financial opening

1. Financial
Balance
6 Key Points

2. PINPOINT
LASER IN ON YOUR TARGET

3. PINPOINT- Laser In On Your Target
• Start at the beginning – What do you really
want?
• Pay bills and have a little extra John
• Get out of debt
• Go on vacation, travel the world
• Be comfortable and not have to look at price
tags when I shop.
• Stuff—boat, car, jewelry, house
• Retirement

4. AHHHHH Retirement
That glorious day

5. Retirement Reality
• That was your parents retirement
• You will not retire like that
• You are too active, want to give back, be
remembered, make a contribution
• You are going to go on to something bigger
• BUT, you need to have money so that you can
make choices— have good options!

6. If Time and Money Were Not a
factor, what would you do?
• Get that question a lot, intended to get you
thinking. Is it really a fair question?
• Reality is, we do have to live within means
• Reality is, you may have enough to do what
you want
• Reality is, your future (retirement) may not
cost what you think

7. What Would Be on Your Bucket List?
FINANCIAL Wish List
1._____________________________________
2._____________________________________
3._____________________________________
4._____________________________________
5._____________________________________

8. The Results We See
• Time
• Freedom, security, home paid off
• Discover myself
• Time with family
• Grandkids activities
• Outdoors—gardening, golf, fishing, hunting
• Travel, boat, antique car, EXPERIENCES
• Everyday activities with peace of mind

9. A Few Items on My Bucket List
• Very similar to yours, AND

10. POINT ME IN THE
RIGHT DIRECTION
TARGET IDENTIFIED, AMOUNT
NEEDED

11. How Much $$$ Do YOU Need?
• Lots of thoughts and speculation
• Media tells us $1,000,000
• Could be far more, or far less
• Need to determine what it is for you.

12. Income Analyzers
• Retirement income calculators
• Input your numbers
• Get your results
• Find online, brokerage houses, current
advisor, call or email, we can point you in
right direction
• We Use proprietary Income Analyzer

13. Sample Income Analyzer

18. POINT A
YOUR STARTING POINT

19. Your Starting Point
• Where are your
Savings, Investments, Pension, Retirement
accts, etc?
• Input numbers with reasonable return, or
better yet use your actual if you have
• Do you get a redline? Run out of money?
Retire the way you want?
• Redline comes up—no fear, make changes

20. Out of Money Too Soon Solutions
• Where do you spend Money now?
• Use a budget form, or small notebook to
track
• Track expenses with

21. You Have The Power To Change
• Don’t like where money is going?
• Start small, use debt consolidation form, take
control, seek help.
• Once you know real numbers you can choose
how to proceed.

22. Payoff Credit or Save?

23. POINT B
WORKING THROUGH CRITICAL POINTS
SO YOU DON’T GO BACKWARDS

24. Working Through Critical Points
• Stay Positive—you didn’t get here overnight
and consistent change takes time
• Mindset—do I want or do I need?
• Retire later, part time job, consult,
• Taxes will be a huge factor in the future
• Inflation on the rise
• Warren Buffet—”Rule #1 Never lose money
Rule #2 never forget Rule #1”

25. SCORING POINTS
INVESTMENTS FOR YOU TO WIN

26. Choosing Investment so YOU Win
• We could spend hours on this section alone
• Understand your time horizon
• Know your risk tolerance
• What were your objectives? You had them
written down previously.
• A few options to choose—Annuity, Mutual
Fund, Managed Money, Stocks, Bonds

27. Annuity
• Guaranteed and safe
• Lots of options for withdrawal
• Existing pension plans are annuities
• Very popular investment now is Index Annuity
• Have written a few books on annuities and
investing, please ask if more interest.
• Shortcomings– longer term investment, caps
and limits

28. Mutual Funds
• At least 25,000 of them out there
• Simple and easy way to enter market
• Wide investment selection
• Broadens risk
• Shortcomings—fees, trading
expenses, market timing, turnover expense
ratio

29. Managed Money
• Using institutional money managers
• Actively traded
• You pick asset class and style, they do the
rest
• Lots of choices—strategic, tactical
• Lower fees if using exchange traded funds
• Shortcomings– fee could be higher

30. Stocks and Bonds
• Could purchase individual stocks and bonds
• Stocks you own a share of the company.
• Bonds mean debt—you are lending money to
a company or entity
• Market moves very quick, lots of pro’s and
con’s to owning individual stocks and bonds
• Would suggest you have a knowledge of the
market if choosing these vehicles

31. STARTING POINT
SETTING YOUR PLAN FOR
SUCCESS

32. Keys to Your Success Financially
• Get answers
• Be true to your course
• Be honest about who you are and what you
want/need
• Seek help and guidance
• Life is not dress rehearsal
• Create a group
• Remember why you are doing this….”So that”

33. Next steps
• Accountability
• Community
• Share with your friends
• Start a group
• Spread the news
www.personalbalanceblueprint.com