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Kuna Melba News
Kuna, Idaho
June 21, 2006     Kuna Melba News
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June 21, 2006

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Kuna Melba News June 2!, 2006 - 5 nanci; Build Retirement Savings--but Don't Forget Income Are you between the ages of 55 and 64? If so, you be- long to a peer group that is apparently quite concerned about saving for retirement -- but not at all sure how to convert those sav- ings into a steady income stream. If this describes your situation, you will need to take action to ensure that you have the financial resources avail- able to enjoy the retirement lifestyle you've envisioned. But before we look at how you can help take control of your retirement income scenario, let's look at some interesting statistics. A Pru- dential Financial, Inc. study of "near-retirees" -- those in the55-64 age group -- found the following: 83 percent of those sur- veyed think it is very impor- tant to generate an income that can provide a comfort- able retirement lifestyle -- but only 20 percent say they are well-informed on how to do so. 90 percent of near-retir- ees are either guessing how much income they will have in retirement or have no idea of how much income they will be able to generate dur- ing their retirement years, have available during your Only 15 percent of sur-retirement years, you'll want vey respondents are focused to determine a suitable with- on "generating retirementdrawal rate -- that is, you'll income," while the remaining need to determine how much 85 percent are still concen- you can reasonably afford to trating on build- take out each year. Ofcourse, ing a retirement nest egg, preserv- ing their savings or working toward better returns. Generating Re- tirement Income If the above sta- tistics are indica- tive of the national populace, it seems clear that many near-retir- ees are going to have to start taking action to meet their retirement income needs. Here are a few steps to con- sider: Evaluate your available financial resources. When you retire, you will probably be able to draw income from a variety of sources: Social Security, your 401(k) or oth- er employer-sponsored plan, your Roth or traditional IRA and your other savings and investments. Well before you retire, you will want to esti- mate how much money you will likely have accumulated from these resources. Calculate a withdrawal rate. Once you know about how much money you will How Many People Do You See for 315 E. Avalon Ave. Kuna, ID 83634 (208) 631-4062 LUCY RODRIGUEZ LUEDDEKE Real Estate Professional mh0P pm q Service You Deserve. People You Trust. SM The peak Selling season is upon us. Please call me for a free home valuation and consultation. Proud Sponsor of Kuna Middle School's 8th Grade Getaway! Michael. Foutz, M.D. Board Certified American Academy of FamiLy Physicians ADVANCED FAMILY MEDICINE Now Open in Kuna Family and Obstetric Care 943 Linder, #104 We accept your insurance if you live in Kuna or Melba your age will help determine your choices. You typically must start taking distribu- tions from your 401(k) or other employer-sponsored plan once you reach 70-1/2, and the size of your Social Se- curity checks will depend on when you start taking them. Yet you have a great deal of latitude in deciding when, and how much, to withdraw from your investment portfo- lio. By working with a quali- fied financial professional, you can determine a rate of withdrawal based on your portfolio's expected growth and your individual needs. Consider income-gener- ating strategies. If you are within a few years of retire- ment, you may want to con- sider shifting some -- but certainly not all -- of your growth-oriented investments into income-producing ones. Consequently, you might want to look at fixed-income vehicles, such as bonds, or even an immediate annuity, which can be structured to pay you an income stream you can't outlive. By following these sug- gestions, and by constantly keeping "income" in your thoughts as you create an investment strategy for re- tirement, you can help cre- ate the cash flow you need to fully enjoy your "golden years." For please Gamel, more information contact Allen D. Investment Repre- sentative, Edward Jones In- vestments, members SIPC/ NYSE, at 922-9272 or stop by his office at 498 Main, Kuna. Kuna Days Meetings The following are sched- uled Kuna Days Committee meetings, on Thursday eve- nings at 6 p.m in the Kuna Community Hall: June 22"d June 29th July 6 July 13 July 20 July 27 Volunteers are needed. Keep informed - Read the Kuna Melba News. Subscribe today just $22 per year. Lloyd Stubbs, 870-5035 Del Jackson, 866-0616 Dawneetta Boren, Broker, Debi Campbell, 859-6346 362-5770 Dave Kopet, 890-5320 Michelle Winchester, Office Mgr Gall Jackson, 866-8826 Sara Brosier, 697-4111 922- 81 , Kountry Like We Do" A# $, ~ r~ R~LTC~ Visit us online at Forums Polls News ili~ ~!~ii~iiii!ii~ lor Whole Bea ;o , d Ground ld by the Pound CONNECTION Wi-Fi Hot Spot Free Access for Customers Extensive Low Carb Sugar-Free .e!qqt.i.o.qs A. .aj!a Hq : This Week's Drink Special ! L.eoe .r4.L .e .sp i Hours: M - S: 6 am - 7 pm Sun: 7 am - 2 prn Your Local, Independently Owned Coffee House We Have Patio & Inside Seating & Drive-Thru For Your Convenience 780 E. Avalon, Suite 101 Kuna 922-9700 You only need one. At Edward Jones, you'll get personal service from one investment representative who can help you with all your financial needs, ! Stocks, bonds, mutual funds' CDs, Treasury bills ! Check-writing on money market mutual funds* ! VISA debit card with ATM access for cash I Personal Line of Credit*" I Safekeeping of financial assets I Direct deposit and money transfer services *The rate on the money market fund will fluctuate and may be sub- ject to state and local taxes and, depending on your tax status, the alternative minimum tax. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund. You should consider the invest- ment objective, risks, and charges and expenses carefully before investing. The prospectus contains this and other information. Your Edward Jones investment representative can provide a prospectus, or visit our website at:, which should be read carefully before investing. "Our Line of Credit is a margin account. Borrowing against securi- ties has its risks and is not appropriate for everyone. If the value of your collateral declines, you may be required to deposit cash or additional securities, or the securities in your account may be sold to meet the margin call. Allan D. Gamel 498 West Main Street Kuna, Idaho 83634 208 922-9272 m M~rr~bet S~PC Edward Jones Serving Individual lnve~aors Since, ]871