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10 Huntly Circle, Palm Beach Gardens, FL 33418 |P:561-776-6209 | F:[email protected] | www.SuddenMoney.com

SMI Three Headed™ One Pager Samples

Updated 5/2015

mailto:[email protected]

Purpose:Self respect and strong view of futureStrong relationship with kids Future relationships, life shared with someone important to me

Method:Approach settlement stating needs with dignity, no apologiesRepeat enough times to know every aspect so I really understand what you wants, needs and deserves Some details

Outcome:Get settlement over withStart over with enough resources to cover life emotionally and financially

Case Note

One pager for long time client continually confused about money, now getting ready to cut back on

earning money. Seemed fearful about relying on investments for income.

In this case simplicity was the answer. The two questions shown on the two pages were first

missed by the advisor because they seemed so simple that the client should have already know the

answers.

How Much Investment Money Do I Have?

$1,535,470E Stock Account712,747

M-CStock Account

759,622

M-CIRA

54,102

=+

How Much Did MyInvestments Earn This Year?

$212,841M-C IRA 10,308

M-C Stock Account

$135,967E Stock Account

$67,547=25.5

%

20.7%

8.9%

+

Case notesLong term client facing big career change as her industry corrects and layoffs are becoming common.

Client is stuck not able to trust enough to go forward.

Advisor wants to illustrate the client’s repeated questions. • How much will it cost to invest her money now that she has

more than before?• What will happen to her lower earning twin sister if

something happens to her? The sisters live together in the same house and relay on higher earning sister’s income and assets.

FEES1.5% Plus 1%

FEE 1.5%=

70% of Portfolio

Mutual Funds Dividend/Growth

3% yield

30% of PortfolioCORE

Canadian Dividend Stock4.% yield +

What Is The Total Cost of Managing My Investments version #1

100% of Portfolio

Total combined Fee

As % of total Assets

Question: If I die what will happen to my sister’s finances, will she get my assets and be able to afford to keep our home.

Your Assets

Portfolio Assets $...............

Retirement Assets $........

Company Stock $ ………..

House $ ………….Car…..

Sister Receives After Estate Settlement

Safety

Our FamilyReliable and safe

family cars

Other FamiliesDefibrillators

$100,000

Home

Girls Education

Emergency Fund

Give Back

$600,000

#1 #2

Family Settlement $3 million used to keep our family safe, girls educated and help keep other children stay safe and assist families like ours.

Lifetime Income

$3000/month

“Live well knowing we have and will

have enough”

#3

© 2014 Susan K. Bradley www.suddenmoney.com

Law Firm

Organization Successor

Law Firm

Team QuestionsWhat will it mean to wife if this is not taken care of properly?

Is their anything else that could be done by me, by you or by anyone else on the team?

If we looked back five years from now what will we wish we had done? What will make us proud of our work for this client?

1. What does taken care of mean?

2. What does organization continues mean?

Advisor Team Big Questions

Planner CPA

Client’s Goals1. Wife taken care

of2. Organization

continues

http://www.suddenmoney.com/

# 1Absolutely Safety

$ 8 million

# 2Very Modest

Risk$ 5 million

# 3Long Term

Growth$5 million

Purpose: Principal preservation, no income just peace of mind, liquidity

Method: Very minimal risk with CDs, very short term AAA munis, US Gov’t securities

Outcome: No loss over the course of a year, hope to have enough interest to keep up with inflation

“We neverlost a dime”

Purpose: Stay ahead of inflation and taxes, liquidity and support as needed

Method: Diversified bonds, including non traditional bonds – expect modest fluctuation in principal

Outcome: Offset the conservative nature of #1. Protection from inflation and taxes

“Smart to stay ahead of inflation”

Purpose: Growth of principal to pass on to children

Method: Higher risk reward investments, hedge funds, high yield bonds, private equity

Outcome: Growth wealth for our estate, take risks now so next generation will benefit .

“ We took good care of ourselves and family”

One Page Overview with PMO

Investment Silos: Daniel and Elaine

Total Income Investments $1 million Total Growth Investments $226k

Mutual Fund 390,000401k 220,000

Annuity 220,000IRA 6,000

CDs 285,000

Dividend/Interest Income

$15,000

Note: this is only 1.5%

Pension/Social Security

$48,400Note: guaranteed income

IRA

$11,600

Total Estimated Income

$72,000

Checking Account

Receives $75,000/yr

Expenses: 60,000 year5,000/mo

Estimated Taxes: 9,000/yrPaid quarterly 2,250/quarter

Extra income: 5,000More dividend/interest income is available

The Big Question: Do I have enough to retire?

14

Presenter

Presentation Notes

Do I have enough questions are a big part of making life decisions, particularly when it comes to retirement, or buying homes Sylvia had several different blocks of investments and saving and she had some fixed income from SS and pension. But she worried she did not have enough to retire the way she wanted. I separated her money into three categories Income, growth and giving and sharing because she did not want all her money to go to current income, she had other goals on her mind Income : Purpose: I need to replace my salary with at least $60,000 to live on, but I really want $70,000Method: I want as much guaranteed as possible. Be very conservative.Outcome: I want to feel free to enjoy myself, make sure I will be able to cover any medical expenses, not worry about inflation making me poor when I am really old. Growth Purpose: I want some money to grow for the future- more fun, inflation, and medical. Method: Invest with a little more risk, some stocks are okay Outcome: I wan to feel smart and safe. Incase something bad happens I can afford to take of myself. If nothing bad happen I can have a really good time now and then. Giving and sharing Purpose: I want to have 5,000 a year to donate to my charities Method: I can take some risk with this money, Outcome: I hope to maintain my commitments and teach my children the joy of sharing. It would be wonderful for the money leftover to go into a family foundation

15

Presenter

Presentation Notes


Joyce Retire in 5 yearsIncome Target

3,000/mo basic + 2,000/mo fun60,000

Plus taxes

Pension1,800/mo

IRA CDs 2%300,000500/mo

Social Security

2,000/mo

Variable annuityStock market risk/reward

Guaranteed 5% 300,000

1,200/mo

Fixed AnnuityGuaranteed 4%

1,000/mo

JoycePurpose: Feel confident I can have enough extra money to enjoy trips with my grandchildren. Be free to have fun. Know I can pay for any illness when I get much older.

Method: Low risk with guarantees

Outcome: Make sure there is enough money to retire on in 5 years

CDS 2% 300,000500/mo

OR

Retirement Income Scenarios

Bob & Marilyn

Bob’s Pension

Bob’s Soc. Sec.

Marilyn’s Pension

Marilyn’s Soc. Sec. Assets

Bob Bob’s Pension

Bob’s Soc. Sec. Assets

Marilyn55% of Bob’s

Pension

Bob’s Soc. Sec.

Marilyn’s Pension Assets

Retirement Income Scenarios

Parents BFA Cash 150,000Bonds 400,000Transfer 550,000

Wrap AccountJT’s Trust $2,050,000

$$ /month

JT’s Next Stage:Consolidation for simplicity, controland more free time.

Trust Accounts

JT’s 500,000Parent’s 1 millionTransfer 1,500,000

Three IRA Accounts

45,000108,000220,000

Transfer 337,000Consolidated IRA Accounts

$337,000

Checking accountexpenses/spending

Back-up accountHealth /emergencies

Possible Plan

Retirement Spending =

$60,800/year

Probability of Success =

86%

Current Plan


$68,000/year


56%

Proposed Plan


$64,000/year


79%

CharacteristicWhat Is Important To Us

10Elm St

Condo 57Cloud St

117 Brook St

Comments__________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

New Home Check List

Comments__________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

Mike and Irene

VA Lot

House

Social SecurityAge 70-$3,000

House

Emergency Savings$10,000

Life Insurance

$289,000 Out$180,000 In

Emergency Savings$10,000

IRA’s$253,000

IRAs$245,000

401k$225,000

Life Insurance$200,000 Out$300,000 In

Social Security

Age 70~$4,200

401k$150,000 Mike

Irene

**If you would like this slide in an editable version, please contact the office 561-776-8987

Total Income Investments $1 million Total Growth Investments $226k

Mutual Fund 390,000401k 220,000

Annuity 220,000IRA 6,000

CDs 185,000

Dividend/Interest Income

$15,000

Note: this is only 1.5%

Pension/Social Security

$48,400Note: guaranteed income

IRA

$11,600

Total Estimated Income

$72,000

Checking Account

Receives $72,000/yr

Expenses: 60,000 year5,000/mo

Estimated Taxes: 7,000/yrPaid quarterly 1750/quarter

Extra income: $5,000More dividend/interest income is available

The Big Question: Do I have enough to retire?

31

Presenter

Presentation Notes


32

Presenter

Presentation Notes


Copyright © 2012 Susan Bradley All Rights Reserved.33

Presenter

Presentation Notes

The one page cash flow overview was also essential - this was their first time drawing income from investments rather than the business When the markets crashed their planner knew they were okay but they needed to know that as well. The highlighted areas help them see their investment income will be the same for two years – and they have enough cash to cover four years of income Each time the TV announced more bad news they could go to their overview and see they were okay – they had could hang on waiting for the crisis to be over before making big changes.

Mr. & Mrs. W. 70th StreetMaintenanceMonitoring

Sale

SouthportMaintenanceMonitoring

Sale

Money Management Oversight

Greenacres Family Bank

Associated ArtistsArt Sales

Antiques Show212 E. 63rd Street

LitigationMaintenance

Money ManagementPersonal Assets

MonitoringSelecting Managers

Bill Paying3 residences

4 entities

AccountingProvide Data on

DeductionsCheck Accuracy

Manage Accountant

Dog WalkingTraining

Greenacres G.P

ARTOrganizationMaintenanceMonitoring

Travel & other Life

Plans

Philanthropy

Maintain Relationships

Friends & Family

Met Activities

Bill Paying

• Find and approve outside provider• Monthly reporting

Art Catalogue

• Find and approve outside provider• Implementation must be done in several locales

Sale Of Residences

• Meeting with existing realtors • Analysis of price/cost of carry

Estate Plan Revision

• Appropriate use of Unified Credit this year• Installment sale of FLP ownership into defective trust• Art disposition

4010 Huntly Circle, Palm Beach Gardens, FL 33418

P: 561-776-6209 | F: 561-828-3905 | [email protected] | www.SuddenMoney.com

Son

$1 million Allocation Plan

Son’s Education

$250k

Retirement

$400k $?

Private Equity

$?

Pay Off House

$350k





Son





Activity Routine Social Challenging Measureable

golf 3X a week Yes Maybe Rather not

Reading newspaper and watching CNN

no No Frustrating No

Dinner out with friends

Yes every night

Yes Less and less No, but comfortable

Walking the dog Definitely Sometimes

No No, but not doing it is measurable

Activity Routine Social Challenging Measureable

Tennis team Yes Yes Yes Yes

Home Depot Classes

Yes Yes Yes Yes

Cooking Classes Yes Yes Yes Yes

Volunteer tutoring

yes Yes Yes Yes

Presenter

Presentation Notes

Do you see how different the charts are? This is a couple a year into the seemingly perfect retirement they thought they would love. He golfs, but again, he’s not on pace to improve. He doesn’t really care about his game. He watches a lot of television, which isn’t social and doesn’t involve any kind of process or goal. He had flow when he was working, but in retirement he completely lost it and wasn’t doing much to regain it. This couple decided to volunteer as reading tutors and that gave them a new world of people, and also challenges that were measurable. Eventually he found that he had a skill for helping people and worked toward being a mentor, and then spent years helping people. He still played golf and went out to dinner, but he had something he excelled in that created a new meaning for his life. They also started race walking, which brought yet another group of people into their lives. They weren’t that competitive, but they did participate, kept in shape and had a lot of fun! What will your chart look like?





Activity Routine Social Challenging Measureable Tips for Flow

Start before you retire.

Couples can have both joint and separate charts.

Adjust your attitude towards improvement-perfection may

lead to frustration.

Try to include all four components, not just social

and routine.

Keep a flow calendar.

Reinvention Activity Flow Chart

Presenter

Presentation Notes

Think of flow as a sustained feeling of connection and vitality. If this is your idea of a desirable experience in the chapter of life called retirement, then make it happen by intentionally adding activities and commitments that have four components: Routine… regularly scheduled but not necessarily daily or weekly. Social … interaction with other people, some just like you, some very different. Challenging … like learning something new, meeting goals--yours or an organization’s. Measurable …. some way to measure progress, achievement, or success. Psychologists tell us that routine activities with social contact that are challenging but doable and have measurable achievement tend to give us a flow experience. Start by listing the activities you do now. Think about how they meet the ingredients for flow, and then rate them with Yes, No, or Maybe in the four columns. Make copies of this chart to use as you explore ideas and possibilities for your reinvention plan.





Presenter

Presentation Notes

Do you see how different the charts are? This is a couple a year into the seemingly perfect retirement they thought they would love. He golfs, but again, he’s not on pace to improve. He doesn’t really care about his game. He watches a lot of television, which isn’t social and doesn’t involve any kind of process or goal. He had flow when he was working, but in retirement he completely lost it and wasn’t doing much to regain it. This couple decided to volunteer as reading tutors and that gave them a new world of people, and also challenges that were measurable. Eventually he found that he had a skill for helping people and worked toward being a mentor, and then spent years helping people. He still played golf and went out to dinner, but he had something he excelled in that created a new meaning for his life. They also started race walking, which brought yet another group of people into their lives. They weren’t that competitive, but they did participate, kept in shape and had a lot of fun! What will your chart look like?



Transition EventStage

Purpose StatementJoe & Jane Smith

Goals to Achieve:

Concerns to Address:

How to Pass on ControlFamily Biz

4th GenerationPrivate RE"S" Corp

27% 22% 51%

DarleneDaughterPresident

Jeffry TrustSon

Passive

Mom/DadGraduallyRetiring

SingleNo Kids

Troubled MarriageTwin 5 Yr Olds

T & E PlanBeing

Considered

Want anEx-wife in Biz?

How to avoidBig tax Event

How toProvide

Mom/DadIncome

How to avoidSpoiling

twins

Exercise:How would you illustrate these points as a preparation for a client discussion.Notes: This one page should be presented with curiosity and

‘why’ questions. You are looking for strong purpose, Why does passing on control matter to you?What difference would it make if you got this right, what difference would it make if you didn’t.

How to Pass on Control

Robert & Denise’s Money Buckets

Income(Cash-Checking/Savings)

$38,278

Moderate(GWM Profile 4)

$431,400

Growth(BMB Business Sale)

$1,300,000

Purpose: Principal preservation, little or no income, peace of mind, liquidity

Method: no risk with Savings and Checking.

Outcome: Will not earn enough interest to keep up with inflation, provides emergency funds

Purpose: Stay ahead of inflation, replenish income bucket with moderate growth

Method: Diversified stocks & bonds, invested in mutual funds, expect moderate fluctuation in principal

Outcome: Protection from inflation, moderate growth of assets

Purpose: Long term growth of principal to replenish income as needed and provide for LTC needs

Method: Diversified stocks & bonds, invested in Mutual Funds in a global portfolio; expect short term principal fluctuation

Outcome: Grow wealth, replace income provide legacy for my family

“Cash on hand” “Keep up with inflation” “ Take care of my family”

NOW SOON LATER

#1Personal Use$1.5 million

Potential AllocationWHY is security importantWHY is sharing important

$2 million Investment Assets

#2Sharing$500k

52

Allocation Plan

Account #1

Absolute Safety

20%$_____________

_

Purpose: Principal preservation, no income just peace of mind, liquidity

Method: Very minimal risk with cash, CDs or U.S. Treasuries

Outcome: No loss over the course of a year, hope to have enough interest to keep up with inflation

“We neverlost a dime”

Account #2

Very Modest Risk

40%$_____________

Account #3

Long Term Growth

40%$__________

Purpose: Stay ahead of inflation and taxes, liquidity and support as needed

Method: Diversified short / intermediate term municipal bonds

Outcome: Offset the conservative nature of #1. Protection from inflation and taxes

“Smart to stay ahead of inflation”

Purpose: Growth of principal to pass on to children

Method:Higher risk reward investments consisting of US, Developed International and Emerging Market Equities

Outcome: Growth of assets for future generations and/or philanthropy

“We took care of ourselves and our families.”

Cash Flow Planning 2013/2014Client Name

Cash Needs Each Year

• Annual Living Expense $128,400

• Gifting to Kids $100,000

• SEP Contribution $13,000

• TOTAL $241,400

Available Cash

• Checking $50,000

• Fidelity Joint Cash $26,500

• Fidelity Joint Bonds $34,000

• Patti S.S. $24,000

• Jim Net Self Employ $26,000

• TOTAL $160,500

2013 Gross Income

• Options 1/13 $53,000

• Addt’l Options $88,000

• Patti S.S. $24,000

• Jim Gross Self Employ $40,000

• IRA Distribution $80,900

• TOTAL $285,900

2014 Gross Income

• Options $120,000

• Patti S.S. $24,000

• Jim Gross Self Employ $20,000

• TOTAL $164,000

TrustShares Value

P&G 3000 $181,980Cost Basis $20,460Tax if Sold* $32,304*capital gain rate of 20%

IRAShares Value

P&G 10441.96$631,589Cash/Pre-Mix $741,952

TOTAL $1,373,541

Income Flow

Income Flow


10Elm

124 Condo

57Cloud

117 Brook

Comments__________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

New Home Check List

Comments__________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

Lifestyles Family Giving Sharing

Vision of Your Ideal

Future:

Purpose Statement

Joe & Jane Smith

Key Values:

Transitions to Plan For:


Goals to Achieve:


Assignment: One Page Overview

The client’s fact pattern: FRYE

This involves a wealthy couple who have completed life plans. The wife is moving forward with her plan, and the husband is stuck. I created the first page to try to capture the many things that require his personal action leaving him little time for working on his life plan. We then did a now, soon, and later exercise, and arrived at an approach as to how to accomplish the tasks while delegating some of them to others.

The main point being illustrated:We were trying to move from a swirl of to do’s to an organized way to get many of the tasks delegated out to appropriate people to accomplish them. This was just an overview. Each of the tasks had many steps we needed to complete to move them off his desk.

How you created the overview:I created the first chart when I brainstormed with the client all that needed to get done. We drew a spider gram on a piece of paper which I then tried to translate to a Power point document. The second step was to do a now, soon, and later exercise to prioritize how we would tackle this, and we created together a drawing which I translated to the second Power point document. In drawing, we each had a pen with different colored ink to add to the list.

Challenges you had either creating or presenting:This client is someone who has to think and absorb before he acts. We did the drawing, and I would then send him by e-mail the Power point. We would then meet a second time to go over the tasks to be done, and come up with an execution strategy ie finding the right company to catalogue art, finding the right bill payer, etc

Your client’s response:The bills are now being paid by an outside company which has appropriate checks and controls. The Art has been catalogued in a cloud-based system (1100 + pieces), and our only challenge is keeping that system up-to-date as they buy and sell. We completed a very extensive change on the estate plan by the end of 2012 (well almost—a couple of documents still need to be signed.) A house and a NYC apartment have been emptied of contents and sold. The client has did two major trips this year using Italian and Spanish which he is now studying (part of his life plan.) He and his wife took the Grandkids to Italy, and they hosted the entire family at a resort in Mexico over Christmas and New Years.

Comments from your study group:

Lottery WinnerAge 50Married but the money is to be kept in her name and controlHome owned by him is about to go into foreclosure

• 50 years old• Lottery winnings 3 million net• Disabled, anxiety and back problems – one Medicare applying for SSDI• Seems to have a heart problems as well

• Anxious about the money worried she might die• Wants to move her mother from FL to MA to live with her• Living with husband but they are separated• He is not going to get any of the money – he seems to agree but now learning about his legal rights

• The house they live in belongs to him, she may be on a mortgage note, they house has been foreclosed , they are waiting for the letter telling them to move out

•• She has 2 pit bulls, she lives in the house because of them –• She is concerned that someone will cause the dogs to bit them and then sue her because she has money

• Wants to do legal work required to keep daughters safe and make sure husband is cared for but doe not get the money

Martha

Cash Flow

Liability

Naming peopletrustees

Trailer

Dogs

How to best share the money

Health care and insurance

Health

HouseForeclosure

Legal documents

Daughters

Where to live

Land and build

House for Elizabeth

Mother Florida or MA

How Much Is Possible

Invest for Income

Now and future

Vacation

Legal

•If legal documents are not done•One daughter gets money nothing to the other daughter•Husband gets money based on state law •Documents can make sure both daughters share the money and are better prepared for it•Documents can make sure husband doe not get money

Where To Live

• Need to move can happen any day• Find the trailer and where to put it before the letter comes• Dogs need a safe place to be while traveling and while living in the trailer• Decide on a budget for land and building • Live without worry about maintaining the house or not affording it in the future.

Dogs

• Liability insurance• The right home with low possibilities of dog related problems

Health

• Good health insurance coverage to replace Medicare• long term care insurance• Health care providers to get and stay healthy

Moving from a dream to reality

• What can make this business different and unique? How can it be “premium?”

• Basic business plan• War chest• Network of

entrepreneurs

• Dimension start up costs

• Minority financing opportunity

• Goals Based Savings ie vacations, business dream, rainy day fund

Do Now

Find Out

OthersBuild

Typical Wall Street

• Prediction/bets

• React to events

• Media influence

• Social element

Index Investing

• Spread the risk

• Accept market returns

• Reduced cost

The TAAG Way

• Establish goals

• Focus on what you can control

• Portfolio structure drives

performance

The Evolution of Smart Investing

“We continue to make more money when snoring than when active” Warren Buffet

“We continue to make more money when snoring than when active” Warren Buffet

Assignment: One Page OverviewBy Date: February 6, 2013

The client’s fact pattern:Lin is a young woman in her 20’s. She is an engineering graduate from Georgetown, and she presently is a business strategist for a large Financial Institution. She is somewhat challenged by her job, but she has dreams of being an entrepreneur. She would like to start a small business, and one idea she has is to start a premium ice cream/bakery business. Her goal would be to make this business the best of it’s kind in the area. She would like to move this from an idea to implementation.

The main point being illustrated:I would like to illustrate on one page some of the preparation work that Lin needs to start in order to have a 5-year plan to start this business. There is money to be saved, and yet there is more investigative work that needs to be done in a thoughtful way in order to ensure her business will be a success.

How you created the overview:I have brainstormed ideas about what it might take to start this business. I have not yet shared this with Lin, so these may not reflect all that needs to be done.

Challenges you had either creating or presenting:Since I have not shared this overview, I may have missed something which we can add at our next meeting.

Your client’s response: TBA

Comments from your study group: work on the titles and wording

Total Settlement Amount 3,500,000.00

Bucket #1

(Past Expenses)

**See Settlement Breakdown

Bucket # 3

(Emergency Funds & Liquid Investments)

Emergency Fund

$62,000.00 Liquid Investments

$230,000.00

Bucket #4 (Annuity)

$1,000,000.00

$3,283.00 per month for entire lifetime of Jenny;

guaranteed 30 years

Net Cash Settlement

1,722,000.00

Bucket # 2

(Immediate Expenses)

Car $30,000.00

House $400,000.00

Cash Flow Planning 2013/2014Client Name

Cash Needs Each Year

• Annual Living Expense $128,400

• Gifting to Kids $100,000

• SEP Contribution $13,000

• TOTAL $241,400

Available Cash

• Checking $50,000• Fidelity Joint Cash

$26,500• Fidelity Joint

Bonds $34,000• Patti S.S. $24,000• Jim Net Self

Employ $26,000

• TOTAL $160,500

2013 Gross Income

• Options 1/13 $53,000

• Addt’l Options $88,000

• Patti S.S. $24,000• Jim Gross Self

Employ $40,000• IRA Distribution

$80,900

• TOTAL $285,900

2014 Gross Income

• Options $120,000• Patti S.S. $24,000• Jim Gross Self

Employ $20,000

• TOTAL $164,000

TrustShares Value


IRAShares Value

P&G 10441.96 $631,589Cash/Pre-Mix $741,952

TOTAL $1,373,541

Income Flow

Income Flow


10Elm

124 Condo

57Cloud

117 Brook

Comments__________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

New Home Check List

Comments__________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

Low High

US T BillsMMKT/US Gov

1 mil

8%

Safe and Available

UBS Muni BondsTax Free

2.9 mil

23%

Guaranteed interest and Low risk to principal

Multi Manager Multi ManagerShorter Longer Bonds Bonds

2 mil 3.9 mil

15% 30%

Higher interestGrowth of principal

Hedge fund

1 mill($500k each)

8%

Growth with low volatility

Possible Allocation of $13 million

Visual review of discussions with two advisors from different firms.The progression from Low to High risk is based on how advisors would place the investments in order of lower to increasing risk.

Hedge fund

500k

4%

Growth with low volatility

MLP

250k

2%

Growth

Discr.Stock

250k

2%

Growth

BKL Rock

1 mil

8%

Growth

Note: 1. This is just a visual for discussion, not recommendations, not an expert opinion.2. Cash left in Wells Fargo or Chase is for required liquidity, possible real estate purchase, or personal investment opportunity. 87

SPENDING

What do you spend money

on?

Should you keep track of all

spending?

Should you have separate spending money from your spouse/partner?

SAVING

Why do you save?

How much should you save?

What difference does it make to

have money saved?

INVESTING

What do expect from your

investments?

How much risk is OK for your

401(k)?

How should you keep track of your

investments?

SHARING

Should you share your money?

Why?

Who would you give money too?

Why? How much?

What does sharing mean to you?

Do you expect to have enough money to buy what you want?

Do you expect to make your savings goals ?

Where to you expect to get the best return on your investments?

Do you expect to know how your

sharing makes a difference?

FOUR MONEY CHOICES Step One

Presenter

Presentation Notes

The best processes are simple and effective at cutting out or quieting the unnecessary head-noise that comes with a busy life. Money choices can be complicated, but they don’t have to be. You can have a mostly automated system of allocating your money in ways that support your life now, as well as your hopes and dreams for the future. Once you build your system, you can feel comfortable that you’re taking care of what needs to be done in your life and moving forward in disciplined steps. And when your life feels like its been turned upside down, you can use this system to reexamine your money choices based on new circumstances. The four choices for money won’t be the only system you‘ll need for life transitions, but it will be one of the most important ones. Let’s take a few minutes to review the worksheet on the Four Money Choices. Step One Is about finding the right questions to wonder about and ponder. There’s no need to have your answers on the tips of your tongue; we’re just reviewing the process today. You will want to take this home for some quiet time thinking. �Review the categories and consider the sample questions. Include additional questions you want to consider when making allocation decisions. This step is designed to help you explore your beliefs and values about each category.

Presenter

Presentation Notes

The best processes are simple and effective at cutting out or quieting the unnecessary head-noise that comes with a busy life. Money choices can be complicated, but they don’t have to be. You can have a mostly automated system of allocating your money in ways that support your life now, as well as your hopes and dreams for the future. Once you build your system, you can feel comfortable that you’re taking care of what needs to be done in your life and moving forward in disciplined steps. And when your life feels like its been turned upside down, you can use this system to reexamine your money choices based on new circumstances. The four choices for money won’t be the only system you‘ll need for life transitions, but it will be one of the most important ones. Let’s take a few minutes to review the worksheet on the Four Money Choices. Step One Is about finding the right questions to wonder about and ponder. There’s no need to have your answers on the tips of your tongue; we’re just reviewing the process today. You will want to take this home for some quiet time thinking. �Review the categories and consider the sample questions. Include additional questions you want to consider when making allocation decisions. This step is designed to help you explore your beliefs and values about each category.

FOUR MONEY CHOICES

HOW MUCH WHY HOW

SAVE

SHARE

SPEND

INVEST

FOUR MONEY CHOICES Step Three

Presenter

Presentation Notes

How will you allocate your money? Will you choose to put some money in every category? How much you choose to allocate can either be a percentage or a specific amount. Knowing WHY you want to allocate money helps you have an emotional connection to and increases your ability to stick to the system once you set it up. The HOW part is where this process comes alive. Most of us need systems, and in this world automating is essential. Think about how you maybe pay your bills online. Some might be paid automatically every month. Maybe you have money taken out of each paycheck for things like 401k contributions and other savings plans. Think about other ways to help yourself be consistent with your intentions. Consistent, by the way, doesn’t have to mean weekly, or out of every paycheck. You might make an annual donation as part of your sharing allocation, for example. You might find it helpful to make a few copies so you can rework your choices every now and then. It’s also helpful to share the exercise with your spouse or partner and compare notes, which will help you learn more about each other. If you’re financially connected to each other, it’s good to draft joint agreements, which are written statements about your intentions and expectations for your money.

Presenter

Presentation Notes

How will you allocate your money? Will you choose to put some money in every category? How much you choose to allocate can either be a percentage or a specific amount. Knowing WHY you want to allocate money helps you have an emotional connection to and increases your ability to stick to the system once you set it up. The HOW part is where this process comes alive. Most of us need systems, and in this world automating is essential. Think about how you maybe pay your bills online. Some might be paid automatically every month. Maybe you have money taken out of each paycheck for things like 401k contributions and other savings plans. Think about other ways to help yourself be consistent with your intentions. Consistent, by the way, doesn’t have to mean weekly, or out of every paycheck. You might make an annual donation as part of your sharing allocation, for example. You might find it helpful to make a few copies so you can rework your choices every now and then. It’s also helpful to share the exercise with your spouse or partner and compare notes, which will help you learn more about each other. If you’re financially connected to each other, it’s good to draft joint agreements, which are written statements about your intentions and expectations for your money.

SMOOTH TRANSITIONS

My Plan is Created

ConfidencePeace of Mind

My Plan Works

Helpers In PlaceFamily Prepared

My Plan Is Settled

Wealth Reception™

WELL BEING

DisabilityLife Legacy

Estate Planning Conversation Graphic

Transition from Widow to Independent Woman©

Feel Financially Secure

"People gain so much hope when they know they are not experiencing something alone.”--Joyce Rupp

Grief--numb

Financial TriageNEEDS TO BE HEARD AND UNDERSTOOD

Highly vulnerable time

NO big decisions

Focus only on immediate needs, such as cash flow

breathe

Grace--transformation

Advanced PlanningNEW LIFE EVOLVES

Estate and charitable planning

Special family issues

Your Story, Your Values, Your Legacy™

fulfillment

Growth--journey

balance

General PlanningCOGNITIVE FUNCTIONS

NORMALIZED

“Financial Steps” done

Investments & taxes

Pre or post-retirement issues

House decisions

Kathleen M. Rehl, Ph.D., CFP®



Hi Natalie-- On Friday, we talked about one pagers and I mentioned that I had a way to insert excel charts right into a PPoint slide which is a lot more effective than trying to build a chart in PP itself. Here are the steps, at least as they work on my desktop-- 1. Completely format the excel chart to be copied while it is in Excel. All color, fonts, underlines etc. need to be in final form 2. Highlight the part of the chart to be copied 3. Select the Copy command 4. move cursor to the open PPoint slide and click in the general area that you want to place the chart 5. Click on Edit; on the drop down, select Paste Special 6. This will open another window box with some weird options; pick the one that says Picture (Windows Metafile) and OK 7. The chart will open up in PPoiint with all the boundaries visible so you can move or enlarge it--just like a Word Art 8. If you want to update or modify the chart, simply delete from the PPoint slide and start over from #1 above. You cannot modify once it is in the PPoint slide itself. If Susan is ok, perhaps you can distribute this or post it. Hope that helps anyone who is trying to do this!!

How to insert Charts From Excel into PowerPoint



TrustShares Value


IRAShares Value

P&G 10441.96 $631,589Cash/Pre-Mix $741,952

TOTAL $1,373,541

Income Flow

Vision of Your Ideal

Future:

Purpose Statement

Joe & Jane Smith

Key Values:

Transitions to Plan For:


Goals to Achieve:


**If you would like this slide in an editable version, please contact the office 561-776-8987