will duffy will duffy is a chartered financial consultant ... · prestige max ii participating...

Will Duffy

Will Duffy is a Chartered Financial Consultant in

Denver, Colorado. He has published several books on

financial management. He attended The Ohio State

University and graduated from American College of

Financial Services.

Danny Wexler

Danny Wexler, JD* teams with Jon Billinger, CLU, to form Billinger Wexler

Financial. Our mission is helping our clients accumulate wealth while

providing distribution solutions for retirement. *Licensed not practicing.

Danny Wexler is a Registered Representative offering securities and advisory

services through Lincoln Financial Securities Corporation, Member SIPC.

Securities offered to residents of CA, NC & OR. Advisory services offered to

residents in CA. Branch Office 333 Bayside Drive, Newport Beach, CA

92660. Lincoln Financial Securities and Billinger Wexler Financial are not

affiliated. LFS and its representatives do not offer tax advice

INCREASING NET CASH FLOW AFTER THE SALE OF ABUSINESS

Will Duffy, ChFC will@acceleratedwealth .com

Danniel J. Wexler, [email protected]

A s c e n tAc c u mu l a t io n



Retirement



Retirement

D e s c e n tD i s t r i b u t i o n



Retirement


Stocks



Retirement



Stocks Bonds


Retirement



Stocks Bonds

Annuities


Retirement



Stocks Bonds

AnnuitiesReal Estate


Retirement



Stocks Bonds

AnnuitiesReal Estate 401(k)/ IRAs

Ordinary Income

Tax

CapitalGainsTax

Tax Free Tax Exempt

Ordinary Income

Tax

$80,000

Ordinary Income

Tax

$80,000

Ordinary Income

Tax

<$32,000>

$48,000

85% of Social Security

CapitalGainsTax

$80,000

CapitalGainsTax

$80,000

CapitalGainsTax

<$8,000>

$80,000

CapitalGainsTax

<$8,000>

$72,000

50% of SocialSecurity

$80,000

CapitalGainsTax

<$8,000>

$72,000

60 m o r e s p e n d a b l e i n c o m e


Tax Free

$80,000

Tax Free

$80,000

Tax Free

<$0>

$80,000


$80,000

Tax Free

<$0>

$80,000

<$0>

$80,000

Tax Free

Provisional Income High Medicare B Cost Low Yield


Tax Exempt

$80,000

Tax Exempt

$80,000

Tax Exempt

<$0>

$80,000

Tax Exempt

<$0>

$80,000


$80,000

Tax Exempt

<$0>

$80,000

Low Medicare B Cost100 Social Security BanksPolit icians Fortune 500


$80,000 $80,000$80,000$80,000

Ordinary Income

Tax

<$32,000>

$48,000


CapitalGainsTax

<$8,000>

$72,000


<$0>

$80,000


Tax Free

Tax Exempt

<$0>

$80,000


DISTRIBUTION-RETURN OF YOUR MONEY

Annuities Real Estate

OFLI

$1 million

Stocks IRA

401k

$1 million $1 million $1 million


$1 million

Stocks IRA

401k


$1 million

Stocks IRA

401k

3% safe withdrawal rate


$1 million

Stocks IRA

401k


$30,00030% tax rate


$1 million

Stocks IRA

401k


$30,00030% tax rate

$21,000


$1 million

Stocks IRA

401k


$30,00030% tax rate

85 Years old

$21,000


$1 million

Stocks IRA

401k


$30,00030% tax rate

85 Years old 92 Years old

$21,000


$1 million

Annuities


$1 million

Annuities

5% distribution rate


$1 million

Annuities


$50,00030% tax rate


$1 million

Annuities


$50,00030% tax rate

$35,000


$1 million

Annuities


$50,00030% tax rate

85 Years old

$35,000


$1 million

Annuities


$50,00030% tax rate

85 Years old 92 Years old

$35,000


$1 million

Real Estate


$1 million

Real Estate

5% net gross income rate


$1 million

Real Estate


$50,00030% tax rate


$1 million

Real Estate


$50,00030% tax rate

$35,000


$1 million


$50,00030% tax rate

Real Estate

85 Years old

1M+

$35,000


$1 million


$50,00030% tax rate

92 Years oldReal

Estate

85 Years old

1M+ 1M+

$35,000


$1 million

OFLI



$70,0000% tax rate

$1 million

OFLI



$70,0000% tax rate

$70,000

$1 million

OFLI


$1 million


$70,0000% tax rate

OFLI85 Years old

1M

$70,000


$1 million


$70,0000% tax rate

92 Years oldOFLI

85 Years old

1M 1M

$70,000


$1 million$1 million$1 million$1 million

Stocks IRA

401k


$30,00030% tax rate

Annuities


$50,00030% tax rate

Real Estate

OFLI


$70,0000% tax rate

$70,000$21,000 $35,000$35,000


$50,00030% tax rate

Stocks 401K IRA

Stocks 401K IRA

$100,000 Net

Stocks 401K IRA

$133,000 Gross$100,000 Net

Stocks 401K IRA


$133,000 Gross$100,000 Net

$4.4 Million

Stocks 401K IRA


$133,000 Gross$100,000 Net

Real Estate

Real Estate

$100,000 Net

Real Estate

$133,000 Gross$100,000 Net

5% net gross income

Real Estate

$133,000 Gross$100,000 Net

5% net gross income

$2.7 Million

Real Estate

$133,000 Gross$100,000 Net

OFLI

$100,000 Net

OFLI

$100,000 Gross$100,000 Net

OFLI


$100,000 Gross$100,000 Net


$1.4 Million

OFLI

$100,000 Gross$100,000 Net

$4.4 Million

Stocks 401K IRA


$133,000 Gross

5% net gross income

$2.7 Million

Real Estate

$133,000 Gross

OFLI

$1.4 Million


$100,000 Gross$100,000 Net $100,000 Net$100,000 Net

THE BIG PICTURE

Tax Exempt BucketReal Estate

Stocks Bonds

Backfill

Year 1 $1 million Year 1 $100,000

THE BIG PICTURE

Year 2 $100,000


Stocks Bonds

Year 2 $900,000

Backfill


THE BIG PICTURE

Year 2 $100,000

Year 3-9


Stocks Bonds

Year 2 $900,000

Year 3-9 Backfill


Assets growing at 8% compounded

THE BIG PICTURE

Year 2 $100,000

Year 3-10

Year 10$800,000 +

Tax Exempt Bucket

Year 2 $900,000

Assets growing at 8% compounded

Year 3-10

Real Estate Stocks Bonds

Year 10$1.85 million

Backfill



Will Duffy, ChFC will@acceleratedwealth .com

Danniel J. Wexler, [email protected]

The Ohio National Life Insurance CompanyOne Financial WayCincinnati, Ohio 45242

Prepared by Ohio National's AuthorizedRepresentativeWill Duffy, ChFC10463 Park Meadows DriveSuite 211720-600-7070

Institute SCMale, Age 55, Super PreferredTotal Initial Death Benefit: $1,708,013Dividend Option: Purchase Paid-up AdditionsFirst Annual Policy Premium: $100,000.00

TABULAR DETAIL

The illustration assumes premiums are paid at the beginning of each year. Values and benefitsare shown as of the end of the policy year.Non-guaranteed results may be more or less favorable than illustrated.

Prestige Max IIParticipatingWhole Life

GUARANTEED NON-GUARANTEED

MAXIMUM MAXIMUMPOLICY PREMIUM CASH DEATH PAID-UP POLICY DIV PREMIUM CASH DEATH PAID-UP

AGE YR PREMIUM OUTLAY VALUE BENEFIT INSURANCE PREMIUM DIVIDEND OPT OUTLAY VALUE BENEFIT INSURANCE

56 1 100,000 100,000 0 1,708,013 0 100,000 6,866 P U A 100,000 6,866 1,724,576 16,56457 2 100,000 100,000 73,650 1,708,013 172,288 100,000 9,701 P U A 100,000 90,431 1,747,270 211,54658 3 100,000 0 44,204 1,586,062 100,321 100,000 10,178 P U A 0 89,029 1,665,766 202,04959 4 100,000 7,006 0 1,445,884 0 100,000 10,422 P U A 0* 86,844 1,579,303 191,26660 5 100,000 65,530 0 1,346,307 0 100,000 10,688 P U A 0* 83,824 1,487,700 179,211

61 6 100,000 80,401 0 1,243,006 0 100,000 10,977 P U A 0* 79,886 1,390,771 165,86062 7 100,000 95,815 0 1,135,829 0 100,000 11,291 P U A 0* 74,967 1,288,317 151,22863 8 100,000 12,742 P U A 0 70,098 1,182,312 137,48264 9 100,000 17,095 P U A 0 68,287 1,077,910 130,30465 10 100,000 26,945 P U A 941,441 1,060,132 1,969,407 1,969,407

66 11 0 16,069 P U A -60,000 1,041,883 1,935,986 1,885,38667 12 0 17,269 P U A -60,000 1,022,827 1,901,338 1,803,89668 13 0 18,442 P U A -60,000 1,002,952 1,865,233 1,724,62069 14 0 19,680 P U A -60,000 982,240 1,827,598 1,647,41970 15 0 20,988 P U A -60,000 960,754 1,788,358 1,572,198

71 16 0 22,374 P U A -60,000 938,311 1,747,443 1,498,78072 17 0 23,893 P U A -60,000 914,857 1,704,867 1,427,07973 18 0 25,527 P U A -60,000 889,963 1,660,611 1,356,75574 19 0 27,293 P U A -60,000 863,724 1,614,665 1,287,73875 20 0 29,226 P U A -60,000 836,227 1,567,056 1,220,004

76 21 0 31,331 P U A -60,000 807,492 1,517,803 1,153,49577 22 0 33,562 P U A -60,000 777,536 1,466,845 1,088,11778 23 0 35,843 P U A -60,000 746,052 1,414,012 1,023,49079 24 0 38,301 P U A -60,000 712,792 1,359,303 959,33180 25 0 40,840 P U A -60,000 677,439 1,302,589 895,231

81 26 0 43,446 P U A -60,000 639,792 1,243,716 830,86782 27 0 46,125 P U A -60,000 599,484 1,182,536 765,77283 28 0 48,875 P U A -60,000 556,604 1,118,890 699,89384 29 0 51,682 P U A -60,000 510,983 1,052,593 632,96185 30 0 54,599 P U A -60,000 462,437 983,521 564,713

86 31 0 57,645 P U A -60,000 410,588 911,573 494,69787 32 0 60,824 P U A -60,000 355,176 836,644 422,56788 33 0 64,244 P U A -60,000 296,028 758,752 348,07689 34 0 67,924 P U A -60,000 233,093 677,926 271,09390 35 0 69,570 P U A -60,000 164,107 591,535 188,927

91 36 0 71,882 P U A 0 152,042 562,586 173,38392 37 0 73,962 P U A 0 137,548 530,614 155,41493 38 0 75,590 P U A 0 120,477 494,891 134,89294 39 0 76,733 P U A 0 100,815 454,646 111,84295 40 0 77,198 P U A 0 78,750 408,872 86,526

Page 6 of 7Program Version Date 02/01/2018

This illustration is not a life insurance policy or contract.© 2018 Ohio National Financial Services, Inc. 06/18/2018 10:11 AM

* Non-guaranteed values are used to pay a portion or all of the policy premium in the year indicated. The policy is not paid-up at this point. Ifnon-guaranteed elements change, you may have to pay more premiums than illustrated, resume premium payments, or continue premium paymentslonger than shown.

The Ohio National Life Insurance CompanyOne Financial WayCincinnati, Ohio 45242

Prepared by Ohio National's AuthorizedRepresentativeWill Duffy, ChFC10463 Park Meadows DriveSuite 211720-600-7070

Institute SCMale, Age 50, Super PreferredTotal Initial Death Benefit: $1,220,640Dividend Option: Purchase Paid-up AdditionsFirst Annual Policy Premium: $60,000.04

TABULAR DETAIL

The illustration assumes premiums are paid at the beginning of each year. Values and benefitsare shown as of the end of the policy year.Non-guaranteed results may be more or less favorable than illustrated.

Prestige Max IIParticipatingWhole Life

GUARANTEED NON-GUARANTEED

MAXIMUM MAXIMUMPOLICY PREMIUM CASH DEATH PAID-UP POLICY DIV PREMIUM CASH DEATH PAID-UP

AGE YR PREMIUM OUTLAY VALUE BENEFIT INSURANCE PREMIUM DIVIDEND OPT OUTLAY VALUE BENEFIT INSURANCE

51 1 60,000 60,000 0 1,220,640 0 60,000 13,781 P U A 60,000 13,781 1,259,670 39,03152 2 60,000 60,000 24,852 1,220,640 68,115 60,000 14,389 P U A 60,000 53,482 1,299,108 146,58353 3 60,000 60,000 63,180 1,220,640 167,628 60,000 15,353 P U A 60,000 108,109 1,339,842 286,83054 4 60,000 0 29,571 1,147,469 75,970 60,000 15,680 P U A 0 102,058 1,317,364 262,19855 5 60,000 15,522 0 1,077,166 0 60,000 16,047 P U A 0* 95,190 1,291,651 236,910

56 6 60,000 44,007 0 1,026,168 0 60,000 16,663 P U A 0* 96,721 1,263,175 233,32157 7 60,000 51,815 0 973,497 0 60,000 17,572 P U A 0* 98,232 1,232,449 229,79358 8 60,000 59,855 0 919,069 0 60,000 18,846 P U A 0* 100,059 1,200,081 227,08259 9 60,000 20,567 P U A 0* 102,837 1,166,781 226,49060 10 60,000 22,788 P U A 0* 107,038 1,133,285 228,842

61 11 60,000 25,647 P U A 0* 97,549 1,100,535 202,53062 12 60,000 29,169 P U A 0* 89,916 1,069,422 181,38563 13 60,000 33,446 P U A 0* 84,755 1,040,923 166,23064 14 60,000 38,549 P U A 0* 82,881 1,016,054 158,15265 15 60,000 44,538 P U A 933,342 1,061,600 1,972,134 1,972,134

66 16 0 18,021 P U A -60,000 1,045,342 1,942,245 1,891,64667 17 0 19,305 P U A -60,000 1,028,411 1,911,188 1,813,74568 18 0 20,574 P U A -60,000 1,010,812 1,878,748 1,738,13569 19 0 21,914 P U A -60,000 992,532 1,844,860 1,664,68170 20 0 23,328 P U A -60,000 973,643 1,809,449 1,593,290

71 21 0 24,831 P U A -60,000 953,972 1,772,459 1,523,79672 22 0 26,462 P U A -60,000 933,464 1,733,892 1,456,10373 23 0 28,226 P U A -60,000 911,700 1,693,750 1,389,89374 24 0 30,123 P U A -60,000 888,781 1,652,023 1,325,09575 25 0 32,196 P U A -60,000 864,803 1,608,746 1,261,694

76 26 0 34,444 P U A -60,000 839,790 1,563,940 1,199,63277 27 0 36,831 P U A -60,000 813,773 1,517,557 1,138,82978 28 0 39,293 P U A -60,000 786,467 1,469,456 1,078,93479 29 0 41,920 P U A -60,000 757,606 1,419,618 1,019,64680 30 0 44,632 P U A -60,000 726,872 1,367,915 960,557

81 31 0 47,435 P U A -60,000 694,084 1,314,222 901,37382 32 0 50,320 P U A -60,000 658,875 1,258,400 841,63783 33 0 53,269 P U A -60,000 621,331 1,200,279 781,28384 34 0 56,288 P U A -60,000 581,294 1,139,689 720,05785 35 0 59,417 P U A -60,000 538,577 1,076,500 657,692

86 36 0 62,696 P U A -60,000 492,810 1,010,637 593,76287 37 0 66,113 P U A -60,000 443,731 942,001 527,92588 38 0 69,787 P U A -60,000 391,175 870,628 459,95289 39 0 73,738 P U A -60,000 335,101 796,563 389,73090 40 0 75,576 P U A -60,000 273,165 717,086 314,478

91 41 0 78,107 P U A 0 268,365 695,235 306,03192 42 0 80,389 P U A 0 261,374 670,524 295,32493 43 0 82,209 P U A 0 252,055 642,212 282,21294 44 0 83,514 P U A 0 240,392 609,489 266,68595 45 0 84,124 P U A 0 226,604 571,324 248,978

Page 6 of 8Program Version Date 02/01/2018

This illustration is not a life insurance policy or contract.© 2018 Ohio National Financial Services, Inc. 06/18/2018 10:15 AM

* Non-guaranteed values are used to pay a portion or all of the policy premium in the year indicated. The policy is not paid-up at this point. Ifnon-guaranteed elements change, you may have to pay more premiums than illustrated, resume premium payments, or continue premium paymentslonger than shown.

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