Retirement checklist for bayarea

• check presentations at http://www.slideshare.net/clubalthea


• compiled by connie dello buono 4088541883 motherhealth@gmail.com

Sample recommendations for a retirement roadmap based on your goals and needs

• Use life insurance to fund survivorship years


• protect yourself from large, unexpected needs (purchase a long-term care policy)


• consider an annuity as a conservative investment (37% of your investments for long-term savings)


• Review your total asset allocations


• Further analysis of your qualified retirement plans (weed out conflicting info, get a financial planner)


• Rearrange your investments of available assets for retirement


• put recommendations into action

Tax planning, estate plan, retire wisely in bayarea

Tax Planning (paying unnecessary tax)

• Not claiming enough withholding W-4 allowances to get bigger tax refunds


• Not maximizing tax deductions and itemizing them on your tax return


• Not understanding the huge difference between tax-deferred and tax-free growth on savings

Risk Management and Insurance

• Not funding your life insurance properly (using life ins for superior capital accumulation)


• Not redirecting otherwise payable income tax for your life insurance


• Not understanding safe, positive leverage to own and control assets with very little or non of your money at risk

Living Trust and 720 FICO

• Credit and debt management: 720 FICO and paying off debt and mortgage the wrong way


• Estate planning: having too much liability exposure and not using living trusts and life insurance

Retirement planning by choosing the right investments

• Putting money in crawl investments: CDs and MM


• Thinking that IRAs and 401k are the best way to save for retirement


• Postponing qualified plan distributions until age 701/2 and taking min distributions


• Not employing one of the greatest assets " home equity via a reverse mortgage"

motherhealth@gmail.com for more details or contact Connie Dello Buono CA Life lic 0G60621 408-854-1883