Goal Setting "The indispensable first step to getting the things you want out of life is this… Decide what you want.” Retirement – when…how much… Home Purchase Match Asset and Liabilities Fairport Asset Management, LLC

10 Questions to ask advisor, broker etc. 1.What services will we receive? 2.What will be the fees for these services? Any extra or hidden charges? How are you compensated? 3.Who will be our personal account person? For how long? 4.How will we determine the asset allocation of our portfolio? 5.What is your typical client engagement, what is average account size? 6.What detailed information will we receive on the portfolio holdings? 7.What are the terms of any termination of your services? 8.Please review the performance of your investment services compared to national indices and competitors. 9.What are the mechanics of receiving access to our money in case of emergency? 10.I assume that you provide the necessary reports for income tax preparation. Fairport Asset Management, LLC

Four-Asset-Class Diversification

The Five Worst Years

$61.19 Growth of $1: Portfolio ABCD vs. Portfolio A (Equal Allocation vs. U.S. Stocks) $35.51

Investment Options Stocks – Large, Mid, Small, Growth Value, International Bonds – Gov’t, Municipal, Corporate, High Yield, Short, Intermediate, Long Reits – real estate investment trusts ETFs – exchange traded funds Mutual Funds Commodities Fairport Asset Management, LLC

Favorite Websites “Life after school explained” book. Fairport Asset Management, LLC

Rebalancing The process of realigning the weightings of one's portfolio of assets. Important way to reduce risk. Allows for more consistent returns. Consistent Returns= increased compounding= increased wealth

Retirement Myths 1.You'll only need 70–80% of your pre-retirement income. 2. When you retire, you'll be in a lower tax bracket. 3.You can always just keep working. 4.The stock market will save you. 5.There's always Social Security. Reality check: Spend less, save more Fairport Asset Management, LLC

Save Now vs. Later Individual #1 Saves $275/month for 10yrs starting today. Investment earns 8% Ends up with $106,941 Individual #2 Saves $275 month for 10yrs but waits. Investment earns 8% Ends up with $49,534 Fairport Asset Management, LLC

Retirement Options 401k – 2006 max contribution limit of $15, k Roth 403b – 2006 max contribution limit of $15,000 Traditional IRA - $4000 max contribution Traditional Roth Defined Benefit Plans – Pension Annuities – no limit Fairport Asset Management, LLC

Questions to ask before opening an IRA Does the account have an annual fee? If there is an annual fee, is it waived at some threshold account balance? What are my investment choices at this financial institution for my Roth IRA account? Are there any transfer or account closing penalties. Fairport Asset Management, LLC

Questions to Ask Employer What retirement plans are available? and what are investment options? Is there any employer matching? What is the vesting period? Do you offer a FLEX plan? How is the health insurance plan structured? Fairport Asset Management, LLC

Now What Start Saving for retirement through employer plan. Develop a retirement game plan. Invest in a Roth or Traditional IRA. Consider purchasing Umbrella Insurance Fairport Asset Management, LLC