The investor life cycle illustrated AMS16-1704 Expires 1/31/18 All investments are subject to risk. There is no assurance that any investment strategy will be successful.

the freedom difference 100% OVEREXPOSURE TO EQUITIES: Market Risk: Increased risk of portfolio volatility The possibility of not recovering from a damaging set back early in retirement. MODERATE EXPOSURE TO EQUITIES: Increased probability of meeting your income needs throughout your entire retirement. Balancing all risks experienced in retirement EQUITIES UNDEREXPOSURE TO EQUITIES: Longevity Risk: Lower portfolio volatility, but also lower portfolio return potential Inflation Risk: The probability of reduced purchasing power due to rising prices over time. The possibility of outliving your investments 0% All investments are subject to risk. There is no assurance that any investment strategy will be successful. Please see important disclosures at the end of this presentation.

freedom retirement income solution model Early Retirement Model Account minimum of $50,000. Asset allocations and composite yield are as of 6/30/2017 and are subject to change without notice from the addition, removal or substitution of one or more asset classes. Asset allocation and diversification does not ensure a profit or protect against a loss. Please see slides at the end of the presentation for important information and disclosures. Composite Yield: The individual income yield is calculated for each account in the composite (income received over the quarter / accounts average value.) Those yields are then summed and divided by the number of accounts in the composite. This is not representative of a yield realized by any client and is not intended to project the income that a client should expect. Dividends are not guaranteed and a company's future ability to pay dividends may be limited.

freedom retirement income solution model Mid Retirement Model Account minimum of $50,000. Asset allocations and composite yield are as of 6/30/2017 and are subject to change without notice from the addition, removal or substitution of one or more asset classes. Asset allocation and diversification does not ensure a profit or protect against a loss. Please see slides at the end of the presentation for important information and disclosures. Composite Yield: The individual income yield is calculated for each account in the composite (income received over the quarter / accounts average value.) Those yields are then summed and divided by the number of accounts in the composite. This is not representative of a yield realized by any client and is not intended to project the income that a client should expect. Dividends are not guaranteed and a company's future ability to pay dividends may be limited.

freedom retirement income solution model Senior Retirement Model Account minimum of $50,000. Asset allocations and composite yield are as of 6/30/2017 and are subject to change without notice from the addition, removal or substitution of one or more asset classes. Asset allocation and diversification does not ensure a profit or protect against a loss. Please see slides at the end of the presentation for important information and disclosures. Composite Yield: The individual income yield is calculated for each account in the composite (income received over the quarter / accounts average value.) Those yields are then summed and divided by the number of accounts in the composite. This is not representative of a yield realized by any client and is not intended to project the income that a client should expect. Dividends are not guaranteed and a company's future ability to pay dividends may be limited.