Milestones squeeze every drop retirement planning presentation at fsc seminar 16sept2010

Milestones & Lifestyle Planning - www.milestoneslifestyle.com

Squeeze Every Drop ©

Retirement Financial & Lifestyle Planning

- Co-ordination of Benefits (COB) -

MILESTONES & LIFESTYLE PLANNING SERVICES

www.milestoneslifestyle.com

http://www.milestoneslifestyle.com/


Presenter

Me: 1961Me: 2010


“Cessation of work is not accompanied by

cessation of expenses.”- Cato


Objective

•To know your sources of income as a result of

retirement


Workout

• Q&A


Learning Point

You will know where to find your income and how to coordinate your benefits (COB) for a financially secure retirement lifestyle



Let’s start to


Q1

• What’s your definition of retirement?

Retirement is that date when you are unable to be gainfully employed and YOU &/or YOUR heirs need a lifetime guaranteed income as a result of the following life events:

- Disability, - Old age and - Death


Q2

• What are the life events which trigger a retirement benefit?There are 3 life events which trigger a retirement benefit:

1. Disability, 2. Old age and 3. Death


Q3

• Name 8 sources of Retirement Income

1. State benefits: NIS and NHT

2. Approved Retirement Savings: - Superannuation Funds, - Retirement Schemes and - Retirement Benefits Schemes (no longer offered)


Q3 cont’d

3. Spouse’s income, where applicable

4. Personal savings & investments: includes life insurance, real estate, redundancy payments, bank and credit union savings, royalties, CDs, T’Bills, stocks and bonds, etc

5. Inheritance


Q3 cont’d

6. Reverse Mortgage

7. Support from child/ren, if applicable

8. Employment


“Cessation of work is not accompanied by

cessation of expenses.”- Cato


Summary



Summary

• The first 4 steps to a financially secure retirement income and lifestyle are to know:

(1) your 8 sources of income(2) how to care for them, (3) how to COB them and (4) how to Squeeze Every Drop© (make a

claim) as a result of:Disability, Old age and Death




Thank Youfor your

Kind attentionSqueeze Every Drop ©

MILESTONES & LIFESTYLE PLANNING SERVICES

www.milestoneslifestyle.com (876) 897-2335; 886-7318;

383-7452

http://www.milestoneslifestyle.com/

Education

Milestones squeeze every drop retirement planning presentation at fsc seminar 16sept2010