Retirement Distribution Challenges: Live on Less, Help Make It Last. BY HOLLY CARROCCIO, CFP ® NEXUS ADVISORS, L.L.C. 972-348-6311 [email protected] Securities, investment advisory and financial planning services offered through qualified registered representatives of
HOLLY CARROCCIO, CFP®
NEXUS ADVISORS, L.L.C.
Securities, investment advisory and financial planning services offered through qualified registered representatives of
MML Investors Services, LLC., Member SIPC.
Supervisory Office: 10000 North Central Expressway, Suite 1200, Dallas, Texas 75231-2363 (972) 348-6300.
Nexus Advisors LLC is not a subsidiary or affiliate of MML Investors Services, LLC, or its affiliated companies.
Source: Annuity 2000 Mortality Table, Society of Actuaries
Source: Morningstar, Inc. 3/1/2011
Source: Debar Study 12/31/2010
Challenge #2: Should I move to bonds or cash?
*Indices are not available for direct investment.
There is no guarantee that a diversified portfolio will outperform a non-diversified portfolio or that diversification among asset classes will reduce risk.
Source: Bureau of Labor Statistics, September 2011
Investing in specific sectors may experience greater short-term price volatility than a more diversified. They are more suitable for use in an aggressive component of an investment program.
Distributions under the policy (including cash dividends and partial/full surrenders) are not subject to taxation up to the amount paid in the policy (cost basis). If the policy is a Modified Endowment Contract, policy loans &/or distributions are taxable to the extent of gain and are subject to a 10% tax penalty. Access to cash values through borrowing or partial surrenders will reduce the policy’s cash value and death benefit, increase the chance the policy terminates before the death of the insured.
The information provided is not written or intended as tax or legal advice and may not be relied on for purposes of avoiding any federal tax penalties. Nexus Advisors, LLC, its employees or representatives are not authorized to give legal or tax advice. Individuals are encouraged to seek advice from their own tax or legal counsel.