THE NEW WORLD OF MONEY
Upgrade your Money Technology The World has Changed
THE PROBLEM: WHERE DO I PUT MY MONEY?
DIE TOO SOON, GET SICK, LIVE A LONG HEALTHY LIFE
$300 Retirement Savings $300
Critical Illness
Chronic Illness LTC
Life Insurance
*Benefits vary by Insurance Company, be sure to check with your agent as to specific riders and benefits available in your state.
Budget
PROBLEM #170% of people who were diagnosed
with a heart attack, stroke or cancer
did not die. More than half go
bankrupt in the process.*THE
CR
USA
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FEG’S LIVING BENEFIT CRUSADE
Many will not be able to go to work
*New England Journal of Medicine Volume 362, Page 2155. Harvard Medical School, Harvard Heart Letter, July 2011, Surviving a Heart Attack: A success story. Center for Disease Control and Prevention National Center for Health Statistics, Health, United States, 2010: with special feature on death and dying. American Cancer Society, Cancer Facts & Figures 2011*
If you get sick and can’t go to work, who will pay your bills?
THE
CR
USA
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FEG’S LIVING BENEFIT CRUSADE
Worse Than Death: Critical Illness Money Fears Less than 5% of all workers are covered
*www.cnbc.com/id/100907706/print
THE 4 LIVING BENEFITS
CRITICAL ILLNESS…Millions suffer heart attack, stroke & cancer
CHRONIC ILLNESS…LTC alternative, 90% don’t own LTC
TERMINAL ILLNESS DIAGNOSIS
Critical, chronic, and terminal riders are included in the policy at no additional cost
TAX-FREE RETIREMENT…What if I Live?THE ULTIMATE LIVING BENEFIT
• Benefits vary by Insurance Company, be sure to check with your agent as to specific riders and benefits availability in your state• FEG does not provide tax or legal advice, please consult your advisors
FEG
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SOLUTION: LIFE INSURANCE YOU DON’T HAVE TO DIE TO USE
PROTECT YOUR FAMILY ALL THREE WAYS
No CostCritical, Chronic,Terminal Illness
Riders
Potential Tax Free Income for Life
Traditional Life Insurance Tax Free
Distribution
• Benefits vary by Insurance Company, be sure to check with your agent as to specific riders and benefits availability in your state• FEG does not provide tax or legal advice, please consult your advisors
WE
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LIVING BENEFITS
THE HISTORY OF LIVING BENEFITS• *1Originated in South Africa by Dr. Marius
Barnard, part of the first heart transplant team in the world in 1967.
• Sold in 53 Countries for 20+ yrs. Very popular in countries like Germany, France, England, Canada, Australia and Japan.
• Just a few Life Insurance Companies offer Living Benefits in America
Life Insurance You Don’t Have To Die To Use
*1 "Heart to Heart", CoverTen (Incisive Financial Publishing), 10 October 2007: 29
THE BOTTOM LINE…ARE YOU COVERED? • Benefits vary by Insurance Company, be sure to check with your agent as to specific riders and benefits availability in your state
• FEG does not provide tax or legal advice, please consult your advisors
Our first claim…WILL IT PAY OUT???
FEG: THE LIVING BENEFITS COMPANY
Johnny was 48 years old when he replaced his 20 year Term with a new 20 year Term with Living Benefits. The new policy was LESS
EXPENSIVE than the old one. 5 months into the policy Johnny was diagnosed with Stage 4 Stomach
Cancer. He and his wife could not work… WE MADE A DIFFERENCE!
THE BOTTOM LINE…ARE YOU COVERED? • Benefits vary by Insurance Company, be sure to check with your agent as to specific riders and benefits availability in your state
• FEG does not provide tax or legal advice, please consult your advisors
Our FEG client….another claim
FEG: THE LIVING BENEFITS COMPANY
Bob was 59 years old when he exchanged his Permanent Policy in for a new one with Living Benefits.
Bob worked out daily and developed a sore leg. It didn’t go away.
Bob’s problem was diagnosed as ALS. He received his check in less than one week. He quit his job and
traveled extensively…WE MADE A DIFFERENCE!
Living Benefits
Critical Illness - ALS Valued Carrier
Bob
09/01/14
189,782.64One Hundred Eight-Nine Thousand Seven Hundred Eighty-Two
THE BOTTOM LINE…ARE YOU COVERED? • Benefits vary by Insurance Company, be sure to check with your agent as to specific riders and benefits availability in your state
• FEG does not provide tax or legal advice, please consult your advisors
DOZENS of claims in just a few short years
FEG: THE LIVING BENEFITS COMPANY
Greg bought an inexpensive Term policy. He was a healthy guy who never got sick.
In September 2014 Greg had a physical with extensive blood work… All ok
In November, Greg had his first colonoscopy and detected Stage 3 Cancer…WE MADE A DIFFERENCE!
Living Benefits
Critical Illness - Cancer Valued Carrier
03/01/15
198,643.81One Hundred Ninety-Eight Thousand Six Hundred Forty-Three
Greg
Living Benefit Riders
Pay Medical Expenses or Seek Alternative Treatment
Funds Can be Used for Anything
Bucket List
Payoff Your Home
College Funding
Pay Medical Expenses or Seek Alternative Treatment
Bucket List
LIVING BENEFITS ARE AVAILABLE TWO WAYS
Indexed Universal Life PERMANENT
• Coverage to age 121 • Cash Value Growth• Index Linked Gains• Tax Advantaged
Income
Term Life InsuranceTERMINATES
• Coverage to age 90 (will vary by Company)
• No Cash Value Growth• Lowest Cost/Short Term • Expensive Long Term
Which solution fits your Budget? • Benefits vary by Insurance Company, be sure to check with your agent as to specific riders and benefits availability in your state
• FEG does not provide tax or legal advice, please consult your advisors
PROBLEM #2WHAT IF I LIVE TOO LONG?
• Most of our country's retirement wealth is in banks, precious metals, real estate, or IRA/401k/403b
• A LARGE % of this money could be lost to risk, fees and taxes.
• Market downturns can delay or destroy your retirement plans.
• 82% of married Americans with dependents fear they will outlive their money in Retirement*
FEG
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• FEG does not provide tax or legal advice, please consult your advisors. *2010 study https://www.allianzlife.com/retirement-and-planning-tools/reclaiming-the-future/white-paper-
findings
Who will take care of us when we retire?
Will you be DEPENDENT or INDEPENDENT ?
THE GOVERNMENT…18 TRILLION IN DEBT• Social Security: will it be enough? 77 Million Baby
Boomers = EXPENSIVECOMPANY PENSION…A THING OF THE PAST• These are becoming hard to find
IRA/401k…TAX PRISON/PERSONAL SAVINGS • What will your future tax rate be?
OUR CHILDREN• Can they afford us?
• Benefits vary by Insurance Company, be sure to check with your agent as to specific riders and benefits availability in your state. FEG does not provide tax or legal advice, please consult your advisors
COMPOUND INTEREST – RULE OF 72
Divide 72 by the rate of return to determine the number of years it take’s your money to double
36yrs to double
18yrs to double
12yrs to double
9yrs to double
7.2yrs to double
PERFORMANCE MATTERS…MAKE YOUR MONEY WORK HARD
SOLUTION: INDEX UNIVERSAL LIFE & ANNUITIES
The Greatest Wealth Accumulation and Wealth Preservation Vehicles of our Time
THE NEW WORLD OF MONEY
UP
SID
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SID
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$90,000
$110,000
$130,000
$150,000
$170,000
$190,000
$210,000
$230,000
$250,000
S&P Indexed Annuity Minimum Guaranteed
RED LINE vs BLUE LINE
Index Annuity caps and participation rates vary by product and insurance company, consult with your agent
Rule #1: Never Lose Money
Rule #2: Don’t Forget Rule #1
WA
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’S 2
RU
LES
Indexing…Upside potential with no downside market risk
“Invest like the wealthy where you
participate in market gains, but are
guaranteed to never lose when the market drops”
– Tony Robbins
INDEX UNIVERSAL LIFE
THE POWER OF A ZERO TAX BRACKET AT RETIREMENT
“According to the Congressional Budget Office, if Social Security, Medicare, and Medicaid go unchanged, the rate
for the lowest tax bracket would increase from 10% to 25%, 25% would rise to 63%, and the 34.9% bracket
would go to 88%”
David McKnight, author
THE POWER OF ZERO
• Benefits vary by Insurance Company, be sure to check with your agent as to specific riders and benefits availability in your state
• FEG does not provide tax or legal advice, please consult your advisors
MOST PEOPLE PUT THEIR MONEY IN 4 PLACES
THE MARKET
REAL ESTATE
PRECIOUS METALS
Fixed Rate S&P Index The Power of OptionsDeath BenefitLiving BenefitsTax Free Transfer(Between Crediting Options)
Tax Free LoansGuarantees
OLD WAY VS NEW WAY
• Benefits vary by Insurance Company, be sure to check with your agent as to specific riders and benefits availability in your state
• FEG does not provide tax or legal advice, please consult your advisors
Insurance Company
“S&P” is a trademark of The McGraw-Hill Companies, Inc. and has been licensed for use by the various insurance companies. Standard & Poor’s does not sponsor, endorse, promote, or make any representation regarding the advisability of purchasing the contract.
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THE SOLUTION: NEW HIGH TECH IUL LIFE INSURANCE YOU DON’T HAVE TO DIE TO USE
HOW MUCH DO YOU WANT TO PUT AWAY TO SECURE YOUR FUTURE?
No CostCritical, Chronic,Terminal Illness
Riders
Potential Tax Free Income for Life
Traditional Life Insurance Tax Free
Distribution
• Benefits vary by Insurance Company, be sure to check with your agent as to specific riders and benefits availability in your state• FEG does not provide tax or legal advice, please consult your advisors
DEBT Total Consumer Debt
FINAL EXP Funeral Expense
EDUCATION Recommend 100K per child
MORTGAGE Total Balance or monthly rent
INCOME REPLACEMENT for ____ years
TOTAL LIFE INSURANCE NEED
A Simple Needs Analysis
Retirement Funding SourcesNew Money Monthly
Current Life Insurance Premium
Current IRA/401K Contribution
Tax Refund
Total Retirement Budget
Current IRA/401k Balance
• Benefits vary by Insurance Company, be sure to check with your agent as to specific riders and benefits availability in your state• FEG does not provide tax or legal advice, please consult your advisors
Withdrawals may be subject to surrender penalties imposed by the company. Amounts withdrawn may also be subject to tax liability or tax penalties. Partial surrenders and loans may affect policy values and death benefits.
This material has been prepared for informational and educational purposes only. It is not intended to provide, and should not be relied upon for, accounting, legal, tax or investment advice.
Life insurance products are products of the insurance industry and are not guaranteed by any bank, federal agency, nor insured by the FDIC.
DISCLOSURES
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