Masonry Magazine September 2002 Page. 43

Words: Wayne Currie
Masonry Magazine September 2002 Page. 43

Masonry Magazine September 2002 Page. 43
QUALITY MASONRY TOOLS

KING BRICK HOD

words 100 percent of dollars invested should double by 2004-05 (i.e., a 100 percent return based on market recovery). The actual cost in savings by investors of this 200 percent is 60 percent (the out of pocket amount invested) the rest of the money is tax dollars saved by the deduction itself. So the real return on savings while tax sheltered is 333 percent of cost (if achieved at that level). Now you can see why most people need the services of a professional planner! This can be confusing.

For those of you who are business owners and employers, setting up tax deferred retirement plans is an attractive way to keep employees in a competitive marketplace. Doing it now if you haven't yet would be a timely step toward your own better financial future.

Wayne F. Currie is Chairman and CEO of Incentive Capital Management, Inc. He has been a financial planner and investment advisor since 1970. Send your questions to incentivecap@aol.com, attention Wayne Currie, CEO.

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Toll Free: 1-800-245-3544

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The Voice of the Mason Contractor
September 2002
Masonry 41


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