

($334,766)Less Debts

$43,710Net Worth

A5

Real estate 285,000



Net Worth Statement A5

New Scenario (10/19/2011 3:59:19 PM)

Amount Percent of AssetsOrdinary Interest Accounts:$1,980 0.52%Checking accounts, cash

2,300 0.61%Savings accounts

600 0.16%Insurance Cash Value and Dividends

Total Ordinary Interest Assets $4,880 1.29%

Retirement Accounts:22,699 6.00%401(k) accounts

25,897 6.84%IRA accounts

Total Retirement Accounts $48,596 12.84%

Personal Use Assets:40,000 10.57%Autos

Total Personal Use Assets $40,000 10.57%

Real Estate Assets:285,000 75.30%Residence

Total Real Estate Assets $285,000 75.30%

ASSETS

100.00%$378,476TOTAL ASSETS

Amount Percent of AssetsLIABILITIES($307,114) 81.14%Residence mortgage

(27,652) 7.31%Auto loans

($334,766) 88.45%TOTAL LIABILITIES

NET WORTH (Assets less Liabilities) $43,710

Note: Assets held in a Revocable Trust are included in the grantors assets.



Asset Detail

Rate of Return

RetAppr.NameMonthly

AdditionsAccount

Value OwnerInter. Div. CapG. GroupLiquid TypeClass

A6

New Scenario (10/19/2011 3:59:19 PM)

Joint$1,980 200 / 0 5.00 CheckingChecking Account Taxable Yes

Don22,699 0 / 0 7.00 MF-StockIndiv 1 401(k) Retire Yes

Don25,897 0 / 0 7.00 MF-StockIndiv 1 IRA Retire Yes

Joint2,300 200 / 0 5.00 SavingsSavings Account Taxable Yes



Personal Property

Description OwnerValue Rate

New Scenario (10/19/2011 3:59:19 PM)

A7

Appreciation

Residence Joint$285,000 2.00Vehicles Joint$40,000 (10.00)

$325,000Total



Liabilities

Description Owed to Balance Rate AgePaymentOwed by

New Scenario (10/19/2011 3:59:19 PM)

A8

Monthly Interest Balloon

Auto $27,652 4.38%$437Joint

Residence 307,114 6.45%2,064Joint

Totals $2,501$334,766



Life Insurance A9

New Scenario (10/19/2011 3:59:19 PM)

Owner Beneficiary AmountInsured Description Company Premium

CashAnnualFace

Value Amount

Loan

Don Permanent Lif Don $25,000 $2,000 $600

Don Term Life Don 60,000 400

$2,400$85,000 $600Don

Sabrina

AmountValuePremiumAmountTotalsAnnualFace LoanCash



Other Insurance

Insured DescriptionCompany Type Premium

A10

New Scenario (10/19/2011 3:59:19 PM)

Annual

Don Auto InsuranceAuto $2,300

Don Home OwnersHomeowners, P&C, Other 2,700

Don MedicalMedical 4,800

$9,800Total Premiums:



Asset Summary A11

New Scenario (10/19/2011 3:59:19 PM)

AccountValue

Percent ofTotal

Weighted Average*Rate of Return

Assets by TYPE:C8

This view looks at your retirement assets by the way they are treated for income taxes (the retirementestimate report uses this grouping for illustrating future values).

$4,280 8.09% 5.00%TaxableEquity/OtherTax-DeferredTax-Free

48,596 91.91% 7.00%Retirement accountsRoth accounts

6.84%$52,876 100%

* Weighted average rate excludes assets which were not intended to be used for retirement.

Note: The Weighted Average Rate of Return is derived from the asset rates provided by you as shown on the Asset Detail reportpage. The effective return from each asset is computed and summed by type, and that sum is divided by the total value of that type

asset. The resulting weighted average reflects an estimated portfolio rate of return for that asset type. The rates used are assumed tobe net of all fees and expenses.

Savings &Investments

RetirementAccounts

Percent ofTotal

Assets by CLASS:B8

This view is focused on the asset classes. It should be used to help you determine if your assets are positionedin concert with your own goals.

Savings &Investments

RetirementAccounts

Percent ofTotal

Assets by LIQUIDITY:

This view is concerned with the amount of liquid funds available. Refer to the Liquidity report for a moregraphic illustration.

Cash and ReservesLiquidNon-LiquidOther

Note: Some of the assets listed here may have been excluded from the retirement projection. Refer to the Asset Detail report for specifics.

Assets listed include only "working" assets, not residence and personal property assets or insurance cash values.



Liquidity

The above graph illustrates the liquidity level of your working assets, measuring the ability to convertworking assets to cash if needed.

If you have too much of your money in "non-liquid" investments you may someday find yourself in a positionwhere you need to have quick cash, but are unable to convert enough of your assets quickly.

Working Assets*Total Assets**Cash & ReservesLiquidNon-Liquid

Other

Your total liquidity level including your residence and personal property is 0%.

Your working asset liquidity ratio (cash and liquid assets divided by all working* assets) is 0%

$0

0

0

325,600

$0

0

0

0

This level of working asset liquidity is very low and could prove troublesome when cash is needed.

* Excluding residence and personal assets. Includes retirement accounts and rental real estate.

** Includes residence and personal assets in non-liquid category.

A12

A13

New Scenario (10/19/2011 3:59:19 PM)



Liquidity Analysis

Liquidity is a measure of the ability to convert assets to cash. This can be important in two major instances...

SECOND - In the event of loss of income due to death or disability, there may be a need to reposition some ofthe assets to change from a growth oriented to a more income oriented asset position. If too much of your assetsare positioned in non-liquid accounts, you may find it impossible to make the changes required without payingsubstantial penalties or taxes, or you may find it difficult or impossible to make the changes at all.

These are generally assets that can quickly be taken in cash withoutsignificant delay and without substantial loss of value. Included in thisgroup are your checking, savings, US savings bond accounts, and moneymarket funds.

CASH and RESERVES

LIQUID INVESTMENTS

FIRST - In times of economic disruption, cash is king. If a substantial portion of your net worth is held in assetsthat are not readily convertible to cash, you may find their value rapidly fluctuating. This could severelyhamper your ability to move them to a "safe haven" if needed.

These accounts can be converted to cash in a reasonable length of time, butthey may suffer an unpredictable loss due to market fluctuations,liquidation penalties or other complications. Some assets like annuities,CDs and retirement accounts may be subject to liquidation penalties and/ortaxes which may make liquidation less attractive. Included in this categoryare Gov't T-Bills and bonds, corporate bonds, tax-advantaged municipalbonds, fixed or variable annuities, variable life insurance, certificates ofdeposit, mutual funds, stocks and other securities.

OTHER ASSETS

NON-LIQUID ASSETSThese accounts are considered non-liquid, meaning that even if you wantto sell or dispose of them, there may not be a ready buyer for the asset.This includes real estate, partnerships, mortgages and notes. Residence,personal property and cash values are included in "All Assets" category.

Items in this category are most likely to be non-liquid or may suffersubstantial loss if they must be sold quickly. They include businessinterests, other ventures, and tangibles.

Total of all assets

Liquid assets (Cash, Reserves and Liquid investments)

Liquidity ratio (Liquid assets divided by Total Assets)

$0

$0

0%

$0

$0$325,600

$0$0

$0$325,600

$0$0

$0

0%

Assets*

*Includes residence, all types of personal property, insurance cash values, savings, investments and retirement assets.

**Includes only savings, investment, rental real estate and retirement account assets.

A13

New Scenario (10/19/2011 3:59:19 PM)

AllAssets**Working



Cash Flow

The information you provided for this analysis indicates that your expenses exceed your available incomesources.

Monthly

You should carefully evaluate your spending in order to reduce expenses where appropriate.

You should regularly review your cash flow to determine if there are changes required in your spendinghabits.

Savings and Investments

Living Expenses

Taxes

Insurance

(427)

(5,846)

(1,206)

(1,016)

(5,124)

(70,160)

(14,482)

(12,200)

Mortgage

Loan payments

Income available

Total spendingSpendable income surplus

(2,064)

(437)

(24,768)

(5,244)

($10,996) ($131,978)

($3,064) ($36,784)

$7,932 $95,194

The graph above shows the relationship of your expenditures to your available income. The expendituresgroup includes your personal expenses as well as taxes, insurance premiums, debt and mortgage payments,savings and investments deposits.

Annual

Less:

A14

A15

New Scenario (10/19/2011 3:59:19 PM)



Cash Flow A15

New Scenario (10/19/2011 3:59:19 PM)

MonthlyAmount

AnnualAmount

Percent ofIncomeINCOME

$3,989 $47,870Salaries & Wages 50.29% D3

3,916 47,000Self employment income (Sch C) 49.37% H8

27 324Interest 0.34% H1...H4

Total income available $7,932 $95,194 100.00%

MonthlyAmount

AnnualAmount

Percent ofIncomeEXPENSES

$500 $6,005Federal and State income tax 6.30% D3

706 8,477FICA taxes 8.90% D3

2,064 24,768Residence mortgage 26.02% K1

437 5,244Auto Loans 5.51% K1

200 2,400Life insurance 2.52% J1

225 2,700Homeowners & other insurance 2.84% G15

191 2,300Auto insurance 2.41% G15

400 4,800Medical insurance 5.04% G15

400 4,800Saving and Investment additions 5.04% G12

27 324Reinvestment of Interest, Dividends and Capital Gains 0.34% H1...H4

83 1,000Charitable contributions 1.05% D3

575 6,900Property tax 7.25% D3

283 3,400Medical expenses 3.57% D3

150 1,800Misc 1.89%500 6,000Clothing 6.30%240 2,880Transportation 3.03%515 6,180Utilities 6.49%400 4,800Household 5.04%900 10,800Children 11.35%600 7,200Personal 7.56%700 8,400Gifts/Vacation 8.83%900 10,800Food 11.35%

Total spending and savings $10,996 $131,978 138.63%

Cash flow shortage (spending in excess of income) ($3,064) ($36,784)Note: Items on this report represent only current year income and expenses. Amounts will vary in future years.



$1,323

Use this for your living expenses - monthlybills, food, etc. These funds should bedeposited to a checking account where theycan be easily used as needed, but withcareful control of expenditures and goodrecords for tracking use of funds.

Use these amounts for cash reserves or forreducing debt. Keep these funds in a moneymarket or savings account.

This amount is used for investment to createcapital for future use.

SPEND

PUT and TAKE

PUT and KEEP

70%

20%

10%

DISTRIBUTION OF FUNDS FOR 10/20/70 PROGRAM

This plan and the percents indicated above are general guidelines and may need to be adjusted to fit yourparticular situation.

Consider investment programs like mutual funds or annuities which have automatic bank-draft plans forthe 10% investment program each month.

Check at your place of employment to see if you can have your paycheck automatically deposited toyour checking account.

D3

Amount left for the 10/20/70 plan.

Less charitable contributions.

$6,616

Less Income Tax and FICA.Gross income available per month.

(83)

(1,207)

$7,906

Income Management

The 10/20/70 Income Management Plan explained below will help you establish a system for currentincome management and for accumulation of capital for future financial independence.

The effectiveness of this plan can be enhanced by using automatic checking deposit and withdrawalprograms where possible.

A16

$662

$4,631

New Scenario (10/19/2011 3:59:19 PM)

See if your bank will automatically transfer the 20% PUT and TAKE amount into a savings or moneymarket account.




New Scenario (10/19/2011 3:59:19 PM)

Personal

Education

Analysis

Don Trumpettefor



Report Cover

10/19/2011

Saving For College

Recent changes in income tax regulations have provided a variety of opportunities that should make savingfor your child's education expenses more palatable. In some cases current education expenses can result incurrent tax savings, and putting aside money for future costs can be much more tax-friendly than in the past.

Section 529 of the Revenue code has enabled states to establish special college savings funds where parentsor grandparents can make deposits to an account to accumulate money for tuition and in some cases otherexpenses. The terms and benefits of each state vary, but generally include the following features:

Other education plans:

529 Plans:

Tax savings - starting in 2002 the earnings on the accounts will not only be accumulated withoutfederal income tax, but withdrawals will also be tax free so long as they are used for qualifiededucational expenses. Some states will also allow withdrawals free of state taxation and many stateswill allow you to take a deduction for some portion of the money deposited but the rules of eachstate vary. Also, if you withdraw money from a 529 plan and do not use it on qualified educationalexpenses, you will generally be subject to both federal and state taxation as well as a 10% taxpenalty.

Control - unlike other accounts sometimes used to accumulate money for the child, you, the donor,stay in control of the assets. You decide when withdrawals are taken and for what purpose. And inmost cases you can even reclaim the funds, particularly if the child elects not to attend college.(There may be a penalty for "non-qualified" withdrawals.)

Everyone eligible - generally there are no special eligibility requirements, and the amounts you cancontribute in many states are substantial (in some cases as much as $250,000 or more.)

Simple - once you select which state plan to use, a simple enrollment form is completed, anddeposits may even be made by automatic checking account withdrawals. The account is managed bythe state or an investment manager hired by the state.

The following items are effective with the 2001 tax act:

Coverdell Education Savings Accounts - the nondeductible contribution may be used for "qualifiedhigher education" or "qualified elementary and secondary education expenses", including privateinstitutions. The maximum allowable contribution is $2,000 subject to certain income limitations.The plan is integrated with the HOPE and Lifetime Learning Credit programs.

Student Loan Interest Deduction - the availability for this benefit has been broadened and theearnings limits raised.

Employer provided assistance - the $5,250 contribution level now extends the exclusion to graduatecourses and makes the exclusion for undergraduate and graduate courses permanent.

For more information about these plans or to compare your state 529 plan with other states,

go on the internet to...

●

●

●

●

●

●

●

www.savingforcollege.com

A18

New Scenario (10/19/2011 3:59:19 PM)



www.savingforcollege.com

Education Funding

The "Parents Share" bars indicate the parents share of the needed annual expenditures for the yearswhen each child is in school. The "Balance" line indicates the cumulative account value of monthlydeposits to the education fund. The "Lump Sum" line represents the initial deposit of a single lumpsum to an education fund and the projected growth or consumption of the account.

Funding education costs with a lump sum investment now:Lump sum needed today to fund future costs

(No current educational funds available.)Your education needs are overfunded $0

$0

$0

NA

Total level monthly payments to fund costsWith $0 available, no additional funding is required.

$0

NA

Total deposits needed to fund college costs

Monthly funding with level payments through the last year of college:

A19

A21

A21

New Scenario (10/19/2011 3:59:19 PM)



Education Costs

Providing educational funds can be one of life's greatest financial burdens. Fortunately, it is an expense thatcan be planned. The following illustration uses a rate of return of 6.50% for computing both a lump-sum anda monthly deposit funding method.

A20

StartingYear

AnnualCosts

Numberof Years

Student'sName Age

Today'sDollars Per Month

Parent's Total Costs

Lump SumInflated at

5.50%

Funding Amount Required

New Scenario (10/19/2011 3:59:19 PM)

2011Yevelle

$0Totals $0 $0

Child 1 = $350 per month



(The chart below is an example only and does not relate to your plan.)Period 1

Instead of pre-funding the education costs with a lump sum deposit, you could elect to accumulate funds bymaking monthly additions to a savings or investment account. In this case a required monthly deposit iscomputed that would provide enough funds to cover costs through the last year of education expenses.

This is the amount of money that would need to be set aside immediately to cover all costs assuming that thefunds are spent at the beginning of each year. It is assumed that interest is added each year on the unusedbalance.

The benefit of separate account funding method is that the funds may be segregated and identified for eachchild. The disadvantage is that this method generally will require a much larger monthly deposit in the earlyyears and smaller deposits in the later years. For example, if there are three children starting school atdifferent years, the deposits might look like this:

This method is generally easier for most families to afford.If you use a single monthly amount, then the payments would be level throughout the education years.

Method #1 - Separate accounts for each child:

(The chart below is an example only and does not relate to your plan.)

Funding for all children using level payments = $625 per month

$650Total deposits per month $1,050 $300

Lump Sum:

Monthly Deposits:

Method #2 - A single level payment amount used for all children:

Period 3Period 2



Education Funding

The following schedules illustrate the education funds needed, using an after tax rate of return or a 529education funding account. The options include separate accounts for each child, pre-funding with levelmonthly deposits through the last year, or a lump sum deposit. The results shown are not guarantees orestimates of future results but are for illustration purposes only.

A21

New Scenario (10/19/2011 3:59:19 PM)

Parentsshare at

100.00%

Amount RequiredUsing Separate

AccountsYear

Costsinflated at

5.50%

Lump SumAccount

6.50%

Monthly depositAnnual Costs

MonthlyNaN

6.50%

Pre-Funded Accounts *

2011

2012

2013

* If the education funds do not earn at the rate illustrated, it would require either a larger amount of initial lump suminvestment, larger monthly deposits to the education fund, or education loans to finance the costs.

Totals 0 0

$0

NA

$0

Lump sum needed today to fund future costsFunding education costs with a lump sum investment now:

Your education needs are overfunded(No current educational funds available.)

Monthly funding with level payments through the last year of college:

Total deposits needed to fund college costsWith $0 available, no additional funding is required.Total level monthly payments to fund costs

NA



Education - Separate Accounts

If separate accounts are maintained for each child's education funding, then the following report willillustrate the amount of expenses in each year, and both the immediate lump sum required and the amount ofmonthly deposits required to create an education fund for each child.

The projection assumes use of a 529 college fund or an after tax rate of return on required funds at 6.50%.

A22

New Scenario (10/19/2011 3:59:19 PM)

Yevelle Totals

Lump Sum*

Child

Per Year Deposits

by Year

Monthly

Monthly**

2011

2012

2013

Note: If existing education fund balances or monthly additions exist then the amounts shown above would be reduced accordingly.

*Lump sum is the dollar amount needed today to fund the expenses assuming a 6.50% after-tax or tax-free return on education funds.

**Monthly deposit needed from now through the last year of school to fund the expenses.

Totals $0



431 762

Education Funding Sources A23

EducationFund Balance

(begin year)Annual

AdditionsAnnual

Costs

AnnualGrowth at

6.50%

Sources of Funds

FromEducation

FundsFrom

AssetsAges Year

New Scenario (10/19/2011 3:59:19 PM)

Year

201132 28

201233 29

201334 30

201435 31

201536 32

201637 33

201738 34

201839 35

201940 36

202041 37

202142 38

202243 39

202344 40

202445 41

202546 42

202647 43

202748 44

202849 45

202950 46

203051 47

203152 48

203253 49

203354 50

203455 51

203556 52

203657 53

203758 54

203859 55

203960 56

Note: The education funds are not included in the other expenses, the above amounts are for illustration only.

Note: Education expenses are increased at 5.50% per year




New Scenario (10/19/2011 3:59:19 PM)

Personal

Tax

Analysis

Don Trumpettefor



Report Cover

10/19/2011

Income Tax

Analysis of your taxable income sources, exemptions, deductions andFederal and State taxes due.

The analysis includes phaseouts of itemized deductions and exemptions,where required, special dividend and capital gain rates, AMT and otheritems affecting your income tax and financial results.

These reports are estimates only and should not be relied on for preparationof your income tax return.



D1Income Tax Planning

An important factor in any financial plan is consideration of the effect of income taxes, both now and in thefuture. Unfortunately there is a great deal of uncertainty about the nature of the income tax codes when itcomes to planning for the future. In recent years a number of tax changes have been passed by congress.

– New 10% rate introduced.– Remaining tax table rates reduced gradually until 2006.– Itemized deduction and exemption phaseout repealed gradually.– Child tax credit gradually increased from $500 to $1,000.– Marriage tax penalty gradually repealed.– Education incentives gradually improved.– Estate taxes gradually reduced and then finally repealed in 2010.– Retirement plan contributions liberalized over several years.

EGTRRA

JGTRRA

In 2001 the Economic Growth and Tax Relief Reconciliation Act provided a $1.35 Trillion taxcut. Although this was a welcome event, it was accompanied by a "now you see it, now you don't"disappearing act.

The bad news was that effective in 2011, all these benefits are scheduled to revert back to the rules in effect in2001 unless Congress decides to make them permanent.

Next came the Jobs and Growth Tax Relief Reconciliation Act of 2003. This further enhancedmany of the EGTRRA changes (but did not make anything permanent.)

– Increased the child tax credit to $1,000 immediately.– Provided accelerated tax relief for married couples.– Increased the AMT exemption amounts (but not by much.)– Reduced the tax rates on dividends and capital gains to 5% or 15%.

2011 tax rates including extension under WFTRA

Single Rates Joint Rates10%

15%

25%

28%

33%

35%

$8,500

$34,500

$83,600

$174,400

$379,150

10%

15%

25%

28%

33%

35%

$17,000

$69,000

$139,350

$212,300

$379,150

Of course, the flip side of these benefits is that they are still not permanent. Without specific action byCongress, in 2013 these will all revert back to the 2001 rules. The highly popular dividend and capital gainsrates of 0% for taxpayers at or below the 15% tax bracket or 15% rate for those in the 25% bracket or higherare scheduled to disappear after 2012.

As we work with you to help achieve your personal and financial goals, we will consider the present andfuture tax implications and their effect on the suggestions we might make for you. The hard part is theanticipation that there will undoubtedly be additional future changes that cannot be accurately predicted now.

New Scenario (10/19/2011 3:59:19 PM)

$0 $0

Most of the temporary provisions have been extended by the Tax Relief, UnemploymentTax Relief Act

– The lower tax rates were extended through 2012.– The $1,000 child tax credit was extended through 2012.– The standard deduction was enhanced to equalize married and joint filers.– FICA tax is reduced by 2% for 2011 and 2012..– AMT relief extended through 2011.

Insurance Reauthorization, and Job Creation Act of 2010.



7,006

(Taxes divided by Adjusted Gross Income)

(Combined Federaland State tax rates)

(1,000)

Effective tax rate = 15.69%

Marginal tax rate = 15.00%

Tax Rates:

$14,483

8,477

Total Tax

FICA (social security) tax

Federal Income Tax

Taxable income

Itemized or Standard deductions

Personal exemptions

Adjusted Gross Income

Income taxes can consume a substantial portion of your income. One of your objectives should be to controlthe amount of taxes you must pay through careful management of your income and investment portfolio. Thetax calculations are based on the 2010 tax tables.

Income Tax

Estimated income and taxes for the current year:

Gross income

Adjustments

$92,307

$95,194

(2,887)

$52,370

Other tax or credits

State income tax

(28,837)

(11,100)

D2

D3

New Scenario (10/19/2011 3:59:19 PM)



The following calculations give an idea of the amount of taxes you might pay based on the incomeand asset information provided. These amounts are approximations only and the actual tax amountsmay be higher or lower than illustrated.

Income Taxes D3

New Scenario (10/19/2011 3:59:19 PM)

Gross TaxableINCOME:

G16,17$47,870$47,870Salaries and Wages

H1...H4324324Interest

G1647,00047,000Schedule C (self employment)

$95,194GROSS INCOME

Adjustments:

($2,887)$5,773Self Employment FICA

$92,307ADJUSTED GROSS INCOME

Gross AllowedItemized Deductions:K119,66019,660Mortgage interest

G141,0001,000Charitable contributionsG141,2778,200Medical expenses & premiumsG146,9006,900Property taxesG140Misc Itemized deductions

$52,370

Personal exemptions ( 3 )

(28,837)

(11,100)

0$11,600

TAXABLE INCOME

Itemized deductions $28,837

or Standard deductions

TAX SUMMARY:

Federal Income Tax (Joint) $7,006

FICA (Social Security) & HI Tax 8,477

Other Taxes or (credits)* (1,000)

$14,483TOTAL TAXES

Your Federal marginal tax bracket is 15.00 % .

Your total taxes equal 15.69 % of your Adjusted Gross Income, and 27.65% of your Taxable income.

** The itemized deductions and/or personal exemptions were reduced based on phase-out provisions for high income taxpayers.



Tax paid on assets:

$1,090,682

Total Taxes *Tax-

DeferredTaxable

OtherInc & St

Opt PensionsInd. 2

RetireInd. 1RetireRMDs Equity

Amount of tax paid on:

Ages* Earned Income

D4Income Taxes PaidNew Scenario (10/19/2011 3:59:19 PM)

RentalReal

Estate

$14,483$4928 $14,4343215,0978729 15,0103315,73712630 15,6113416,40516831 16,2373517,10021132 16,8893617,82625633 17,5703718,58230334 18,2793819,37135235 19,0193920,19340236 19,7914021,05245637 20,5964121,94751138 21,4364222,88156939 22,3124323,85562940 23,2264424,87269241 24,1804525,93275742 25,1754627,03882543 26,2134728,19389644 27,2974829,39897045 28,4284930,6551,04746 29,6085031,9691,12847 30,8415133,3401,21248 32,1285234,7701,29949 33,4715336,2641,39150 34,8735437,8241,48651 36,3385539,4521,58552 37,8675641,1531,68853 39,4655742,9291,79654 41,1335844,7831,90855 42,8755946,7212,02556 44,6966048,7452,14857 46,5976132,9812,04258 30,90562 3434,7002,14259 32,45163 10736,5282,25260 34,07364 20338,4532,37761 35,77765 2992,3652,0146266 3511,4151,0446367 3711,5445572716468 542174

29,53629,536656930,44030,440667031,37330,1271,24667712,7812,6771056872

6973707471757276737774787579768077817882798380848185828683878488858986908791889289939094919592969397949895999610097101

H2 H5...H6d H6...H6dH4H1B9, G7G11G9, G11

*Tax on earned income includes state tax, FICA, or other taxes. All tax amounts are estimates only.

B14



4.25%

(300)$1,700

5.00%

2,000

5.00%

$2,000

5.00%

2,000

5.00%

(300)$1,700

5.00%

2,000

5.00%

(300)$1,700

5.00%

2,000

4.25%

5.00%

$1,700(300)

2,000

$20,000$20,000$20,000$20,000$20,000

Net interest after tax*

Annual interest rate

Net deposits

Less taxes at 15.00%*

Annual deposit available

Capital GainsTax Ded.Tax-FreeTax-DeferredTaxableInitial Account Balance

Tax Favored Investing

This illustration assumes that each account has an existing balance of $20,000. The illustration is used tocompare the future accumulation and income potential of various types of investments.

D5

New Scenario (10/19/2011 3:59:19 PM)

Deferred Free Deductable GainsAges AccountTaxable Tax Tax Tax Capital

2832 $20,000 $20,000$20,000$20,000 $20,000

2933 22,785 23,10022,78522,622 22,622

3034 25,709 26,35525,70925,356 25,356

3135 28,780 29,77328,78028,206 28,206

3236 32,004 33,36132,00431,177 31,177

3337 35,389 37,12935,38934,274 34,274

3438 38,943 41,08638,94337,503 37,503

3539 42,675 45,24042,67540,869 40,869

3640 46,594 49,60246,59444,378 44,378

3741 50,709 54,18250,70948,037 48,037

3842 55,029 58,99155,02951,850 51,850

3943 59,566 64,04159,56655,826 55,826

4044 64,329 69,34364,32959,971 59,971

4145 69,331 74,91069,33164,292 64,292

4246 74,582 80,75674,58268,797 68,797

4347 80,096 86,89480,09673,493 73,493

4448 85,886 93,33885,88678,389 78,389

4549 91,965 100,10591,96583,492 83,492

4650 98,349 107,21098,34988,813 88,813

4751 105,051 114,671105,05194,360 94,360

4852 112,089 122,504112,089100,143 100,143

$416

$459

(43)

$478

$562

(84)

$514

$514

(63)

$514

(43)

$459Less average tax at 15.00%*

Average monthly income**

$416Spendable Income $451

Annual Interest Rate = This hypothetical rate is used to show the effect of tax treatments on various account types.TAXABLE = Bank savings, CDs, corporate or govt. bonds, or other accounts where earnings are fully taxed each year.TAX-DEFERRED = Annuities or US Savings Bonds where interest accumulates without tax and is then taxed when drawn out of the account.TAX-FREE = Municipal bonds or funds and Roth IRA where all interest is generally federal tax free and may also be free from state taxation.TAX-DEDUCTIBLE = Regular IRAs, 401(k), 403(b), etc. where deposits are deductible, tax on interest is deferred, then all withdrawals are fully taxed.CAPITAL GAINS = Stocks, mutual funds, real estate or other investments qualified for capital gain treatment.

Note: This report is not intended to apply to any specific savings or investment product. The resultsillustrated are not estimates or guarantees of future results, and are intended for educational purposes only.

* Capital gains column uses tax rate of 15.00%. Assumes taxes are paid each year on gain.

** Assuming entire balance is paid in level annual distributions over an age 52 life expectancy period of 48.0 years




New Scenario (10/19/2011 3:59:19 PM)

Personal

Investment

Analysis

Don Trumpettefor



Report Cover

10/19/2011

Investment

A discussion of various considerations of your savings and investmentstatus, potential risks, liquidity, financial attitudes and asset allocation.



Asset Management

Asset Management has sometimes been defined as:

– Your investment time horizon (time left to accumulate or use investments.)– Your risk tolerance level.

Achieving financial goals involves the use of many techniques, financial concepts and tools. Perhaps one ofthe most important is the proper use of savings, investments and retirement accounts. During your financiallife you will accumulate funds from various sources including savings, surplus income, inheritances, gifts,company contributions to retirement accounts, and other financial resources.

– Your experience and training in investment management.– The amount of time or interest you have for investment analysis or research.– The amount of funds available relative to the amount required to achieve your goals.

Since savings and investment accounts are acquired over a broad time frame, it is not unusual to find that thefunds have been put into savings or investment accounts with inadequate thought as to how the accountsrelate to each other, or how they fit with your goals for financial success.

One objective of any financial plan is to determine the proper mix of asset types and classes. To achieve thedesired results for your financial future, it may be wise to consider repositioning assets from an existingaccount to another that more appropriately match your goals and comfort level.

As a result of our analysis of your financial goals and the resources available to achieve those goals, it may bedetermined that some changes to your assets or their management would enhance your potential for futuresuccess. Any recommendations relating to changes will take into consideration:

Once a portfolio mix has been designed and assets positioned to accomplish your goals, you should plan forregular reviews of your accounts. At that time we will reevaluate your circumstances, economic and financialconditions, and determine whether any changes are in order to bring your asset mix or management back intoproper balance.

B1

Managing assets and resources in relationship to yourpersonal and financial goals, in order to most efficiently

accomplish desired results.

New Scenario (10/19/2011 3:59:19 PM)



Risk

In every aspect of life, we are faced with varying degrees of unknown outcomes. These uncertainties in lifeare sometimes referred to as areas of "Risk". In particular, financial matters are commonly described as either"Safe" or "Risky" or somewhere in between the two extremes.

If you own a $10,000 certificate of deposit earning 5% interest, you will receive $500 per yearinterest. Since the account is insured by the FDIC and the interest is guaranteed for a set timeframe, this may seem like a "safe" investment. If we experience inflation at the rate of 3% per year,the purchasing power of the $500 income will be reduced after the first year to $485, and after 10years to $372. The purchasing power of the $10,000 after 10 years will be reduced to $7,441. Thisloss is a permanent one with no chance for recovery unless our economy goes into a protracteddeflationary cycle.

Using the same $10,000 as above, and assuming you are in the 25% tax bracket, the $500 interestwould be reduced to $375 after taxes. After 10 years, the $500 interest after taxes and inflationwould provide purchasing power of only $277.

Loss of Purchasing Power:

If you place all or most of your financial assets into illiquid assets like real estate, mortgages ornotes, small business interests or even tax deferred retirement accounts with severe earlywithdrawal penalties, then you may find that you no longer have control of your financial future. Ifyour personal financial affairs take a turn for the worse due to a disability, loss of employment,death in the family or other unforeseen event, and you cannot readily reposition your assets to meetyour new needs, then you are exposed to the risk of not being in control of your financial wellbeing.

Tax Loss:

Although there are other types of risk that could be considered, the above examples will illustrate that it isimportant to properly plan and balance your financial assets so that all possibilities are considered. As yourfinancial plan is created, we take into consideration your levels of comfort with different type of assets andwith attention to your personal situation and goals.

Loss of Principal:If you have $10,000 invested in a stock, the stock declines in value to $5,000, and you sell thestock, then you have suffered a loss of principal. On the other hand, if you do NOT sell the stockwhile the value is down, and the stock recovers to $10,000 then you have not suffered a loss. Timeand diversification are keys to mitigating this type of loss.

It is important to recognize that the term "Risk" can refer to more than simply the loss of your money. Someof the different types of risk are described below.

Illiquidity:

B2

New Scenario (10/19/2011 3:59:19 PM)



20.00%

20.00%

20.00%

20.00%

20.00%

$0

$0

100%$0 TOTAL

More Conservative

(This section does not represent assets, but is an important basis for a solid financial plan.)

ESTATE and FAMILY PROTECTION

Life, medical, and disability insurance

(The retirement account assets are included in the above groups.)

RETIREMENT ACCOUNTS

CASH and RESERVES

Stocks, BondsMutual Funds, CDs

LIQUID INVESTMENTS

NON - LIQUID

PartnershipsReal Estate,

Mortgage, Notes

$0

$0

$0Other

Assets,Business

Interests, etc.

Percent of Total

More Aggressive

Asset Pyramid Chart

Proper management of your assets requires an understanding of the relationship between RISK andREWARD. The pyramid below illustrates the assets by levels, with the safest at the bottom and the riskgenerally increasing as you near the top of the pyramid.

Dollar Amount

B3

New Scenario (10/19/2011 3:59:19 PM)

Checking, SavingsMoney Market, US Savings Bonds.



Financial Attitudes

You provided information about your attitudes and feelings relating to asset management and investments.The scale below reflects the information provided, with a score of "5" being most important and a "1"representing the least important.

A balance between growth, stability and income is appropriate. Your portfolio should reflect a welldiversified selection of assets and should be flexible for easy revision as your goals change.

At the present time you should not concentrate solely on income producing programs. try for a balancedapproach with some current income and some investments that will build for the future.

GROWTH:

Since the tax treatment of your investments is not a high priority, you should be more concerned about thereal rate of return on an investment than whether it has current tax benefits.

Your moderate concern about inflation would indicate a balanced approach to asset selection. Position yourassets for a good return without sacrificing inflation protection.

INCOME:

LIQUIDITY:This factor does not appear to be a high priority. When making investment decisions don't let the length ofthe investment period overshadow the other factors which might be of more concern.

Area of Concern Importance

Maximum Investment Growth PotentialProtection from InflationReducing Income TaxesLiquidity (convert assets to cash)Current Spendable Income

3

333

3

TAXES:

INFLATION:

B4

New Scenario (10/19/2011 3:59:19 PM)



Asset Classes

The task of managing your assets is a lifetime undertaking, and should be managed with careful regard toyour present and future financial goals. Of particular importance is maintaining an appropriate mix of assetsin respect to your current objectives and the constantly changing economic and market conditions.

There are many different types of assets available to which funds may be allocated. The characteristics ofeach asset will vary but will generally fit into one of the following categories.

ASSET CLASSES:

B5

New Scenario (10/19/2011 3:59:19 PM)

CashIncome

Growth and IncomeGrowth

Aggressive GrowthMisc

The amount of funds you place in each of these categories will be determined by a number of factorsincluding your need for income, growth, tax sensitivity, inflation expectations and other items.

As your goals and objectives change, and as the current economic and market outlook varies it is expectedthat your use of the various asset classes will also change, requiring a periodic review and repositioning ofyour saving and investment assets.

Asset allocation does not guarantee a profit or protect against loss in a declining market.



Asset Allocation

As you manage your portfolio of savings and investment assets, it is important that you consider how thecharacteristics of each asset matches your overall level of risk tolerance and your current financial goals.The chart below illustrates a suggested percentage of assets for various risk tolerance levels.

B6

Conservative ModerateVery

ConservativeAsset Class Aggressive

Your risk profile indicates an investor type of : Moderate

Typical percentage of assets allocated for various risk levels.

VeryAggressive

YourCustom

Allocation

New Scenario (10/19/2011 3:59:19 PM)

520Cash 5 15%1520

1025Income 10 20%2030

2025Growth and Income 15 20%2040

3525Growth 25 30%3010

305Aggressive Growth 45 15%15

Misc

The allocation percentages illustrated above are only suggestions for your consideration, and are not intendedto be a permanent allocation. As time passes and your goals change, it will be important that you review yourportfolio to assure that the current mix of your assets is appropriate for your goals and for current economicand market conditions.

This Asset Allocation does not guarantee a profit or protect against loss in declining markets.

100% 100%100% 100% 100% 100%



Asset Allocation B7

New Scenario (10/19/2011 3:59:19 PM)

The following graph is provided to help you more easily visualize your present and suggested asset allocation.This suggested mix is intended only for the current period, and you are encouraged to return regularly toreview your personal goals and resources, the financial environment and to determine whether changes to thesuggested mix is appropriate. The percentages shown on the label area indicate the Present / Suggested"percent for each asset class.

Present Suggested

Cash 15.00%0.00%

Income 20.00%0.00%

GrwInc 20.00%0.00%

Growth 30.00%0.00%

AggGrw 15.00%0.00%

Misc 0.00%0.00%

B8

Asset Allocation does not guarantee a profit or protect against loss in declining markets.



Allocation Worksheet

The following worksheet compares your present assets to the percentages suggested for your particular goalsand risk tolerance level. If the amount in a class is too large or small, then the amount you might considermoving into or out of a category is shown in the "Amount To Move" column.

B8

Suggested

Amount

Present

Percent PercentAmount (or out)

Amount toMove In

Asset Class

New Scenario (10/19/2011 3:59:19 PM)

Cash 15.00%

Income 20.00%

Growth and Income 20.00%

Growth 30.00%

Aggressive Growth 15.00%

Misc

It will be important to re-evaluate your asset mix on a regular basis and determine which assets should befurther increased or decreased. As you make changes to your portfolio you should carefully review yourcurrent lifestyle needs and goals.

Please recognize that the asset mix suggested above is not intended as a guarantee or assurance of futureresults. The suggested asset classes and their percentages do not represent an offer to sell or a solicitation of apurchase of any particular security, but are provided only as an illustration of a possible portfolio mix basedon your stated goals and risk level.

Asset allocation does not guarantee a profit or protect against loss in declining markets.

* The asset category amounts shown do not include your residence, rental real estate and personal property.

TOTAL*



Investment Returns

This chart illustrates the variable nature of stock investing. The scale does not represent any specific value orpercent change, but rather shows relative increases or decreases in the indexes. Be aware that stock pricesincrease or decrease at various times and there is no assurance that profits will be realized in any particulartime frame. The chart does not represent any particular investment portfolio or asset class.

Historical Stock Market Changes

These rates of return do not include adjustment for annual fees, commissions, taxes or other expenses thatmight be incurred in any investment plan. These costs could range from 0% to as much as 2% per year ormore depending on the type of investment activity and method of managing the accounts. In addition toannual fees and expenses, some investments may include an initial commission, sales charge or set upexpense. If fees and expenses are taken into account, the above rates of return would be lower. The rates usedin the analysis are assumed to be net of any potential fees and expenses. If we assist you in selecting assetsfor your investment portfolio, a complete description of any fees, expenses, commissions or other costs willbe provided for each investment selected.

Historical Asset Class ReturnsThis table shows the wide range of returns realized on various asset classes for different time periods.

Your financial analysis includes hypothetical portfolio illustrations. To help you understand the potentialrisks and rewards of investing, the following information shows some historical investment results. While theanalysis has used annual rates to illustrate possible scenarios, it does not attempt to specify which assetclasses, investment vehicles or combinations of classes you will actually use in your portfolio, as theportfolio mix will generally change several times in the future.

Asset Class5 Year Return**

Return

Annual*

Maximum

20 Year Return***

Minimum

* Annual return is the average annual compounded rate of return from 1926 through 2010.

** 5 year return is the highest and lowest average rolling return for all the 5 year periods from 1926 through 2010.

*** 20 year return is the highest and lowest average rolling return for all the 20 year periods from 1926 through 2010.

In any report that illustrates an annuity product, it is assumed that the product is a fixed annuity earninginterest as paid by the issuing company. A fixed annuity is generally protected against loss of principal. If avariable annuity should be selected by you for any portion of your portfolio, please be aware that the annualreturn and corresponding asset value, death benefit and cash values will be based on the underlyinginvestment choice, and could result in a zero or negative rate unless the product has specific terms limitingthe loss of principal. The terms for annuity products will be spelled out in the annuity contract. The fees andcharges on any annuity contract will vary based on the company and features provided in the contract. Theycould range from a minimal amount to as much as 2.5% or more.

B8a

MinimumMaximum

0.96%

21.62%

0.07%11.12%16.98%

22.51%

28.60%

-27.54%45.90%

-2.14%-2.22%

Treasury Bills

Bonds - Intermediate Govt.Bonds - Long Term Govt.

Inflation

Stocks - Large Companies

Bonds - Long Term Corporate

Stocks - Small Companies

-12.47%

0.69%1.34%12.13%

1.58%

12.09%

21.13%

6.36% 0.07%3.11%17.88%

5.74%

0.42%5.32%5.46%

3.66%

10.06% -5.42%

5.98%

7.72%9.97%

2.98%

12.13%9.86%




New Scenario (10/19/2011 3:59:19 PM)

Personal

Retirement

Analysis

Don Trumpettefor



Report Cover

10/19/2011

Retirement

Reviewing your retirement goals and objectives, assets available to use forretirement and an estimate of how long your funds might last based onvarious assumptions.

A Monte Carlo Simulation report may be included to illustrate the fact thatthe results of any retirement projection will vary based on market conditionsand other factors that are not possible to accurately predict.

Please be aware that this retirement illustration is not guaranteed, does notrepresent use of any particular investment securities, asset classes orinvestment style. The rates of return used are hypothetical and are used foreducational and illustration purposes.



Retirement Planning

At some time we all reach a point where we are ready to "slow down" from the pressures of earning a livingand would prefer to enjoy taking life as we want it instead of continuing with the daily work routine.

In recent years we have seen several trends that will affect your plans and how they are achieved.

In many cases an "early" retirement is desired - resulting in a difficult challenge to assurethat adequate funds are available to last for a significant number of years.

In other cases, the thought of exiting the work place is difficult, resulting in what could bedescribed as a "slow down" mode where instead of leaving the work force, the decision ismade to work on a reduced schedule. This allows for a gradual change, as well as providingsome continued income while the adjustment is made.

The "new retirement" mode also requires a different approach to income and expense planning.Where in the past, a retirement plan estimated that a specific dollar amount of income would berequired from retirement age through life expectancy, we now recognize that the "retirement"years may actually consist of several different stages. For example:

Typical "New Retirement" phases:

First 5 years - you may actually have an increased need for income as you now have time to travel toall the places you wanted to see but just couldn't get away from the daily grind in order to really enjoyyourself.

Next 5 to 10 years - a moderated level of expenses as you now have the extra play time out ofyour system. Perhaps you still enjoy various activities, but find them less expensive than in the earlierretirement years.

Additional years when your expenses actually decline as you reach an age where your energy level isnow lower, and you spend less money on items subject to higher levels of inflation, like clothing,eating out, etc.

The later years when health conditions start to take an additional toll and your expenses again increaseas medical costs become a more significant part of your living expenses.

As we have prepared your financial analysis we have tried to anticipate your needs and take intoconsideration how you might most effectively prepare for the golden years of your life.

C1

New Scenario (10/19/2011 3:59:19 PM)



*Annual expenses include basic living expenses, mortgage and debt payments, insurance premiums, itemized deductions, savings andinvestment deposits.

Retirement

The amount of monthly income needed for retirement can increase dramatically when inflation isconsidered. The above graph illustrates the impact of inflation on your desired income by showingannual expenses in today's dollars as well as the same items adjusted for inflation.*

If you have not accumulated enough capital to last through your lifetime, you could then find yourselfdependent on others during the years when you most desire your financial independence. The graphabove illustrates the amount of your capital available each year, or the amount of cumulative incomeshortage when your capital runs out.

C2

New Scenario (10/19/2011 3:59:19 PM)



Retirement Needs Analysis C3

New Scenario (10/19/2011 3:59:19 PM)

In order to determine whether you will have adequate income and capital to fund your retirement, a numberof factors must be evaluated:

– Income needed for basic living expense and number of years required.– Income available from Social Security, pensions or other sources.– Extraordinary income or expense items that will affect your retirement capital.– Existing savings, investment and retirement funds and annual additions to the accounts.– The effect of inflation on income and expenses.– The rate of return you are able to earn on your accounts.– The effect of income taxes on your income sources and accounts.

You are now ages 32 and 28 and plan to retire at ages 62 and 62. That leaves you 30 years to preparefor your financial independence.

The anticipated expenses and various income streams available are illustrated below. In order to help youvisualize the relative value of the income streams, we have shown the total amount of payments needed orreceived over your retirement years through life expectancy, as well as the value of the streams of income atretirement.

In Today'sDollars at

6.00% NPVDiscount

InflationAdjusted

Amounts (b)Cumulative

Income/Expense

Total MonthlyAmounts in

Today's $ (a)Inflation

RateIncome needed:

$9,7643.00%$9,764Current living expenses

15,0303.00% $12,023,702 $717,033Living expenses at age 62 6,863 G4,G12(c)

20,9433.00%6,863Expenses at age 74

30,2203.00%6,863Expenses at age 87

Total IncomeSources of income: (d)

2.00%1,034Social Security - Don at age 62 1,873 G1176,7341,123,891

2.00%1,020Social Security - Sabrina at age 62 2,000 G1164,9501,202,528Other income items & insurance G8120,599829,195

$3,155,614Total income or expenses

$8,868,089Income shortfall - amount needed compared to amount available

(f)$2,690,000Estimated capital required at retirement to satisfy this shortfallIncluding an assumed 6.00% after-tax rate of return on capital.

(a) Total expense = personal expense, itemized deductions, insurance premiums, debts and mortgages, saving and investments. (G4)(b) Inflation adjustments apply only to those items exposed to inflation (not debts, life insurance, etc.)(c) Cumulative living expense is the total of all expense payments needed during retirement through life expectancy.(d) The "Sources of income" represents the sum of all monthly or annual income expected from Social Security, pensions (after tax) orother anticipated post-retirement income sources. Any life insurance benefit shown is received at life expectancy.

(f) This number is calculated using the most conservative of two separate calculations.Note: Income taxes are not included as part of expenses as the taxes are paid out of the sources of taxable income.



Retirement Capital Analysis C4

New Scenario (10/19/2011 3:59:19 PM)

$8,868,089The remaining expense anticipated as described on the Retirement Needs Analysis is . . . . . . . . . . . . . C3

(This amount was carried forward form the Retirement Needs analysis page.)

$2,690,000At age 62 the remaining expense could require capital of approximately . . . . . . . . . . . . .(This assumes an after tax rate of return of 6.00% on assets used to fund shortage. The actual amount of capitalneeded will vary depending on the type of savings and investments used and their tax treatment.)

Future Valueat age 62

Currentaverageafter tax

rate *

Currentweightedaverage

rate

Current valueused for

retirementestimate

Currentyear annual

additionsEstimate of futureasset account values

H8

H7

H6...H6d

H5...H6d

H4

H3

H2

H1

Total Asset values 6.84% 6.78%$52,876 $671,035

Deductible retirement - Sabrina

Deductible retirement - Don 7.00% 7.00%48,596 369,925

Tax-Deferred annuity or govt bonds.

Tax-Free accounts

Equity & other accounts$4,280 5.00% 4.25%Taxable Accounts $301,110$4,800

* The after-retirement rate may differ substantially from the pre-retirement rate, particularly on deductible retirement accounts.

Tax rate on interest is 15.00% before retirement, 15.00% after. Dividend and Capital Gain taxed at 15.00% before retirement and 15.00% after.

You might have as much as $671,035 capital available at retirement. You may need additional capital of $2,018,965.

Your current funds could last until your age 72 at which time your funds will be depleted.

The above results are hypothetical, based on the assumptions used, and are not guaranteed. The illustration is provided

for educational purposes and does not represent any specific investment, class of investments or investment style.

In order to make up this shortage of capital required for your retirement, you have several choices:

1. Increase the before-tax "weighted average" rate ofreturn on all your existing asset accounts to . . .

rateAverage

10.50% C5

2. Increase the amount of money being added to your savings and investments.You would have to make the following additional monthly deposits at a return of ...

5.00%

7.00%

9.00%

after tax =

after tax =

after tax =

$1,900

$900

$400

(Assuming deposits C5

are increased by

3.20% per year.)

Note: The monthly additions are made into a side fund and computed to assure that asset account balances are never less than $0.

3. Use some combination of the two methods shown above.



Retirement Capital Notes

The Retirement Capital Analysis report lists existing savings and investment accounts and shows hypotheticalvalues at retirement age. The analysis is based on assumed rates of return information supplied by you and isnot an estimate or guarantee of future performance. The assumptions used are detailed below.

The tax rate used for ordinary income items prior to retirement is 15.00% and after retirement is 15.00%.Thetaxable income includes interest, non-qualified dividends, tax deferred and retirement accounts distributions.

Tax on qualified dividends, capital gains and appreciation is computed at the rate of 15.00% beforeretirementand 15.00% after retirement.

Income taxes

The rates used are estimates based on your current tax bracket and may or may not reflect the rates that mightbe in effect at any time in the future. These rates are used for illustration purposes only and future changes inthe tax laws or in your taxable income level may significantly affect the tax results of this analysis.

Future Values at Retirement AgeEach type of asset illustrated in the previous page uses a different assumed rate of return and tax treatment forestimating the future result. The assumed rates of return are derived from the asset and rate information youprovided and may not actually reflect future results and are used for illustration purposes. The CurrentWeighted Average Rates come from the Asset Summary report. The Current After Tax Rates reflect theeffective tax treatment of each asset type as described below.

Taxable Accounts

Equity and Other Accounts

Interest earned on this asset type is taxed at the ordinary tax rate each year, both before and after retirement.As interest is earned, the estimated tax is deducted and the remaining interest is reinvested.

The appropriate income tax effect is applied to the portfolio return based on the sources of income (interest,dividend, capital gain and appreciation). The after-tax return is reinvested.

Tax-Free AccountsThe income on this asset type is assumed to be fully exempt from tax and the entire return is reinvested eachyear.

Tax-Deferred AccountsIn years when there are no distributions from the accounts, the entire return is reinvested with no tax effect. Inany year when a distribution is made, the distribution is assumed to come first from the accumulated tax-deferred returns. When all the accumulated tax-deferred returns have been distributed, the annual earnings arethen taxed when distributed. The balance of distributions are treated as non-taxable distribution of the originalcapital. All taxable distributions are taxed at the ordinary income tax rate.

Deductible Retirement AccountsAnnual returns on these accounts are reinvested each year with no income tax. When distributions are made,the entire amount is taxed at the ordinary income tax rate. If distributions are made prior to age 59 1/2 theymay be subject to an additional 10% excise tax penalty. Distributions must begin by age 70 1/2 unless specialconditions apply.

Roth IRA AccountsThe earnings and withdrawals in these accounts are exempt from tax, both during the accumulation anddistribution years.

C4a

New Scenario (10/19/2011 3:59:19 PM)



Total Value

(Monthly deposits increase at 3.20% per year. Annual deposit amounts shown.)

Total Value

TotalValue

Original estimate plus monthly additions into side fund.Revised Estimate

With AllAssets at

10.5%Ages

Original Capital

Estimate

C5Retirement Estimate SolutionNew Scenario (10/19/2011 3:59:19 PM)

5.00%

1900 900

7.00% 9.00%

400

$63,226$61,3522832 $66,355$4,800$72,505$10,800$84,682$22,80074,55370,2832933 80,9184,95493,75311,146118,88323,53086,95379,6943034 96,6565,112116,73911,502155,62724,283

100,52689,6113135 113,6625,276141,59311,870195,07125,060115,384100,0653236 132,0485,445168,45512,250237,38325,861131,650111,0853337 151,9245,619197,47512,642282,73826,689149,457122,7053438 173,4195,799228,81413,047331,32327,543168,954134,9593539 196,6675,984262,64313,464383,33528,424190,302147,8853640 221,8196,176299,14913,895438,98429,334213,676161,5203741 249,0326,373338,52814,340498,48930,273239,271175,9073842 278,4846,577380,99414,799562,08331,241267,299191,0893943 310,3636,788426,77315,272630,01332,241297,993207,1134044 344,8777,005476,11115,761702,53933,273331,608224,0294145 382,2517,229529,27016,265779,93834,338368,425241,8894246 422,7297,460586,53116,786862,49935,436408,749260,7514347 466,5807,699648,19717,323950,53336,570452,917280,6714448 514,0897,945714,58817,8771,044,36137,741501,299301,7154549 565,5768,200786,05218,4491,144,33138,948554,297323,9484650 621,3818,462862,96119,0401,250,80240,195612,357347,4434751 681,8808,733945,71319,6491,364,16241,481675,964372,2744852 747,4779,0121,034,73420,2781,484,81342,808745,653398,5234953 818,6169,3011,130,48320,9271,613,18744,178822,008426,2745054 895,7799,5981,233,45021,5961,749,73445,592905,670455,6195155 979,4929,9051,344,16222,2871,894,93447,051997,343486,6555256 1,070,32510,2221,463,18423,0002,049,29348,557

1,097,800519,4855357 1,168,90310,5501,591,12123,7362,213,34550,1101,207,888554,2185458 1,275,90410,8871,728,62024,4962,387,65551,7141,328,536590,9695559 1,392,06511,2361,876,37525,2802,572,81753,3691,460,763629,8655660 1,518,19511,5952,035,13626,0892,769,46455,0771,605,686671,0355761 1,655,16811,9662,205,69726,9242,978,26056,8391,774,901721,6895862 1,798,1412,367,2923,146,9561,964,805779,3245963 1,956,7542,543,8883,328,6722,177,550844,5396064 2,132,4202,736,6633,524,3172,415,657917,9946165 2,326,6882,946,9003,734,8742,488,182811,0586266 2,351,8972,986,6343,772,0552,564,356696,1686367 2,381,5483,029,0173,808,6552,644,565571,0126468 2,414,4923,072,5023,842,7402,729,246404,1506569 2,420,5613,086,4733,843,2662,818,895220,1986670 2,425,7633,096,4273,835,2662,899,86417,8456771 2,430,3073,101,9973,817,8662,983,0026872 2,456,1233,124,4613,811,7933,068,2666973 2,497,6573,161,4613,817,9443,155,5907074 2,537,2773,195,3253,818,6003,244,8767175 2,574,6183,225,6433,813,2943,335,9867276 2,609,2743,251,9643,801,5293,428,5267377 2,640,7983,273,8053,782,7783,521,8937478 2,668,6923,290,6373,756,4813,609,8867579 2,692,4053,301,8893,722,0413,693,1177680 2,711,3303,306,9413,678,8263,772,0407781 2,724,7933,305,1233,626,1643,849,7657882 2,732,0543,295,7073,563,3423,925,8767983 2,732,2933,277,9073,489,6033,999,9038084 2,724,6083,250,8743,404,1444,071,3198185 2,708,0023,213,6873,306,1144,139,5338286 2,681,3793,165,3533,194,6094,203,8848387 2,643,5323,104,7983,068,6724,263,6328488 2,593,1323,030,8622,927,2904,317,9528589 2,528,7172,942,2942,769,3864,364,9448690 2,448,6772,837,7422,593,8234,402,2678791 2,351,2462,715,7482,399,3934,428,3298892 2,234,4782,574,7392,184,8204,441,4348993 2,096,2392,413,0191,948,7514,440,6049094 1,934,1832,228,7581,689,7554,424,0589195 1,745,7332,019,9861,406,3174,479,0209296 1,613,0621,869,5781,181,8334,543,3069397 1,457,9851,698,337935,9054,600,4219498 1,279,0591,505,414668,0934,649,2919599 1,073,7581,288,955376,9884,688,76896100 839,3111,046,96161,102

97101

Monthly deposits are computed to assure that assets never fall below $0 prior to last life expectancy.* An asterisk (*) indicates that the monthly deposits would exceed 1/3 of your income and this option is not practical.NA - The "N/A" sign in the monthly amount area indicates that no monthly deposits are required.

C6



$52,876

Total Acct Values (end of year)

$144,000

Annual Deposits

$829,195

OtherInc/Exp

SocialSecurity

$2,326,419$7,655

Pension &Min. Dist.

($12,023,702)

Tax DueEach Year

Return on

Assets

ScheduledDist.

AnnualSurplus

(shortage)

Income available/Other expenses

Ages

AnnualExpenses

C6Retirement Capital Estimate

$0

15.00%

15.00%

New Scenario (10/19/2011 3:59:19 PM)

$61,352($49)$3,7252832 $4,80070,283(87)4,2172933 4,80079,694(126)4,7363034 4,80089,611(168)5,2853135 4,800

100,065(211)5,8643236 4,800111,085(256)6,4763337 4,800122,705(303)7,1233438 4,800134,959(352)7,8063539 4,800147,885(402)8,5273640 4,800161,520(456)9,2903741 4,800175,907(511)10,0973842 4,800191,089(569)10,9513943 4,800207,113(629)11,8534044 4,800224,029(692)12,8074145 4,800241,889(757)13,8174246 4,800260,751(825)14,8864347 4,800280,671(896)16,0164448 4,800301,715(970)17,2134549 4,800323,948(1,047)18,4804650 4,800347,443(1,128)19,8224751 4,800372,274(1,212)21,2434852 4,800398,523(1,299)22,7484953 4,800426,274(1,391)24,3415054 4,800455,619(1,486)26,0305155 4,800486,655(1,585)27,8205256 4,800519,485(1,688)29,7175357 4,800554,218(1,796)31,7285458 4,800590,969(1,908)33,8595559 4,800629,865(2,025)36,1205660 4,800671,035(2,148)38,5175761 4,800721,689(2,076)37,94422,480 172,66258 (180,356)62 14,786779,324(2,249)41,01722,930 181,29559 (185,355)63 18,869844,539(2,455)44,42823,388 190,36060 (190,505)64 23,243917,994(2,676)48,20523,856 199,87861 (195,809)65 27,925811,058(2,365)48,36548,33662 (201,273)66 (152,936)696,168(1,415)44,12049,30363 (206,900)67 (157,597)571,012(1,544)38,79350,28964 (212,696)68 (162,407)404,150(29,536)30,04351,29565 (218,666)69 (167,371)220,198(30,440)18,98052,32166 (224,815)70 (172,494)17,845(30,127)6,80053,36767 7,063(231,148)71 (170,718)

(2,677)54,43468 592(237,671)72 (182,644)55,52369 (244,391)73 (188,867)56,63470 (251,311)74 (194,678)57,76671 (258,440)75 (200,673)58,92272 (265,782)76 (206,860)60,10073 (273,344)77 (213,244)61,30274 (281,134)78 (219,832)62,52875 (289,157)79 (226,628)63,77976 (297,420)80 (233,642)65,05477 (305,932)81 (240,878)66,35578 (314,699)82 (248,344)67,68279 (323,729)83 (256,046)69,03680 (333,030)84 (263,994)70,41781 (342,610)85 (272,193)71,82582 (352,477)86 (280,652)73,26283 (362,640)87 (289,379)74,72784 (373,108)88 (298,382)76,22185 (383,891)89 (307,669)77,74686 (394,996)90 (317,251)79,30187 (406,435)91 (327,135)80,88788 (418,217)92 (337,331)82,50589 (430,353)93 (347,848)84,15590 (442,852)94 (358,698)85,83891 (455,727)95 (369,889)87,554 85,00092 (468,988)96 (296,433)44,95893 (351,351)97 (306,393)45,85794 (361,553)98 (315,695)46,77495 (372,060)99 (325,286)47,71096 (382,883)100 (335,173)

97101H1...H8H1...H8 D4B15, G8G11H1...H8G9,G11G4

Note: All incomes/expenses are represented in after-tax values with the exception of Social Security. Tax rate on income and interest is

15.00% before retirement,15.00% after. Dividend and Capital Gain taxed at 15.00% before retirement and 15.00% after.



Asset Illustration

Your assets are illustrated in this plan based on two major groups, Personal Accounts and Tax DeductibleRetirement accounts. Within these groups, the assets are further divided as described below.

These are savings and investments that earn interest or dividends which are fully taxable at ordinaryincome rates. Included in this category are savings accounts, certificates of deposit, money marketfunds and accounts, bonds, notes and mortgages, etc.

IRA - Individual Retirement Accounts.401(k) - corporate thrift or savings plans.

Profit Sharing - corporate plans for employee profit sharing.Roth IRA accounts (tax free growth).

Some assets allow you to accumulate money without current taxation on interest or other returns. Themost common are fixed or variable annuities issued by insurance companies. Any illustration of anannuity account is hypothetical, and does not represent any specific product or underlying investmentaccounts and is not intended to project or predict investment results. The variable nature of a variableannuity will affect not only the investment returns, but will also affect the cash value and death benefitsof the annuity. The annuity could result in zero or negative return, depending on the performance of theunderlying investments and the terms of the annuity contract.

Keogh or SEP - retirement plans for self employed individuals.TSA - tax sheltered annuity plans for employees of 403(b) tax exempt organizations.

SIMPLE 401(k) and SIMPLE IRA - employer sponsored plans.

Personal Accounts:

Fully Taxable:

Tax-Deferred:

Tax-Free:

Equity and Other:

Tax Deductible Retirement Accounts:

Interest earned on certain bonds issued by federal, state or local municipalities are exempt from federaland in some cases state income tax. These are referred to as "tax exempt" securities and may bepurchased individually or as muni bond investment trusts or mutual funds.

Assets which receive part or all of their return in the form of appreciation and qualify for special capitalgains treatment on the profits would be included in this category. Such assets include: stocks, equitymutual funds, real estate, business interest, etc.

This includes any account that is treated by the IRS as qualified for special tax deferral or deduction.

Roth 401(k) - tax-free after-tax personal contributions, pre-tax company additions.

These accounts generally allow for pre-tax contributions and tax-deferred earnings. When funds arewithdrawn from these accounts the entire amount is taxable at the ordinary tax rate. (Roth accounts use aftertax contributions and tax-free accumulation and withdrawal.)

Not an Investment Offer:

This is not an offer to sell or a solicitation of an offer to buy any security. Such offer would be accompaniedby a prospectus or other offering materials.

IMPORTANT:The projections or other information generated by Money Tree regarding the likelihood of variousinvestment outcomes are hypothetical in nature, do not reflect actual investment results and are notguarantees of future results.

C7

New Scenario (10/19/2011 3:59:19 PM)



$52,876

Total WorkingAssets (eoy)

Depositsor draws

Balance

Roth Accounts

$48,596

7.00%Depositsor draws

Balance

Retirement AcctsTax-Deferred

Balance

Depositsor draws 5.00%

Tax-Free

Balance

4.00%Depositsor draws

Depositsor draws

Equity

8.00%

Balance

$4,280

5.00%

Balance

Taxable

Ages

C8Asset AccountsNew Scenario (10/19/2011 3:59:19 PM)

Depositsor draws

$51,998 $61,35328 $9,355$4,8003255,638 70,28429 14,6464,8003359,532 79,69430 20,1624,8003463,699 89,61131 25,9124,8003568,158 100,06532 31,9074,8003672,929 111,08533 38,1564,8003778,035 122,70634 44,6714,8003883,497 134,96035 51,4634,8003989,342 147,88636 58,5444,8004095,596 161,52137 65,9254,80041

102,287 175,90738 73,6204,80042109,448 191,09039 81,6424,80043117,109 207,11440 90,0054,80044125,306 224,02941 98,7234,80045134,078 241,89042 107,8124,80046143,463 260,75143 117,2884,80047153,506 280,67244 127,1664,80048164,251 301,71545 137,4644,80049175,749 323,94946 148,2004,80050188,051 347,44347 159,3924,80051201,215 372,27548 171,0604,80052215,300 398,52449 183,2244,80053230,371 426,27550 195,9044,80054246,497 455,62051 209,1234,80055263,752 486,65652 222,9044,80056282,214 519,48553 237,2714,80057301,969 554,21854 252,2494,80058323,107 590,97055 267,8634,80059345,724 629,86556 284,1414,80060369,925 671,03557 301,1104,80061393,9702,9582,9583,0212,957 721,6896,1055,91458 315,6352,95762419,5786,9423,7746,9973,773 779,32414,2607,54759 331,5473,77363446,85111,9994,64912,0264,648 844,54024,7069,29760 348,9584,64864475,89619,6656,98219,6416,981 917,99433,3836,98161 369,4096,98165506,83020,54820,426 811,05935,36862 227,887(152,936)66539,77321,47121,243 696,16837,47263 76,209(157,596)67571,012(3,712)(21,435)(21,618) 571,012(38,455)64 (77,742)68404,150(196,905) 404,1506569220,198(202,932) 220,198667017,845(209,153) 17,8456771

(18,542)68726973707471757276737774787579768077817882798380848185828683878488858986908791889289939094919592969397949895999610097101

H5...H6d H7,H8H4H3H2H1

Note: Rate of return shown for the asset groups are for the first year only. Refer to asset reports for future rates.



Returnon

Assets

MinimumDistribution

** $48,596$4,280 $52,876

Retirement& Roth

Accounts

AccountBalance

Savingsand

InvestmentCashFlow

(shortage)

PersonalWith-drawls

15.00%15.00%

Tax DueEach Year

CompanyDepositsAges

PersonalDeposits

C8aTotal Asset AccountsNew Scenario (10/19/2011 3:59:19 PM)

$9,355 $51,998($49) $3,726 $61,35328 $4,8003214,646 55,638(87) 4,218 70,28429 4,8003320,162 59,532(126) 4,737 79,69430 4,8003425,912 63,699(168) 5,285 89,61131 4,8003531,907 68,158(211) 5,865 100,06532 4,8003638,156 72,929(256) 6,476 111,08533 4,8003744,671 78,035(303) 7,123 122,70634 4,8003851,463 83,497(352) 7,806 134,96035 4,8003958,544 89,342(402) 8,528 147,88636 4,8004065,925 95,596(456) 9,291 161,52137 4,8004173,620 102,287(511) 10,098 175,90738 4,8004281,642 109,448(569) 10,951 191,09039 4,8004390,005 117,109(629) 11,853 207,11440 4,8004498,723 125,306(692) 12,808 224,02941 4,80045

107,812 134,078(757) 13,817 241,89042 4,80046117,288 143,463(825) 14,886 260,75143 4,80047127,166 153,506(896) 16,016 280,67244 4,80048137,464 164,251(970) 17,213 301,71545 4,80049148,200 175,749(1,047) 18,481 323,94946 4,80050159,392 188,051(1,128) 19,822 347,44347 4,80051171,060 201,215(1,212) 21,244 372,27548 4,80052183,224 215,300(1,299) 22,748 398,52449 4,80053195,904 230,371(1,391) 24,342 426,27550 4,80054209,123 246,497(1,486) 26,031 455,62051 4,80055222,904 263,752(1,585) 27,821 486,65652 4,80056237,271 282,214(1,688) 29,718 519,48553 4,80057252,249 301,969(1,796) 31,729 554,21854 4,80058267,863 323,107(1,908) 33,860 590,97055 4,80059284,141 345,724(2,025) 36,120 629,86556 4,80060301,110 369,925(2,148) 38,518 671,03557 4,80061327,719 393,970(2,076)14,786 37,944 721,6895862359,746 419,578(2,249)18,867 41,017 779,3245963397,689 446,851(2,455)23,242 44,429 844,5406064442,098 475,896(2,676)27,925 48,205 917,9946165304,229 506,830(2,365)(152,936) 48,365 811,0596266156,395 539,773(1,415)(157,596) 44,121 696,1686367

571,012(1,544)(162,406) 38,794 571,0126468404,150(29,536)(167,370) 30,044 404,1506569220,198(30,440)(172,493) 18,981 220,198667017,845(30,127)(170,718) 6,801(8,309) 17,8456771

(2,677)(182,644) (697)6872(188,867)6973(194,677)7074(200,673)7175(206,860)7276(213,244)7377(219,831)7478(226,628)7579(233,641)7680(240,877)7781(248,343)7882(256,046)7983(263,993)8084(272,192)8185(280,651)8286(289,378)8387(298,381)8488(307,669)8589(317,250)8690(327,134)8791(337,330)8892(347,848)8993(358,697)9094(369,889)9195(296,433)9296(306,392)9397(315,695)9498(325,285)9599(335,173)96100

97101

Note: This report is a summary of all the asset illustration pages (H1 - H8).



C9Monte Carlo Retirement Simulation

Monte Carlo Simulations illustrate possible variations in growth and/or depletion of retirement capital underunpredictable future conditions. Simulation introduces uncertainty by fluctuating annual rates of return on assets.The graph and related calculations do not presuppose or analyze any particular investment or investment strategy.This long-term hypothetical model is used to help show potential effects of market volatility and possible effectson your financial future. This is not a projection, but an illustration of uncertainty.

The simulations begin in the current year and model potential asset level changes over time. Included are allcapital assets, both tax advantaged and taxable, all expenses, including education funding if applicable, pensionbenefits and Social Security benefits. Observing results from these large number of simulations may offer insightinto the shape, trends and potential range of future retirement plan outcomes under volatile market conditions.

Results from 10,000 Monte Carlo Simulations:$0 Percentage of results above zero*

Maximum Monte Carlo result

Average Monte Carlo result Percentage with $ remaining at Don's age 79

Percentage with $ remaining at Don's age 84Minimum (worst case) result

Original Retirement Capital estimate

Percentage with $ remaining at Don's age 74

*Percent of times money is remaining at 89

$0

$0

$0

0%

0%

0%

0%

The bold line is the estimated retirement capital value over time using fixed rates.Current rate of return is 6.84% in the original estimate and varies from 5.54% to 9.43%, with portfolio changes.

This simulation used a 0.00% standard deviation to create ten thousand sets of normally distributed random rates of return

based on the annual rates of return in the original estimate (95% of the rates fall between 5.54% and 9.43%).

A standard deviation rate of 0.00% was applied to the inflation rate used on personal expenses.

The Monte Carlo illustration above points out the uncertainty of future retirement capital outcomes.It is important that you return regularly for a review of your goals and financial condition, in order

to assure that appropriate periodic adjustments are made to your financial affairs.

IMPORTANT: The projections or other information generated in this report regarding the likelihood of variousinvestment outcomes are hypothetical in nature, do not reflect actual investment products or results and are notguarantees of future results. Results may vary with each report and over time. Results of this simulation are neitherguarantees nor projections of future results. Information is for illustrative purposes only. Do not rely on this report topredict actual performance of any investment or investment strategy.

New Scenario (10/19/2011 3:59:19 PM)

The original capital estimate indicated a possibility of having $0 in assets remaining at last life expectancy. MonteCarlo simulation, using 10,000 trials of the same assets, income and expenses, resulted in a 0% probability of having

funds remaining at last life expectancy, and an average amount of $0 remaining.



C10Monte Carlo DetailsNew Scenario (10/19/2011 3:59:19 PM)

Original Result -vs.- Monte Carlo:

Variable Rates:

Values above the Monte Carlo graph indicate the best, worst and average results at the end of 10,000 MonteCarlo simulations. These show the range of results (high and low), and the average of all Monte Carloresults. All values are based on results at the life expectancy of the last to die or the ages shown.

Monte Carlo Simulation Minimum, Average and Maximum Dollar Results

Fixed or Static rates:Use of a fixed or static rate (where the initial rate used remains static throughout the analysis) can be helpfulfor visualizing potential future values to see how long your money might last, but may not reflect whathappens in the real world of finance.

Financial analysis can help you evaluate your status in relationship to your financial goals and objectives. Inpreparing your financial analysis various assumptions were used, including income available, annualexpenses, amount of money currently invested and rates of return on retirement assets. The analysis ofpotential funds available for use in retirement included an assumed "fixed" or "static" rate of return on eachasset type - taxable, tax-free, tax-deferred, equity and retirement accounts.

Standard Deviation:

The Monte Carlo illustration applies a concept of variable rates of return on assets over time, in an attempt toillustrate what might happen in a situation where the returns on assets may be positive in some years andnegative in other years. Since there is no way to predict either the positive or negative years or the amount ofgain or loss that the assets might be exposed to, a Monte Carlo Simulation is used. This involves preparationof 10,000 separate projections of your financial future, where a rate of return is randomly selected every yearin each of the 10,000 simulations.

Minimum

IMPORTANT: The projections or other information generated in the reports regarding the likelihood of variousinvestment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of

future results. Each Monte Carlo Simulation is unique; results vary with each use over time.

Maximum

Average

This result represents the highest accumulation of the 10,000 simulations.

The bold blue line in the Monte Carlo graph represents the amount of funds available using the fixed or staticrates of return. This outcome is unlikely to be realized, because in reality the rates of return will vary eachyear. The Monte Carlo illustration shows additional lines representing the range of results using variablerates of return each year for each of the 10,000 Monte Carlo simulations. The Monte Carlo "tornado" chartmakes it clear that there is a great range of potential outcomes that could be realized in the future.

The term "standard deviation" refers to the extent of variability, or deviation, above or below the normalaverage that was used in the original illustration. This illustration uses a blended standard deviation ratebased on the assumption that our portfolio will consist of various asset components. Assets like CD's, bondsand savings will be conservative and have a low variation in rate. Other assets like stocks, mutual funds, realestate, etc. will likely show a greater degree of variability in rate of return. It is also assumed that the mix ofassets will change as your goals and time horizon changes.

This is the average of all positive Monte Carlo simulations. The average may or may notbe similar to the Original Retirement Capital Estimate.

This represents the lowest return of 10,000 simulations. In most cases at least some ofthese results will be zero (0), indicating that funds ran out prior to life expectancy.



28% +

14 - 25.5%

8 - 12%

4 - 7%

16%+

11 - 15%

8 - 10%

4 - 7%

1 - 3%

Standard Deviation

Standard DeviationsSince the typical portfolio (as described above) will generally include many different asset classes and willchange over time, we have not attempted to identify any particular historical asset class on which to base thestandard deviation. Unless a specific standard deviation rate has been chosen by you, the following table isused to represent a portfolio of mixed assets. The weighted average rate of the portfolio is used to choose astandard deviation rate.

Because a typical portfolio may consist of a mixture of fixed assets with a low standard deviation as well assome equity assets with higher standard deviations, and the portfolio mix is expected to change over theyears, the Monte Carlo report uses a blended, and conservative standard deviation rate. If the weightedaverage rate on your entire portfolio is low, then the standard deviation rate used will be low. If the portfoliorate is higher, then the standard deviation rate will be higher. In order to present a more conservative look atthe Monte Carlo result, the actual rate selected may be lower than a rate on any single asset class. The rate isnot intended to represent any one asset type, is hypothetical and used for illustration purposes only.

Portfolio Return Volatility:In broad terms, assets with low rates of return usually demonstrate lower volatility than assets and portfolioswith potentially high rates. Assets with low rates and volatility would include CD's, bonds, savings, moneymarket accounts and other fixed rate of return assets. Those with higher volatility include stocks, mutualfunds and other investment assets. While future financial returns cannot be predicted, it is possible to modelpotential results by applying a standard deviation to the average rate of return, based on the past or expectedlevel of volatility, and using a Monte Carlo simulation model.

C11Standard Deviation

Standard deviation is a measure of the extent to which the rate of return on a financial asset varies from theaverage return in a given period of time. It is a measure of the volatility or risk of the asset.

Standard Deviation:

In this presentation no single asset class or investment portfolio is assumed to be used. Instead the entireportfolio of savings, bonds, investments, retirement accounts, real estate and other assets used for retirementaccumulation are treated as a group, and the current weighted average rate of return is calculated on theportfolio. Then a hypothetical standard deviation rate is applied based on the average rate, with a low standarddeviation rate used if the portfolio rate is low and a higher standard deviation rate used for higher portfoliorates. This method may result in a standard deviation rate lower than reported on some specific asset classes,but will provide a reasonable illustration of a mixed portfolio as described above.

New Scenario (10/19/2011 3:59:19 PM)

3%

Range

Weighted Average

Portfolio Rate



Withdrawal Rates C12

Ages inRetirement

AccountBalance

Personal &CompanyAdditions

AnnualReturn

Total FundsAvailable

PersonalWithdrawals

and RMDsSurplus or(Shortage)

TotalWithdrawal

Amount

NetWithdrawal

Rate

New Scenario (10/19/2011 3:59:19 PM)

62 $671,035 $37,944 $708,979 $14,7865863 721,689 41,017 762,706 18,8675964 779,324 44,429 823,753 23,2426065 844,540 48,205 892,745 27,9256166 917,994 48,365 966,360 (152,936) (152,936) 15.83%6267 811,059 44,121 855,179 (157,596) (157,596) 18.43%6368 696,168 38,794 734,962 (162,406) (162,406) 22.10%6469 571,012 30,044 601,056 (167,370) (167,370) 27.85%6570 404,150 18,981 423,131 (172,493) (172,493) 40.77%6671 220,198 6,801 226,999 (8,309) (170,718) (179,027) 78.87%6772 17,845 17,845 (697) (17,845) (17,845) 100.00%6873 69

C8aC8a C8a C8a C8aH1 ...H8



Withdrawal Rates Analysis C12a

It is important to ensure that income is available when you need it. If some of the income requirements are to bemet from the capital you have accumulated, then monitoring the rate at which you are spending capital is critical.

The bar graph, indicated on the left scale, measures your capital values available at each year. The line, using theright scale, represents the dollar amounts withdrawn from your assets to meet spending requirements.

The following graph measures your spending as a percent of capital each year. It uses a "moving average"method to smooth the lines into an average withdrawal rate over one, three, five and ten year periods.

Withdrawal Rate Averages

Annual range (rate for each year)Three year average rangeFive year average rangeTen year average range

High Low* Average

100.00%

73.21%

53.92%

30.38%

0.00%

0.00%

20.38%

3.17%

*Year's when there is a positive cash flow and no withdrawals are required results in a 0% withdrawal rate.

New Scenario (10/19/2011 3:59:19 PM)



Documents

Trumpette Investment Retirement Tax Report Easy Money