[Note to financial professional: Refer to slide.]

[Note to financial professional: Refer to slide.]
[Note to financial professional: It’s a good practice to have the employer or HR representative introduce you to the audience. This will help establish your credibility among those who don’t know you.] My name is [name], and I’m a [title] for [firm]. I’m the financial professional for your plan. Thank you for attending today. Your employer has invited me here to talk about one of your company’s most valuable benefits: your company retirement plan. Figures are past results and are not predictive of results in future periods. Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value. RPGEPO O s58599 © 2017 American Funds Distributors, Inc. V1 AI-00000 -A

American Funds Is a Key Provider for Your Retirement Plan.
Since 1931, American Funds has invested with a long-term focus and an attention to risk. Nearly half of the 56 million investor accounts in the American Funds are retirement accounts. Before we talk about your retirement plan, I want to discuss American Funds, a key provider for the plan. Your account is one of 56 million investor accounts in the American Funds, and nearly half of those are retirement accounts. Since 1931, American Funds has invested with a long-term focus and an attention to risk. Both are key to effective retirement planning. Now let’s talk about your retirement. © American Funds Distributors, Inc.

Check Your Progress How are you doing?
To succeed in any endeavor, it’s important to check your progress periodically. For example, if you’re a sports fan, you probably glance at the standings once in a while to see how your favorite team is doing. When you’re on a road trip, you might view your GPS to see if you’re moving in the right direction. Likewise, as a retirement plan participant, it’s important to assess how you’re doing on a regular basis. You’ll want to see how your investments are doing and if you should make any changes to your savings strategy. With that in mind, I’d like to conduct a sort of “progress report” to see where you stand in preparing for retirement. Let’s get started. © American Funds Distributors, Inc.

Today’s Agenda Let’s do three things Check to see if you’re on track
Review your investment selections Take action To keep it simple, I just want to do three things today: First, help you determine if you’re on track to meet your retirement goals. Second, look at your investment selections to see if they’re still right for you. Third, I’m going to encourage you to seize this opportunity to make some changes to your strategy if you need to. © American Funds Distributors, Inc.

Where Are You? Check your progress
To help you see if you’re on track, we’re going to use this progress report/workbook titled “You Are Here.” If you don’t have all the information needed to complete the workbook now, that’s OK. You can use “ballpark” estimates, and then you can fill in the real numbers at home when you’ve gathered your retirement information. © American Funds Distributors, Inc.

Two Retirement Plan Participants
Are Maura and Stephen on track? Also, to assist us in our progress report, we’re going to take a look at the stories of two colleagues — Maura and Stephen. Just like you, they’re working toward their retirement goals. As plan participants, Stephen and Maura want to get a sense of how they’re doing. © American Funds Distributors, Inc.

Check to See if You’re on Track
First, let’s look at Maura’s situation. Maura is 55 years old. Maura doesn’t have lavish plans for retirement; she wants to volunteer at a local animal rescue shelter, play some tennis and go skiing. She understands that she has to build a retirement nest egg sufficient to fund her lifestyle. To that end, Maura enrolled in her retirement plan as soon as she started working. She began small, putting 3% of her salary into the plan. But she didn’t stop there. Each year, Maura increased her savings by a percentage or two. Also, whenever she received a raise, she’d put a little bit more into the plan. Before long, she was putting the maximum amount allowable into her plan. She’s been faithfully “maxing out” for some time now and she’s committed to doing so until her retirement. © American Funds Distributors, Inc.

How does Maura’s estimated monthly withdrawal compare with her current monthly income? It’s more. It’s less. [Note to financial professional: There are two versions of the progress report brochure: personalized and plan-level. The personalized one features an “estimated monthly retirement withdrawal from your plan” figure that’s based on each participant's current account data. The plan-level version uses plan-level information and a worksheet approach to help participants estimate their monthly retirement withdrawal. Therefore, the pages referenced in the Notes may not match the pages in your participants' brochure.] To find out whether she’s on track. Maura used the worksheet on pages 2 and 3 of the progress report to gauge her progress. After completing the worksheet, Maura was happy to find out that her total estimated monthly retirement withdrawal — which includes her estimated monthly withdrawal from her plan, plus her estimated monthly Social Security benefit — corresponds pretty closely to her current monthly income. Now that Maura’s gotten a healthy report, should she stop or cut back on her contributions? Absolutely not. Maura plans to keep saving. © American Funds Distributors, Inc.

Now, let’s turn to Stephen. Stephen is 35 years old. He hopes to cut back on work and perhaps transition to a part-time position at some point. He’d love to spend some free time with friends and family and go on a road trip every now and then. Like some people, Stephen didn’t immediately start investing in his plan when he first became eligible to participate. He was busy paying off his credit card debt and student loans. As time passed, Stephen started putting 6% into his plan with every paycheck. Now he’s been contributing regularly for several years. However, unlike Maura, Stephen never thought about increasing his plan contributions. And he never checked his progress. Until now. © American Funds Distributors, Inc.

How does Stephen’s estimated monthly withdrawal compare with his current monthly income? It’s more. It’s less. [Note to financial professional: There are two versions of the progress report brochure: personalized and plan-level. The personalized one features an “estimated monthly retirement withdrawal from your plan” figure that’s based on each participant's current account data. The plan-level version uses plan-level information and a worksheet approach to help participants estimate their monthly retirement withdrawal. Therefore, the pages referenced in the Notes may not match the pages in your participants' brochure.] Like Maura, he completed the worksheet on pages 2 and 3 of this brochure. When he estimated his monthly retirement withdrawal, plus the monthly income he anticipated receiving from Social Security, Stephen had a rude awakening. He discovered that his total estimated monthly withdrawal in retirement was well below his current income. While it may be true that some individuals might be able to live in retirement on less money than they make in their preretirement years, Stephen feels uncomfortable with that possibility. © American Funds Distributors, Inc.

How does your estimated monthly withdrawal compare with your current monthly income? Is it more? Is it less? [Note to financial professional: Direct this question to audience. Refer to slide.] © American Funds Distributors, Inc.

Stephen Is Going to Save More
He wants to get back on track To close the income gap over time, Stephen understands that he must boost his contributions — and he intends to do so now. If you find yourself in a situation similar to Stephen’s, don’t be discouraged. Consider it a wake-up call. Let’s take a look at how increasing your contributions to the plan can help increase your savings over the long term. © American Funds Distributors, Inc.

A Little Can Go a Long Way
Get back on track If You Contribute 15% 10% 6% Contributions every two weeks $ 260 $ 173 $ 104 Contribution amount at year-end $ 6,750 $ 4,500 $ 2,700 Monthly retirement withdrawals In 10 years $ 345 $ 230 $ 138 In 20 years $ 1,112 $ 741 $ 445 In 30 years $ 2,816 $ 1,878 $ 1,127 The fact is, the amount of money you contribute to your plan has the greatest potential impact on your overall account balance — and on your monthly retirement withdrawal. Let’s look at this table. This table is based on a $45,000 annual salary. First, look at the column on the right. Let’s say you’ve contributed 6% of your salary. In 30 years, that could potentially add up to about $1,100 in monthly retirement withdrawals. Now, look at 10%. In 30 years, contributing 10% could potentially add up to more than $1,800 in monthly withdrawals at retirement. Of course, these examples are for illustrative purposes only and your results will differ. [NOTE TO FINANCIAL PROFESSIONAL: SAY THIS FOR PLANS WITH A MATCH] To help you build your nest egg, your employer will contribute [STATE THE MATCH FORMULA]. This is a benefit you should carefully consider. The example above assumes an annual salary of $45,000. Values are for illustrative purposes only and do not reflect the results of any particular investment, which will fluctuate with market conditions, or taxes that may be owed on tax-deferred contributions, including the 10% penalty for withdrawals taken before age 59½. An 8% average annual return rate, compounded every two weeks, is assumed. Monthly retirement withdrawal reflects an annual withdrawal rate of 4% of the account balance divided by 12. The estimate does not take into account certain factors, including changes to the employee contributions, required minimum distributions and post-retirement taxes. These are point-in-time views and as such do not take into account any growth or loss during retirement. Without investment growth/loss during retirement, a 4% annual withdrawal rate would deplete retirement savings in 25 years. Estimated withdrawal calculations are not intended to reflect actual results; your results may vary. Regular investing does not ensure a profit or protect against loss in a declining market. Please consult your financial professional for any questions you may have about your situation. For illustrative purposes only. Your experience may differ. © American Funds Distributors, Inc.

Review Your Investment Strategy
Is your portfolio right for you? Is Maura’s portfolio working? Yes. No. [Note to financial professional: The two versions of the progress report — personalized and plan-level — differ on pages 6 and 7. The personalized one features an asset allocation pie chart (if a participant’s birth date is known and individual funds are offered in the plan) that’s based on each participant's current account data. The plan-level version uses education material and a workbook approach to help participants evaluate their portfolio. Therefore, the pages referenced in the Notes may not match the pages in your participants' brochure.] Now, let’s move to the next step and take a look at Maura’s investment selections. She’s using the information on pages 6 and 7 to help her review her investment portfolio. As we mentioned earlier, Maura was a diligent saver from the start, ratcheting up her contribution level on a regular basis. However, over the years, Maura didn’t pay much attention to her investment choices. While her choices may have been right for her when she first enrolled more than 20 years ago, her investments may not be in sync with her current needs. © American Funds Distributors, Inc.

Is your portfolio right for you? Time horizon Risk tolerance Let’s take a moment and discuss what factors you should consider when evaluating your investment mix. In general, there are two key factors: Your time horizon and Your risk tolerance. Your time horizon is the number of years you have until you retire and begin making withdrawals. Your risk tolerance refers to your level of comfort with the inevitable ups and downs of the financial markets. This is a very personal issue. Some individuals accept risk with ease, while others are more risk-averse. [Optional: We have a simple worksheet to help you evaluate your risk tolerance and create a portfolio of investments. Completing it should take just a few minutes and it might give you some additional insights. If you’re interested, please see me after this meeting.] You’ll also want to think about any major life events that have occurred recently that could impact the makeup of your portfolio. Any significant changes like getting married or buying a house may require you to take a second look at your investment portfolio. If you've had any major life events, let’s talk after this meeting. I can help you evaluate whether making changes to your investment mix is advisable. © American Funds Distributors, Inc.

Is your portfolio right for you? Back to Maura. This pie chart shows her current mix of investments. Growth and growth-and-income funds, which typically have higher returns and higher volatility, make up 75% of her portfolio. Now that she’s closer to retirement, she may want to make some changes. © American Funds Distributors, Inc.

Is your portfolio right for you? [Note to financial professional: This slide should only be used with plans that include individual investments.] Your brochure includes information on these sample model portfolios. They’re based on an investor’s retirement time frame and take into account the historic returns of different investment types — growth, growth-and-income, equity-income/balanced and bond investments — commonly found in retirement plans. When reviewing these asset allocation models, Maura realizes that her investment mix resembles Model A. This model makes sense for younger investors who have a longer time horizon. Based on her current time horizon (she’s 55), Model B makes more sense for Maura. She wants to focus a bit more on investments with less risk — and on income and stability. Maura decides to make the changes needed to bring her current investments in line with the allocations in Model B. In addition, she will change how her future contributions are invested so that they too match Model B. Here’s a nice perk from Uncle Sam — since this is a retirement plan, Maura’s changes to her portfolio do not have tax consequences. If you need help evaluating your investment selections, please feel free to see me after this meeting. These models, developed by investment professionals at American Funds, emphasize an investor’s time horizon and take into account the historic returns of the different investment types (growth, growth-and-income, equity-income/balanced and bond investments). Specifically, the models seek to balance total return and stability over time. When evaluating particular asset allocation models for your individual situation, you should consider your risk tolerance, as well as other assets, income, and investments (e.g., equity in a home, Social Security benefits, individual retirement plan investments, savings accounts, and interests in other qualified and non-qualified plans) in addition to any investments in the plan. © American Funds Distributors, Inc.

Is your portfolio right for you? Is Stephen’s portfolio working? Yes. No. [Note to financial professional: The two versions of the progress report — personalized and plan-level — differ on pages 6 and 7. The personalized one features an asset allocation pie chart (if a participant’s birth date is known and individual funds are offered in the plan) that’s based on each participant's current account data. The plan-level version uses education material and a workbook approach to help participants evaluate their portfolio. Therefore, the pages referenced in the Notes may not match the pages in your participants' brochure.] Now let’s turn our attention to Stephen. He uses pages 6 and 7 in the brochure to check his investment selections. The information here helps him evaluate his selections to see if they’re in sync with his risk tolerance and time horizon. © American Funds Distributors, Inc.

Is your portfolio right for you? Each January, Stephen checked his investment selections and “rebalanced” his portfolio, as needed. This means that he’d adjust his allocations to his original allocations so that his overall portfolio was in line with his needs. This pie chart shows his current investment mix, which provides growth potential along with some stability. © American Funds Distributors, Inc.

Is your portfolio right for you? [Reminder to financial professional: This slide should only be used with plans that include individual investments.] When Stephen compares his current investment mix to his age-appropriate sample model — Model A — he sees that his investment allocations are fine. Therefore, Stephen decides not to make any changes to his investments now. If you’re comfortable with your current mix and it’s a good match for your time horizon and risk tolerance, then no changes may be needed. Just be sure to review your mix periodically. Choosing your investment mix is a very personal decision. It should be based on your specific goals, your comfort level with risk and your time horizon. For assistance with evaluating your investment options, please see me after this presentation. These models, developed by investment professionals at American Funds, emphasize an investor’s time horizon and take into account the historic returns of the different investment types (growth, growth-and-income, equity-income/balanced and bond investments). Specifically, the models seek to balance total return and stability over time. When evaluating particular asset allocation models for your individual situation, you should consider your risk tolerance, as well as other assets, income, and investments (e.g., equity in a home, Social Security benefits, individual retirement plan investments, savings accounts, and interests in other qualified and non-qualified plans) in addition to any investments in the plan. © American Funds Distributors, Inc.

Is your portfolio right for you? Is your portfolio working? Yes. No. [Note to financial professional: Direct this question to audience. Refer to slide.] © American Funds Distributors, Inc.

Consider a Target Date Fund
Choosing one is easy [Note to financial professional: Only use this slide if the plan offers target date funds.] There’s another route you can take when evaluating your investments — target date funds. A target date fund is a ready-made portfolio of investments so you only need to select one. Your plan offers a number of target date funds, but you need to choose just one from this table [gesture to slide]. Simply find the year you were born and the year in which you think you’ll retire and begin withdrawing money and match it with the corresponding fund. Although the target date funds are managed for investors on a projected retirement date time frame, the funds’ allocation approach does not guarantee that investors’ retirement goals will be met. The funds emphasize growth when retirement is years away and become increasingly income-oriented as the target date approaches. Some target date funds will continue to be managed professionally years beyond the projected target retirement date. If you’ve already chosen a target date fund, be sure that it remains in sync with your intended date of retirement. If you’ve reconsidered when you want to retire, you may want to reconsider your fund selection as well. © American Funds Distributors, Inc.

Take Action Make changes to pursue your goals
Now that Maura and Stephen have completed their progress reports and found out where they stand in relation to their retirement goals, they’re both making some changes. So how can they take action? How can they increase their contributions? Or change their investments? Here’s how Maura and Stephen — and you — can implement any changes: By form — Complete the form at the back of the progress report. You can hand it in to me after this meeting. [If applicable] By phone — You may call [telephone number]. On the internet — Please visit [web address]. © American Funds Distributors, Inc.

Questions and Answers How can I help you? I’m here to help you.
Any questions on the material we covered today? We’ve covered a lot of ground today and presented information that may take some time to absorb. Please see me after this meeting if you have questions. Or, if you’d like, we can set up a time to meet one on one to discuss your situation. © American Funds Distributors, Inc.

You Are Here Take action to move toward your goal
I hope you’ve found this progress report to be helpful. I want to close with this image from the cover of your progress report. [Gesture to the slide.] “You Are Here.” Now where do you want to go? I encourage all of you to take the next steps to move closer to your retirement goals. Thank you for joining me today. © American Funds Distributors, Inc. -

Important Information
A program of regular investing does not ensure a profit or protect against loss, and you should consider your willingness to keep investing when mutual fund share prices are declining. When choosing your investments, you should also take into account your risk tolerance as well as your other assets and any investments outside the plan, such as your home equity, IRAs and savings accounts. Sample models, developed by investment professionals at American Funds, emphasize an investor’s time horizon and take into account the historic returns of different types of investments (growth, growth and income, equity income/balanced and bond). Specifically, the models seek to balance total return and stability over time. Although the target date funds are managed for investors on a projected retirement date time frame, the funds’ allocation approach does not guarantee that your retirement goals will be met. The target date is the year in which an investor is assumed to retire and begin taking withdrawals. Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the funds’ prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing. [Note to financial professional: Please give audience time to read important information.] © American Funds Distributors, Inc.

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