If You Don’t Know Where Are You Going Any Road Will Take You There Million Dollar Portfolio A Strategic Planning Process Click On “Browse” On Top and Then On “Full Screen” For Full View This presentation best viewed on PowerPoint-XP. After the presentation click on Back on top of the explorer to go to main website.
Planning Process • A financial plan is your roadmap to financial success • A financial plan begins with inventory of your resources, sets, goals and objectives • A set of strategies to achieve those goals • Proper portfolio and product selection • Regular reviews
There are three major stages to Financial Planning Financial Planning Time Horizons Create Wealth During Working Years Conserve Wealth For Retirement Years Distribute Wealth To Heirs & Estate Age 25 Age 55 Age 75 Age 100
Achieving A Financial Goal Is A Tradeoffs Between Triangle Of Wealth Time To Reach Goal Monthly Amount Required To Invest To Reach The Target Goal $1,097 20 Years 12% Million $ Target Goal Rate Of Return This chart is for illustrative purposes only and is not intended to project the performance of any particular investment
Taxes & Inflation are the important factors when looking at the rate of return of investment Key Consideration For Staying Ahead After taxes of 40.00% you are left with Your investment earns After inflation of 3.00% you are left with 12.00% 7.20% 4.20%
Interest Earned On Interest – Is Dramatic The Power Of Compounding Earn More By Investing Early And Longer Based On $100,000 investment Investment Growing at 12.00% Per Year Over Various Time Periods $176,241 $310,604 $547,398 $964,710 $1,700,156 $2,996,263 $5,280,445 5Yrs 10Yrs . 15Yrs . 20Yrs .25Yrs 30 Yrs 35 Yrs This chart is for illustrative purposes only and is not intended to project the performance of any particular investment
Waiting For 5 Years Investment Value In 25 Years Cost Of Delay $1,700,178 Invest Description Single Deposit of $100,000 + Annual Deposits $1 Made at the beginning of the year $964,721 20 Years 12% Million $ Invest Now Invest After 5 Years This chart is for illustrative purposes only and is not intended to project the performance of any particular investment
Not having a financial plan • Procrastinating • Do not diversify • Not considering the impact of taxes • Not considering the impact of inflation • Not staying invested in the market • Not paying yourself first • Not protecting your earning power • Not seeking professional financial advice • Taking unnecessary risks 10 Points For Investment Failure 20 Years 12% Million $ This chart is for illustrative purposes only and is not intended to project the performance of any particular investment