What is the PRS Plan?
Business Owners and Professionals continually seek ways to utlitize their businesses to provide tax-free benefits for themselves and to create an exit-strategy to capitalize on the intrinsic value of their business.
The PRS Plan can provide generous tax-free retirement income, substantial life insurance protection and potential asset protection.
Click here to watch a Flash Demo.
Who is an ideal client for the PRS Plan?
Business Owners and Professionals between the ages of 35 and 60 who earn more than $300,000 consistently and want to retire in 10+ years are ideal candidates for the PRS Plan.
What is the Retirement Plan Roadmap?
Ever wonder how much capital you need to accumulate by retirement to live the way you want to live for the rest of your life, adjusted for inflation? By working with our team, we will project the future value of your retirement oriented assets and contrast them to your retirement income goal. If there is a capital deficiency at retirement, we will show you how to accumulate cash equivalent assets, earning interest based upon the return of the S&P 500, but whose principal will not decrease when the market moves downward. This asset enjoys both tax-deferred compounding interest, tax-free income and even tax-free death benefits in what is arguably the most tax toxic environment in decades.
(link to Joel's recorded roadmap)
Want to learn more about the
PRS Plan?
**
|
 |
What is the PRS Plan?
Business Owners and Professionals continually seek ways to utlitize their businesses to provide tax-free benefits for themselves and to create an exit-strategy to capitalize on the intrinsic value of their business.
The PRS Plan can provide generous tax-free retirement income, substantial life insurance protection and potential asset protection.
Click here to watch a Flash Demo.
PRS is pleased to announce that the North Carolina Medical Society (NCMS) ( www.ncmedsoc.org) has endorsed the PRS Plan and will co-market the PRS Plan to its physician members.
The plan will be marketed in North Carolina as the North Carolina Physicians' Retirement Strategy.
Do tax-qualified pension/profitsharing and 401K plans really make sense?
In order for a 45 year old to retire on $150,000 per year, of tax-free income, adjusted for 3% inflation, he would need $279,000 at age 66, increasing to $422,000 at age 80. Since all distributions from tax-qualified plans are taxable, he would need to accumulate $5.6 million in his tax-qualified plan by age 65. He would need $9.7 million in taxable distributions, pay almost $2.5 million in taxes, in order to net $150,000 a year, adjusted for 3% inflation commencing at age 66 through age 85. Is this really the most tax efficient approach to having a secure retirement?
|