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New York Life - A New Strategy f

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					Retirement Income Planning


Presented by New York Life Annuities
New York Life Annuities are issued by New York Life Insurance and Annuity
Corporation (NYLIAC) (A Delaware Corporation), a wholly owned subsidiary of
New York Life Insurance Company, 51 Madison Avenue, New York, NY 10010.
All guarantees are based on the claims-paying ability of the issuer.

Securities offered through Raymond James Financial Services Inc., Member
FINRA/SIPC

  LIA-RETINCPRESCLIENT-1208   386035-Carter Financial_03_09
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Sources of Retirement Income –
Then vs. Now

  Then…
   Retirees relied on guaranteed income for life from pensions and Social
    Security benefits funded by corporations and government programs
   Income from personal savings was just a small piece of the pie

  Now…
   Social Security is providing a smaller percentage of the income
    needed in Retirement
   Many people do not have a pension
   Responsibility for accumulating retirement savings and generating
    retirement income is shifting from organizations to individuals




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Retirees are Facing Several
Retirement Income Challenges

   Retirees will have to rely less on Social Security and
   pensions to provide retirement income and more on their
   own accumulated savings and investments
   Retirees are faced with new challenges and a bigger risk
   of outliving their assets
    Life Expectancy
    Market Uncertainty
    Withdrawal Rate
    Health Care Costs
    Inflation




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Life Expectancy

       Chances that a 65-year-old will live at least to:
                              98.5%
100%              90.7%
         84.5%                                                       86.4%
                                                         69.1%
75%
                                              56.1%
                                                                                                  46.7%
50%
                                                                                         31.7%
                                                                                 21.9%
25%

 0%
                 Age 75                                  Age 85                          Age 95
                   Male                  Female                     One Member of a Couple
            Source: Annuity 2000 Basic Mortality table; projected with scale G
                                                                                                          4
Market Uncertainty

                                When saving for retirement, later negative returns
                                   have a greater impact on portfolio value
                                                                                                                                               $161,807
                     $150,000
Value of Portfolio




                     $100,000
                                                                                                                                               $130,499
                      $50,000

                          $0
                                0          1            2           3           4           5            6           7             8          9          10
                                                                                     Year

      Year                          1          2         3          4           5          6           7           8           9          10          Average
      Portfolio 1               10%        10%        10%         10%        10%         10%         10%         10%        -20%        10%            6.67%
      Portfolio 2               10%        -20%       10%         10%        10%         10%         10%         10%        10%         10%            6.67%


      This hypothetical example does not reflect the effect of any applicable fees, charges or taxes and is for illustrative purposes only. It is not intended to
      predict not guarantee any actual product results.
                                                                                                                                                                    5
Market Uncertainty

                          When withdrawing retirement income, early negative returns
                                   have a greater impact on portfolio value
                     $100,000
Value of Portfolio




                      $75,000
                                                                                                                         $58,136
                      $50,000

                      $25,000
                                                                                                                         $26,829
                          $0
                                0     1      2          3         4          5        6            7        8        9        10
                                                                      Year

    Year                         1     2      3         4        5         6         7         8        9         10       Average
    Portfolio 1                 10%   10%    10%      10%      10%       10%       10%       10%       -20%     10%         6.67%
    Portfolio 2                 10%   -20%   10%      10%      10%       10%       10%       10%       10%      10%         6.67%

    Assumes $100,000 initial account value and $10,000 withdrawal at beginning of each year for income. This hypothetical
    example does not reflect the effect of any applicable fees, charges or taxes and is for Illustrative purposes only. It is not
    intended to predict nor guarantee any actual product results.
                                                                                                                                     6
 Withdrawal Rates
          $600,000
                                                                                                                                     8%
          $500,000
                                                                                                                                     7%
                                                                                                                                     6%
          $400,000                                                                                                                   5%

          $300,000

          $200,000

          $100,000

                         $0

Source: Ibbotson, 2002. Hypothetical value of $500,000 invested at year-end 1972. Portfolio: 50% large company stocks, 50% intermediate-term bonds. Assumes reinvestment of income and no
transaction costs or taxes. Withdrawal amount adjusted each year for inflation. Stocks—Standard & Poor’s 500®, which is an unmanaged group of securities and is considered to be representative
of the stock market in general; Bonds—5-year U.S. Government Bond; Inflation—Consumer Price Index Each portfolio is rebalanced monthly. Government bonds are guaranteed by the full faith and
credit of the United States government as to the timely payment of principal and interest. Bonds in a portfolio are typically intended to provide income and/or diversification. U.S. government bonds
may be exempt from state taxes and income is taxed as ordinary income in the year received. With government bonds, the investor is a creditor of the government. Stocks are not guaranteed and
have been more volatile than the other asset classes. Stocks provide ownership in corporations that intend to provide growth and/or current income. Capital gains and dividends received may be
taxed in the year received. An investment cannot be made directly in an index. Past performance is no guarantee of future results.This is for illustrative purposes only and is not indicative of any
investment. Past performance is no guarantee of future results.
                                                                                                                                                                                                 7
Health Care Costs



$140,000
                          Medical Care                                               $137,000
$130,000                  Consumer Price Index

$120,000                                                                            $120,000


$110,000


$100,000
                 2000        2001         2002         2003        2004         2005         2006        2007

  Source: U.S. Department of Labor, Bureau of Labor Statistics, December 3, 2008.
  Medical care represents changes in prices of all medical care purchased for consumption by urban households. The
  Consumer Price Index represents changes in prices of all goods and services purchased for consumption by urban
  households.
                                                                                                                     8
 Inflation:
 How it Impacts Purchasing Power


$200,000
                        3% Inflation           4% Inflation                                                   $162,170
$150,000
                                                                                                 $121,363
                                                                             $109,556
                                                                      $90,305
$100,000
                                          $67,196 $74,012
                     $50,000
 $50,000


       $0
                      Today                     10 Years                    20 Years                    30 Years
   The hypothetical example is for illustrative purposes only and assumes 3% and 4% annual rates of inflation and annual
   retirement expenses of $50,000 at the start of retirement. The average annual inflation rate from 1913-2006 was 3.4%.
   Source: History of Consumer Price Index 1913-2006, U.S. Department of Labor Bureau of Labor Statistics, published
   2/21/07.
                                                                                                                           9
The 4-Box Strategy
for Retirement Income




                        10
We Believe…

We believe there is a simple formula for a successful
retirement. We call this formula:

 The 4-Box Strategy for Retirement Income




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The 4-Box Strategy for Retirement
Income

   Step 1
    Pay for basic expenses
    such as food, housing,
    health care and lifestyle
    needs with guaranteed
    sources of income you
    cannot outlive


   Step 2
    Pay for discretionary
    expenses with income
    from assets




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Step 1 – Pay for Basic Expenses with
Guaranteed Lifetime Income

   The New York Life Lifetime Income Annuity can fill the
    income gap using the least amount of assets




                                                             13
Step 2 – Pay for Discretionary
Expenses with Remainder of Portfolio

   Retirement Income Asset Allocation for remaining assets
   includes Guaranteed Lifetime Income as a unique asset class




                                                                 14
Step 2 – Pay for Discretionary
Expenses with Remainder of Portfolio

   Use a combination of Guaranteed Lifetime Income and
   withdrawals from remaining assets to pay for discretionary
   expenses




                                                                15
A Potential Solution for
Guaranteed Lifetime Income –
The New York Life
Lifetime Income Annuity




 The New York Life Lifetime Income Annuity is issued by New York Life Insurance and Annuity Corporation (A Delaware
 Corporation), A wholly owned subsidiary of New York Life Insurance Company, 51 Madison Avenue, New York, NY 10010.
 All guarantees are based on the claims-paying ability of the issuer.

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New York Life
Lifetime Income Annuity

   Provides guaranteed lifetime income for one or two
     people from a single premium payment
   Offers several payout options to maximize current income
     or provide a legacy to loved ones
   Optional inflation protection, flexibility and liquidity**
     features available*
   Issued by New York Life Insurance and Annuity
     Corporation (A Delaware Corporation), a wholly owned
     subsidiary of New York Life Insurance Company
  All guarantees are based on the claims-paying ability of the issuer.
  *Optional features available in jurisdictions where approved. Some optional features may increase initial
  premium or decrease income payments.
  **Any withdrawals may be subject to income tax and, prior to age 59½, a 10% federal tax penalty may apply.
  Withdrawals from annuities affect both the account value and death benefit.

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The 4-Box Strategy for
Retirement Income is Easy

   The 4-Box Strategy uses simplified tools such as easy-to-
   understand worksheets, questionnaires and income
   illustrations
   We take the burden out of managing your retirement
   income
   The New York Life Lifetime Income Annuity has many
   options and features available to customize your
   retirement income to your needs




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The 4-Box Strategy

   It can help you guarantee the most important things in
   your life-for the rest of your life.
   If this is of interest to you - let us know-because you have
   some homework to do!




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Get Started and Learn More Today!



         Schedule an appointment today
               to learn more about
   The 4-Box Strategy for Retirement Income


                   Thank you!


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