Maximizing Your Financial Plan A financial education workshop presented by F3EF3E The Foundation for Financial Education A 501(C)(3) NONPROFIT ORGANIZATION | (240) |

Macro Manager Sub-specialties Your most trusted advisor: What’s their specialty? Accountant Stockbroker Insurance agent Attorney Real estate agent Mortgage banker Team of advisors:

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Financial Planner CPA, EA, JD, CFP, MBA, Chfc  Series 6, 7, 63  Life, Accident and Health  Property and Casualty Licenses: 3 types of payment for services: 1) Fee-based 2) Asset management 3) Commission

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Common Financial Myths Wealth = $X or X time Compound vs. simple interest Average rate of return vs. Real Estate Retirement Rules College / higher education planning Debt management

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The rules of the game are changing What’s a million dollars worth? Taxes and inflation Retirement life is extending beyond 25 years on average Long-term returns on savings Strategic allocation vs. asset allocation

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Exit Strategies Now what? Withdrawal pecking order Plan evolution, changing course What’s on the mind of the retired Asset protection Tax sheltering

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Where do we go from here? Government service Second set of eyes Philosophy of finances Success no matter what

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