For creating a sound investment strategy.
|
|
- Christine McKinney
- 5 years ago
- Views:
Transcription
1 Five Rules For creating a sound investment strategy. 5 Part one of the two-part guide series Saving Smart for Retirement. The most important decision you will probably ever make concerns the balancing of asset categories (stocks, bonds, real estate, money market securities, etc.) at different stages of your life. Professor Burton Malkiel of Princeton University, author of A Random Walk Down Wall Street, and former member of the Council of Economic Advisors 2016 Capital One. Capital One and ShareBuilder 401k are federally registered service marks. All rights reserved. Advisory services are provided by Capital One Advisors, LLC, an SEC registered investment advisor and a subsidiary of Capital One Financial Corporation. ShareBuilder 401k and Spark 401k are the marketing names for Capital One Advisors, LLC. Securities and services are: Not FDIC insured Not bank guaranteed May lose value Not a deposit Not Insured by any Federal Government Agency
2 Saving is about much more than money. It s about peace of mind. The kind that comes from knowing that you ll be able to retire in comfort. And have the resources you need to weather life s storms, provide for your family, and turn your dreams into reality. What s the best way to go about saving for today and tomorrow? You ll find specific answers in this easyto-read guide from ShareBuilder 401k. We hope you enjoy it and that you find it of real value. We also invite you to read our companion guide titled Six Rules for Making Smart Investment Choices. It was designed to help you make appropriate investment selections. An important word about risk: It s important to remember that investing in stocks involves risk. Markets are unpredictable and may or may not act in the future the way they have in the past. However, we believe that by following sound principles and applying them consistently over time, you can get on track to meet your goals and achieve financial peace of mind.
3 Reaching your financial goals may be easier than you think. This guide was designed to provide you with a simple, practical, common-sense investment strategy. In it, we explain: Why it s so important to start saving early Why diversified, low-expense investment options can better help you build a comfortable nest egg Why asset allocation decisions are crucial (asset allocation simply refers to how you divide your money among investment types) How investing on autopilot can help you reach your investment goals
4 Planning for retirement: how much will you need to save? Decisions about how much to save depend on your retirement goals. You may want to retain your current standard of living through your retirement years. Or perhaps you hope to travel, or leave something to your children or grandchildren. Many financial experts believe that you will need 75% of your current annual income for every year of retirement, or a total of eight to ten times your current annual income (for those in established careers). An easy way to make a quick estimate of the total amount you ll need in retirement is to multiply your current salary by 9. These calculations, of course, are simply starting points. Every person s situation and goals are different. Because health care costs are rising, Americans are living longer, and the future of Social Security is in question, you may need more than 75% of your current income each year after you retire. This means you should set a target of at least 75% and then make adjustments based on your personal goals. To help get you on your way to achieving your savings goals, let s take a closer look at the market.
5 An important fact: the U.S. stock market has outperformed other investment types over time. That s right. Since 1926, U.S. stocks have delivered 9.9% returns, bonds 5.4%, and cash 3.6%. 1 This is why, depending on how long you have until retirement, you may want to invest a majority of your savings in stocks. The reason stocks typically wouldn t make up 100% of your portfolio is that they are more volatile, and there is no guarantee that they will continue to outperform other investment types in the future. Another related point: You may hear from a friend, or in the media, that a certain stock or mutual fund is outperforming the market. So you decide to chase good results and make an investment in that stock or fund. But after making the investment you find that its value starts to decrease. This happens quite often to investors who try to jump on the bandwagon. That s because by the time the secret is out and everyone knows the positive information, it s too late to make a profit. Or perhaps you ve heard about an equally powerful force called the reversion to the mean. This statistical rule says that a fund or asset class that outperforms the market for a period of time will underperform for another period of time. In other words, over the long run, the market will gravitate back towards its average (mean) results. To put it simply, today s media darlings are often tomorrow s fallen angels. 1 Source: Ibbotson Associates, a subsidiary of Morningstar Inc. The numbers referenced reflect returns for the S&P 500, U.S. government bonds, and cash from 1926 through It s important to remember that investing in stocks, bonds, and even money market instruments involves risk. Markets are unpredictable and may or may not act in the future the way they have in the past. Investing over time does not assure a profit or guarantee against a loss.
6 To build wealth, start now and save for the long run. 1RULE Starting young is the key to wealth accumulation and the smart way to grow your investments over time. Why is this true? Because time can have a surprisingly powerful effect on the size of your nest egg. To understand how invested savings can grow over time, let s take a look at Mary and Bill s retirement plans. Mary and Bill earn the exact same salary and share identical investment goals. Their investment returns are 8% per year every year after expenses. The only difference is one starts investing earlier than the other! Mary begins setting aside $3,000 a year in her company 401(k) at age 27. She contributes for 10 years and then stops saving completely. Bill waits until the age of 37 to start investing $3,000 a year in his 401(k), but he continues to invest for 30 consecutive years. Mary Bill $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $ This example compares how savings and returns placed in the same investment with different time horizons can grow over time and will differ over time. It assumes an 8.0% fixed annual rate of return. Your account may earn more or less. This is a hypothetical example only, and not a guarantee of future returns. Actual experience will vary with portfolio selections and changing market conditions. The total account balance does not take into account federal and state income taxes, which will be due upon withdrawal. Assets withdrawn before 59½ may incur a 10% tax penalty. Mary contributed $30K in total to her retirement plan, and has $510,089 at age 67. Starting ten years later, Bill contributed $90K three times as much! yet by age 67 has only saved $399,640.
7 Take advantage of the power of compounding. 2RULE The example in Rule #1 begins to illustrate the awesome power of compounding. Perhaps an easier way to see how savings grow over time is to look at a one-time investment of $1,000. In the chart below, you can see how just $1,000 compounds and shoots up the chart at the 10-, 20-, 30-, and 40-year marks: Getting a late start? You re in luck, there is help! 401(k)s allow people who are 50 or over to contribute more than those who are younger. In 2016, a person age 50 or over can contribute $18,000 annually plus an additional catch-up contribution of $6,000. $1,000 invested with 8% annual return 1 $25,000 $20,000 $15,000 $10,000 $5,000 $0 Year 10 Year 20 Year 30 Year 40 1 This example compares how a one-time investment of $1,000 can grow over time assuming an 8.0% fixed annual rate of return. Your account may earn more or less. This is a hypothetical example only, and not a guarantee of future returns. Actual experience will vary with portfolio selections and changing market conditions. The total account balance does not take into account federal and state income taxes, which will be due upon withdrawal. Assets withdrawn before 59½ may incur a 10% tax penalty.
8 3RULE Don t let fund expenses drag you down. The expenses your fund charges can be the biggest drag on your ability to grow your nest egg. Consider this fact: The average active U.S. mutual stock fund has an expense ratio of 1.52% 1. Let s assume that this year the stock market delivers its historical average of 10.4%. For your fund to meet the market average, your fund will need to return 11.92%. While some may brag that their funds beat the market this year, if you deduct fund costs, this may not be true at all. This is why it s so important to be aware of your fund s expenses and look at the prospectus. We offer index funds because they typically have low expense ratios. That s why we believe strongly in index-based investments called Exchange Traded Funds (ETFs). And for most 401(k)s, transaction fees don t apply. This helps to make ETFs very efficient investments. To give you an idea of how low expense ratios are for index-based investments, an ETF fund (such as SPDR, series 1) tracking the S&P 500 tends to carry an expense ratio of around 0.1%. We call that a market-efficient fund! 1 Source: Morningstar Inc., an investment research firm.
9 Use diversification* to balance risk and return. 4RULE The concept of diversification is both easy to understand and extremely important. There are three main asset classes: stocks, bonds, and cash. Owning any single stock or bond is more risky than owning many stocks or bonds. To diversify within an asset class, simply own many securities not just a few. Then consider the different asset classes you can choose from. Stocks, as an asset class, are the most volatile but have had the greatest returns over time. Bonds and cash follow. Because financial markets prosper or struggle, depending on economic circumstances, there is no guarantee of high future returns. Even wide diversification can t fully protect you against a declining market. But there s good news. Stocks and bonds do not always move together in lockstep and their volatility often differs. Therefore, holding a broad-based portfolio of different asset classes gives you wide diversification that can help to limit your risk. Thus, there are two key rules to follow: 1. Diversify within each asset class. Don t hold just one or two stocks. The risk is high that you will lose money versus a small chance that you will outperform the markets. Instead, choose an index fund or broad-based fund that covers a large swath of the market. Example: A diversified stock portfolio might include a 80% investment in a total U.S. market index fund and a 20% investment in a total international stock market fund. 2. Diversify across asset classes. This means you should choose to invest a percentage of your savings in each of the asset classes stock, bonds, and cash based on your personal comfort level. Example: A person who s 40, with a moderate tolerance for risk, might allocate 70% to stocks and 30% to bonds in their 401(k), and manage cash reserves in their personal money market account. *Diversification does not guarantee a profit or protect against market losses.
10 Make sure your assets are allocated correctly. 5RULE Asset allocation is technically just part of the diversification strategy discussed above. The important thing to know is that since the first asset allocation study was conducted in 1986, industry research and financial theory have continued to demonstrate that asset allocation has a greater influence on your portfolio s performance than the specific funds you select. 1 The important point is that you should really consider a percent to invest in each asset class (e.g. 60% stocks, 40% bonds). Your asset allocation needs to fit your goals, your comfort with market swings, and the time until you will use those funds. bonds The younger you are, the more time you have to travel through the market s ups and downs. A younger person should consider investing more in stocks upwards of 90% if she is in her mid-twenties with only 10% in bonds. stocks Conversely, a person who is 62 and plans on retiring in three years may be better served by a portfolio comprised of 60% in stocks and 40% in bonds. In general, most people want to keep more of their investments in stocks, given the asset class s long-term history of superior performance. Even at age 65 you may not have to access your stock funds for ten or twenty years or more, which means you may have a good chance of riding out storms in the market. With a good asset allocation plan, you can invest with confidence. Some providers offer tools like auto-rebalancing at no additional charge. They will automatically maintain the percent allocation you designate, making it easy to manage your plan. 1 Determinants of Portfolio Performance, by Gary Brinson, Randolph Hood, and Gilbert Beebower. Financial Analyst Journal. July/August 1986.
11 Let s summarize the keys to creating a sound investment strategy: 1. Start investing now 2. Time is your friend compounding can be huge 3. High costs are a drag on profits avoid them 4. Diversify, diversify, diversify 5. Manage asset allocation carefully By following these rules you can feel confident that you re building a solid investment plan for the long term. Stick with your strategy, avoid the herd s performance-chasing mentality, and you stand a great chance of weathering the inevitable storms. Read our companion guide: Six Rules for Making Smart Investment Choices It s loaded with practical, valuable information you can put to work immediately. If you haven t read it yet, you can download it now. Also you may want to check out our Savings Calculator. Want to learn even more? Then try these books: Bill Bernstein, The Four Pillars of Investing Burton Malkiel, A Random Walk Down Wall Street Larry Swedroe, The Only Guide to a Winning Investment Strategy You ll Ever Need
To making the most of your 401(k) program.
Nine Great STeps To making the most of your 401(k) program. 9 2016 Capital One. Capital One and ShareBuilder 401k are federally registered service marks. All rights reserved. Advisory services are provided
More informationStrategies for staying on track. Prepare yourself for the journey ahead
Strategies for staying on track Prepare yourself for the journey ahead TIAA and you: Working together to pursue a financially secure future At TIAA, our mission is simple: We re here to help our customers
More informationRBC retirement income planning process
Page 1 of 6 RBC retirement income planning process Create income for your retirement At RBC Wealth Management, we believe managing your wealth to produce an income during retirement is fundamentally different
More informationA Guide to Planning a Financially Secure Retirement
A Guide to Planning a Financially Secure Retirement The information presented here is for general reference only, and may or may not be appropriate for your specific situation. A conversation with a financial
More informationFive Simple Steps to a Retirement Plan
Retirement Five Simple Steps to a Retirement Plan Not FDIC Insured May Lose Value Not Bank Guaranteed OppenheimerFunds is not undertaking to provide impartial investment advice or to provide advice in
More informationUnderstanding Traditional and Roth IRAs Investor Guide
Retirement IRA Understanding Traditional and Roth IRAs Investor Guide Not FDIC Insured May Lose Value Not Bank Guaranteed Get Ready for Retirement... Your Way Forget rocking chairs and lingering sunsets.
More informationTHREE SIMPLE STEPS TO ENROLL
University of Minnesota Retirement Plans Complete the application Match the results Complete the quiz Retirement for U THREE SIMPLE STEPS TO ENROLL Need help? A Securian Plan Specialist can provide information
More informationCALM, COOL AND INVESTED
CALM, COOL AND INVESTED Staying on track to live the life you want This brochure provides year-end performance. When data for subsequent quarters are available, the brochure must be accompanied by a performance
More informationWhat Works. Our time-tested approach to investing is very straightforward. And we re ready to make it work for you. Three important steps.
What Works Our time-tested approach to investing is very straightforward. And we re ready to make it work for you. Three important steps. Ten effective principles. Three important steps. Ten effective
More informationRead slide / introduce seminar.
Read slide / introduce seminar. Introduce yourself as a Registered Representative of Voya Financial Partners or Voya Financial Advisers (as applicable). 1 Retirement Advisory Distribution and Tax Sheltered
More informationThe Value of Our Advisory Relationship SHORE WEALTH MANAGEMENT
The Value of Our Advisory Relationship SHORE WEALTH MANAGEMENT When you were younger, your financial needs were probably straightforward. Maybe you got a bonus from your employer and were looking to invest
More informationStrategies for staying on track to your retirement
Strategies for staying on track to your retirement TIAA-CREF and you: Planning an income for life For more than 90 years, we at TIAA-CREF have dedicated ourselves to helping those who serve the greater
More informationHELP FOR MIX-YOUR-OWN INVESTORS
HELP FOR MIX-YOUR-OWN INVESTORS How do I decide which investments are right for me? WRS provides a selection of investments which will allow you to put your money into a wide variety of investment choices.
More informationWill You Be Ready for Retirement? Prepare With Your Employer s Retirement Plan
Will You Be Ready for Retirement? Prepare With Your Employer s Retirement Plan AMERICANCENTURY.COM/WORKPLACE Will You Be Ready for Retirement? I ll start in a couple of years. I have plenty of time. I
More informationMapping the Road to Retirement
Mapping the Road to Retirement A Fidelity Perspective Steps You Can Take to Improve Your Retirement Readiness. Every one of us wants to look forward to a secure financial future. Many are taking steps
More informationLiving today while planning for tomorrow. UTC Employee Savings Plan Enrollment Guide TOTAL REWARDS
Living today while planning for tomorrow 2018 UTC Employee Savings Plan Enrollment Guide TOTAL REWARDS WHAT S INSIDE Why Save Now?...3 Steps To Getting Started STEP 1: Decide How Much To Save...4 STEP
More informationPeter Cosentino. CUSO Financial Services, L.P. NASA Federal Investment Center
Peter Cosentino CUSO Financial Services, L.P. NASA Federal Investment Center NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY. Disclaimer *Non-deposit investment
More informationHighlights of The Tax-Sheltered Annuity Program. The California State University
Highlights of The Tax-Sheltered Annuity Program The California State University Tax-Sheltered Annuity Program TABLE OF CONTENTS TSA Program Overview... 1 Saving Through the TSA Program... 2 Making Investment
More informationIf you are over age 50, you get another $5,500 in catch-up contributions. Are you taking advantage of that additional amount?
Let s start this off with the obvious. I am not a certified financial planner. I am not a certified investment counselor. Anything I know about investing, I ve learned by making mistakes, not by taking
More informationGuide to market volatility. Tips to help you understand the ups and downs of the market
Guide to market volatility Tips to help you understand the ups and downs of the market Volatility is the pulse of the market. If the financial markets have taught us anything over the long term, it is
More informationGuide to Retirement Plan Investing Basics
Guide to Retirement Plan Investing Basics WHAT S YOUR STRATEGY? Saving for retirement might be the most important thing you ever do with your money. When saving for retirement, you ll make some decisions
More informationWHETHER YOUR RETIREMENT IS 40 YEARS AWAY OR ON THE HORIZON, IT IS IMPORTANT TO TAKE STOCK OF YOUR SITUATION AND TAKE CHARGE.
WHETHER YOUR RETIREMENT IS 40 YEARS AWAY OR ON THE HORIZON, IT IS IMPORTANT TO TAKE STOCK OF YOUR SITUATION AND TAKE CHARGE. Industry professionals estimate that some Americans will spend nearly one third
More informationSmart Financial Strategies
Exploring your retirement possibilities. Smart Financial Strategies 01 Smart Financial Strategies Will you have enough? The changing face of retirement Increased life spans and earlier retirements are
More informationInnovative, flexible, low-cost retirement solution
TIAA-CREF Life Insurance Company Innovative, flexible, low-cost retirement solution The Intelligent Variable Annuity What s inside 1 Innovating to better meet your retirement needs 2 The reality of retirement
More informationUNITED METHODIST PERSONAL INVESTMENT PLAN (UMPIP) Saving for Your Future. a general agency of The United Methodist Church
UNITED METHODIST PERSONAL INVESTMENT PLAN (UMPIP) Saving for Your Future a general agency of The United Methodist Church 2 SAVING FOR YOUR FUTURE IS POSSIBLE... AND EVEN EASIER THAN YOU D THINK! UMPIP
More informationInvesting Essentials. Your dreams are too important to leave to chance
Investing Essentials Your dreams are too important to leave to chance Your investing goals are as unique as you are. Whether you re investing on your own or working with one of our Investment Consultants,
More information50% 21%of those INVESTING FOR YOU: 5 CRITICAL QUESTIONS FOR EVERY INVESTOR ... More. than
INVESTING FOR YOU: 5 CRITICAL QUESTIONS FOR EVERY INVESTOR People spend a lot of time worrying about finding the best investment. They pick a bond, mutual fund or stock and then second-guess themselves
More informationDetermining your investment mix
Determining your investment mix Ten minutes from now, you could know your investment mix. And if your goal is to choose investment options that you can be comfortable with, this is an important step. The
More informationUTC Employee Savings Plan Enrollment Guide
INVOLVED My Health My Wealth My Life UTC Employee Savings Plan Enrollment Guide 2011 Carrier Hamilton Sundstrand Otis Pratt & Whitney Sikorsky UTC Fire & Security UTC Power UTRC WHAT S INSIDE: WHY SAVE
More informationBuilding Your Future. with the Kohl s 401(k) Savings Plan. Kohl s supports planning for your financial future with increased confidence.
Building Your Future with the Kohl s 401(k) Savings Plan Kohl s supports planning for your financial future with increased confidence. FINANCIAL Me? Save for Retirement? YES. THE MOST IMPORTANT REASON
More informationDo I Really Need to Save for Retirement Now?
Do I Really Need to Save for Retirement Now? Retirement Savings Guide For TRS Participants YES! Start Early. As an employee of Barrow County School System, your retirement plan has three parts: Part 1:
More informationASSET ALLOCATION MADE EASY
ASSET ALLOCATION MADE EASY REACHING YOUR GOALS AT YOUR PACE Most people can rattle off their investment goals: retirement, college tuition, a new house. That s easy. What s harder is successfully reaching
More informationGetting on the Right Path with Your Workplace Savings Plan Boyce Brice January 18, 2016
Getting on the Right Path with Your Workplace Savings Plan Boyce Brice January 18, 2016 So, you re starting to think about saving for retirement Today s agenda: Steps to prioritizing your savings Benefits
More informationThe How Do I Save For Retirement Challenge
0278470-00003-00 Exp 12/12/2018 RSPP487 The How Do I Save For Retirement Challenge Presented by Dallas Chastain Place client logo here Magellan Health, Inc. Retirement Savings Plan This presentation is
More informationPlan for Your Future. Morgan Stanley Can Help You Achieve Your Financial Goals
Plan for Your Future Morgan Stanley Can Help You Achieve Your Financial Goals 2 MORGAN STANLEY 2016 What Are Your Hopes and Dreams? REGARDLESS OF WHAT STAGE YOUR LIFE IS IN moving ahead in your career,
More informationTARGET DATE RETIREMENT INCOME FUNDS. A Clearer View of Your Path to Retirement
TARGET DATE RETIREMENT INCOME FUNDS A Clearer View of Your Path to Retirement 2 Planning for your retirement can seem overwhelming. How should you save and invest today, and how much income will your savings
More informationEmpowering employees with Advice Access
RETIREMENT & BENEFIT PLAN SERVICES Workplace Insights Empowering employees with Advice Access According to a report, employees who enroll in 401(k) managed accounts are more likely to have greater success
More informationRETIREMENT STRATEGIES. Managing Your Retirement Assets
RETIREMENT STRATEGIES Managing Your Retirement Assets MANAGING YOUR RETIREMENT ASSETS Retirement now requires more from you in terms of planning and saving than ever before. But managing your assets doesn
More informationTake control of your future. The time is. now
Take control of your future The time is now 1 Participating in your employer-sponsored retirement plan is one of the best ways to 3 save for your future. And the time to save more is now. No doubt, you
More informationThe Real Story of Successful Retirement. Money isn t magic, it s what you do with money that is magic.
The Real Story of Successful Retirement. Money isn t magic, it s what you do with money that is magic. Money Moves, Jim Yockey, 1996 Discover how a single solution could address the five most important
More informationYour life. Your future. Your options.
Your life. Your future. Your options. Whether by chance or by choice, you have options. Explore them with Empower Retirement. Corporate Retirement Plan Participant Brochure You want to retire someday or
More informationActively planning for your retirement can be one of the most important choices you'll ever make.
Retirement Planning Actively planning for your retirement can be one of the most important choices you'll ever make. Many people underestimate how much money they will need to maintain their lifestyle
More informationWorkplace Retirement Plans
Workplace Retirement Plans Find the Plan That Best Fits Your Business PHOTO TO COME YOUR RETIREMENT A Retirement Plan for Your Business Makes Sense Small business retirement plans are good for you, your
More information#2 DECIDE HOW TO INVEST
#2 DECIDE HOW TO INVEST To decide how to invest, choose the investment option that best fits your personality and current situation. As your situation changes over time, you may want to consider changing
More informationProtective Variable Annuity Investors Series. Product Profile PAC.5076 (03.16)
Protective Variable Annuity Investors Series Product Profile PAC.5076 (03.16) Protect Tomorrow. Embrace Today.TM Facing the Retirement Savings Challenge We all know how important it is to save and grow
More informationFranklin Templeton 403(b) Plan EMPLOYEE S GUIDE
Franklin Templeton 403(b) Plan EMPLOYEE S GUIDE Franklin Templeton 403(b) Plan Roadmap to Retirement As an employee of a public school, church, hospital or other non-profit organization, 1 you have a unique
More informationDo I Really Need to Save for Retirement Now?
Do I Really Need to Save for Retirement Now? Retirement Savings Guide For PSERS Participants YES! Start Early. As an employee of Barrow County School System, your retirement plan has three parts: Part
More informationCHOOSING YOUR INVESTMENTS. Research Corporation of the University of Hawai'i
CHOOSING YOUR INVESTMENTS Research Corporation of the University of Hawai'i FOR ASSISTANCE CONTACT US TODAY FOR MORE INFORMATION, ADVICE OR HELP OPENING AN ACCOUNT, IT S EASY TO REACH US: BY PHONE Call
More informationyour future Know your risk tolerance FIN2-9
your future Know your risk tolerance What s your style? Before choosing where to invest, you should understand how much risk is right for you. By filling out this easy-to-use questionnaire, you can learn
More informationThe Wisconsin Deferred Compensation Program. Invest in Your Future While Reducing Your Taxes
The Wisconsin Deferred Compensation Program Invest in Your Future While Reducing Your Taxes Included in this booklet... Do you need to supplement your retirement income?..........................2 How
More informationINVEST IN TOMORROW. Prudential Managed Account. Strategic Portfolios
INVEST IN TOMORROW Prudential Managed Account Strategic Portfolios LINK by Prudential Connect the dots of your financial life. LINK by Prudential is designed to be there for you throughout your life, no
More informationPlan for Your Future. Make It Happen. Morgan Stanley can help you achieve your financial goals.
Plan for Your Future. Make It Happen. Morgan Stanley can help you achieve your financial goals. What Are Your Hopes and Dreams? Regardless of what stage of life you re currently in moving ahead in your
More informationGetting Ready to Retire
How to Prepare for Your Retirement A GUIDE TO: Getting Ready to Retire EDUCATION GUIDE Create a plan now for a more comfortable retirement If you re five years or less from retirement, now is the time
More informationWhy Flagstar Bank for your Retirement Planning Needs?
Section I Why Flagstar Bank for your Retirement Planning Needs? Section I Est. 1987 Member FDIC Page 1 Why Flagstar Bank when saving for retirement? We all understand the importance of saving for retirement.
More informationGetting to know your employer s retirement plan
Getting to know your employer s retirement plan It s About You If you re the independent type, you can do your own thing. If you want some help, tools are available to assist you. Confused about investing?
More informationYOU ARE NOT ALONE Hello, my name is <name> and I m <title>.
So I know why you re here: I bet you ve got some questions about your money: what to do with it, how to make the most of it and how to hopefully get more of it. You ve got questions and the good news is
More informationYour 2014 Guide to Registered Retirement Savings Plans (RRSPs)
haring ideas about money, health and family Your 2014 Guide to Registered Retirement avings Plans (RRPs) imply put Brought you by even simple things you need to know about RRPs: 1 2 3 4 5 6 7 What is an
More informationDetermining Your Investor Risk Profile
Asset Allocation Risk Profile Questionnaire Determining Your Investor Risk Profile Accumulate Grow your wealth while managing risk. Plan Protect Access NOT A DEPOSIT NOT FDIC INSURED NOT GUARANTEED BY
More informationRetirement Planning Newsletter Winter 2017
Retirement Planning Newsletter Winter 2017 Winter has once again arrived, with its colder weather and that nesting feeling. It s a great time to think about your savings, and how you can make it last for
More information10 Steps to a SUCCESSFUL RETIREMENT. Chris O Dell. Compliments of
10 Steps to a SUCCESSFUL RETIREMENT Compliments of Chris O Dell Are you approaching retirement? You ve probably been planning for retirement in some way, shape or form for many years. Maybe you participate
More informationCARING FOR TOMORROW BEGINS TODAY
CARING FOR TOMORROW BEGINS TODAY ENROLLMENT OVERVIEW FOR CRAWFORD MEMORIAL HOSPITAL RETIREMENT PLAN TO PROVIDE CARE FOR YOUR TOMORROW, YOU CAN BEGIN TODAY. What do you see yourself doing when you retire?
More informationYour Asset Allocation: The Sound Stewardship Portfolio Construction Methodology Explained
Your Asset Allocation: The Sound Stewardship Portfolio Construction Methodology Explained Author: Dan Weeks, CFP At Sound Stewardship, we take a principled approach to investing. That means our investment
More informationMy retirement, March 18 April 15, Explore Compare Choose. Retirement Choice Decision Guide For Johns Hopkins University Support Staff
My retirement, Retirement Choice Decision Guide For Johns Hopkins University Support Staff March 18 April 15, 2011 Explore Compare Choose You need to make an important decision regarding your retirement
More informationRetirement by the Numbers. Calculating the retirement that s right for you
Retirement by the Numbers Calculating the retirement that s right for you Retirement should equal success Your retirement is likely the biggest investment you ll make in life. So it s important to carefully
More informationSecureLiving Index 10 Plus
SecureLiving Index 10 Plus Prepare for the unpredictable. I am going to retire at 67. 62 124767ICCCM 12/03/12 Individual Single Premium Deferred Annuity Issued by Genworth Life and Annuity Insurance Company
More informationINVESTING FOR YOUR FINANCIAL FUTURE
INVESTING FOR YOUR FINANCIAL FUTURE Saving now, while time is on your side, can help provide you with freedom to do what you want later in life. B B INVESTING FOR YOUR FINANCIAL FUTURE YOUR FINANCIAL FUTURE
More informationDistributions from your employersponsored. retirement plan. Allianz Life Insurance Company of North America Allianz Life Insurance Company of New York
Distributions from your employersponsored retirement plan Understanding your options Allianz Life Insurance Company of North America Allianz Life Insurance Company of New York AMK-068-N Page 1 of 12 Your
More informationPACE. The mutual fund program that gives you personalized asset consulting and evaluation
ab PACE The mutual fund program that gives you personalized asset consulting and evaluation PACE is a non-discretionary mutual fund asset allocation program in which the ongoing advice of your UBS Financial
More informationWhere should my money go First? Here s advice from the financial professionals at Schwab.
Where should my money go First? Here s advice from the financial professionals at Schwab. Start with the basics. In an ideal world, you d have enough money to pay all your bills and save for retirement
More informationSTRATEGIES FOR ACHIEVING YOUR INVESTMENT GOALS. Asset Allocation, Diversification, and Risk
STRATEGIES FOR ACHIEVING YOUR INVESTMENT GOALS Asset Allocation, Diversification, and Risk WHAT IS ASSET ALLOCATION? WHAT IS DIVERSIFICATION? UNDERSTANDING RISK AND RETURN DIVERSIFICATION HELPS MANAGE
More information#2 DECIDE HOW TO INVEST
#2 DECIDE HOW TO INVEST To decide how to invest, choose the investment option that best fits your personality and current situation. As your situation changes over time, you may want to consider changing
More informationPROJECT PRO$PER. The Basics of Building Wealth
PROJECT PRO$PER PRESENTS The Basics of Building Wealth Investing and Retirement Participant Guide www.projectprosper.org www.facebook.com/projectprosper Based on Wells Fargo's Hands on Banking The Hands
More informationTAKE CHARGE OF YOUR RETIREMENT.
TAKE CHARGE OF YOUR RETIREMENT. Make it personal. And keep it on target. That s what Target Retirement s are designed to do make it easier to invest properly during your working years and help you achieve
More informationDiocese of Lafayette. Believe. in your future. The Diocese of Lafayette 403(b) Plan Enrollment Overview
Diocese of Lafayette Believe in your future The Diocese of Lafayette 403(b) Plan Enrollment Overview Believe in your future Reaching your retirement goals can take a lot of preparation. Some investment
More informationPreparing Your Savings for Retirement Miguel Salazar
Preparing Your Savings for Retirement Miguel Salazar The Retirement Income Series Part 1: Preparing Your Savings for Retirement Identify sources of income, including Social Security Assess the impact of
More informationCOLLEGE WILL NOT BE EASY, BUT SAVING FOR IT CAN BE.
COLLEGE WILL NOT BE EASY, BUT SAVING FOR IT CAN BE. Why save for college.............. 2 Power of compounding........... 3 Plan highlights..................... 4 Broad investment options........ 6 Other
More informationYour 401(k) Earns You Free Money!
401(k) Guide Your 401(k) Earns You Free Money! SURPRISED? WHEN YOU PARTICIPATE IN THE LARRY H. MILLER ASSOCIATES RETIREMENT PLAN, YOU CAN RECEIVE MATCHING COMPANY DOLLARS TO GROW YOUR 401(k). THIS IS A
More informationWhat Is Investing? Why invest?
Chuck Brock, PhD, LUTCF, RFC Managing Partner Grace Capital Management Group, LLC Investment Advisor 13450 Parker Commons Blvd. Suite 101 239-481-5550 chuckb@gracecmg.com www.gracecmg.com Investment Basics
More informationChoosing Your Investments
Choosing Your Investments Utica College FOR ASSISTANCE CONTACT US TODAY For more information, advice or help opening an account, it s easy to reach us: BY PHONE Call us at 800 TIAA-CREF (800 842-2273)
More informationHi, I m Gary Gamma from Vanguard, and if you re like me, you dream of retiring one day.
Hi, I m Gary Gamma from Vanguard, and if you re like me, you dream of retiring one day. Most of us do. We look forward to a time when we can say goodbye to the daily grind and enjoy a more relaxed schedule,
More informationLearn how to prepare for retirement. Investor education
Learn how to prepare for retirement Investor education Soon you ll embark on one of the biggest changes in your life...... the transition to retirement. When you retire, you ll be spending your nest egg
More informationSERVING A STRONG FUTURE
ENROLLMENT OVERVIEW SERVING A STRONG FUTURE HPOU 457 DEFERRED COMPENSATION PLAN PRODUCTS AND FINANCIAL SERVICES PROVIDED BY AMERICAN UNITED LIFE INSURANCE COMPANY, A ONEAMERICA COMPANY PREPARE FOR YOUR
More informationUBS Financial Services Inc. Retirement Plan Asset Allocation Guide
ab UBS Financial Services Inc. Retirement Plan Asset Allocation Guide Planning how to invest for your retirement may be one of the most important decisions you ll ever make. Asset allocation is a strategy
More informationERIE COUNTY. New York. Enrollment Brochure
ERIE COUNTY New York Enrollment Brochure Erie County is dedicated to the health and wellness of our community and your retirement. The Erie County 457(b) Deferred Compensation Plan The future is yours
More informationWe re here for you every step of the way
Connect with Vanguard > vanguard.com > 800-750-1520 All investing is subject to risk, including the possible loss of the money you invest. Diversification does not ensure a profit or protect against a
More informationThe benefits of core-satellite investing
The benefits of core-satellite investing Contents 1 Core-satellite: A powerful investment approach 3 The key benefits of indexing the portfolio s core 6 Core-satellite methodology Core-satellite: A powerful
More informationSix Keys to More Successful Investing
Financial Advisor Six Keys to More Successful Investing Page 1 of 5, see disclaimer on final page Six Keys to More Successful Investing A successful investor maximizes gain and minimizes loss. Though there
More information403(b) PLAN. Employee Guidebook. Welcome Building retirement savings Options for investing You have control Open your account CONTENTS
403(b) PLAN CONTENTS Employee Guidebook WELCOME. One of the main reasons your employer chose T. Rowe Price as an investment provider for your 403(b) plan is because we ve established a reputation for competitive
More informationYour Future, Your Choice
Your Future, Your Choice Kansas Board of Regents Mandatory Retirement Plan Emporia State University Fort Hays State University Kansas State University Pittsburg State University University of Kansas University
More informationRetirement Income Planning With Annuities. Your Relationship With Your Finances
Retirement Income Planning With Annuities SAMPLE Your Relationship With Your Finances E SA MP L There are some pretty amazing things that happen around the time of retirement. For many, it is a time of
More informationA Planning Guide for Participants Nearing Retirement
A Planning Guide for Participants Nearing Retirement What are your plans for retirement? For some, retirement is about living out dreams they didn t have time for during their working years. For others,
More informationMaineSTART - Saving Today to Afford Retirement Tomorrow. A penny saved is a penny earned. - Benjamin Franklin. A MainePERS Program
A penny saved is a penny earned - Benjamin Franklin A MainePERS Program APRIL 2019 Why Save? While many of us talk about retirement, the truth is that too many of us don t do enough to plan for our retirement.
More informationNotes and Reading Guide Chapter 11 Investment Basics
Notes and Reading Guide Chapter 11 Investment Basics Name: 1. Your investing goals should be to your money and. It is important to understand investing from a perspective. A solid grounding in investing
More informationRetirement Guide: Saving and Planning
Retirement Guide: Saving and Planning It s Never Too Early to Start What You Need to Know About Saving for Retirement Many of us don t realize how much time we may spend in retirement. In fact, statistics
More informationDiversified Stock Income Plan
Joseph E. Buffa, Equity Sector Analyst Michael A. Colón, Equity Sector Analyst Diversified Stock Income Plan 2017 Concept Review The Diversified Stock Income Plan (DSIP List) focuses on companies that
More informationTotal your Time Horizon points: MUGC9288. RISK TOLERANCE The risk you are willing to take in exchange for the possibility of a greater return.
If you re planning to retire in five years or less, your personal situation may require more detailed planning and analysis. Please consult your personal financial advisor. ASSESSMENT In order to choose
More informationon my terms SecureLiving Index 5 I am going to be ready for retirement. Prepare for the unpredictable. Individual Single Premium Deferred Annuity
SecureLiving Index 5 Prepare for the unpredictable. I am going to be ready for retirement. on my terms 155106CM 06/18/13 Individual Single Premium Deferred Annuity Issued by Genworth Life and Annuity Insurance
More informationR. Karras, Asset Management & Planning, LLC
"Are we the missing piece of your financial picture?" Planner Selection Process & Scope of Investment Understanding For clients of R. KARRAS, ASSET MANAGEMENT & PLANNING, LLC R. Karras, Asset Management
More informationCheck in to. your future. Enrollment Overview Crestline Hotels & Resorts, LLC Retirement and Savings Plan
Check in to your future Enrollment Overview Crestline Hotels & Resorts, LLC Retirement and Savings Plan Check in to your future! You spend your time every day caring for our guests. But are you taking
More informationSet Yourself Up for Retirement Success
Set Yourself Up for Retirement Success Key decisions can help you and your loved ones plan ahead to make your retirement work After years in the workforce, you may be daydreaming about your retirement.
More information