Financial Goal Plan...Financial Goal Plan Prepared by: Joe Advisor Financial Consultant Table Of Contents IMPORTANT DISCLOSURE INFORMATION 1 - 10 Executive Summary Executive Summary

Tom and Jane Whitaker

July 16, 2014

Financial Goal Plan

Prepared by:

Joe AdvisorFinancial Consultant

Table Of Contents

IMPORTANT DISCLOSURE INFORMATION 1 - 10

Executive Summary

Executive Summary 11 - 16

Summary of Goals and Resources

Personal Information and Summary of Financial Goals 17 - 18

Current Financial Goals Graph 19

Net Worth Summary - All Resources 20

Resources Summary 21 - 22

Insurance Inventory 23

Risk and Portfolio Information

Risk Assessment 24

Results

Results - Current and Recommended 25 - 27

Risk Management

Life Insurance Needs Analysis 28

Life Insurance Needs Analysis Detail 29 - 31

IMPORTANT DISCLOSURE INFORMATION

07/16/2014

Prepared for : Tom and Jane Whitaker Company Name : PIEtech Prepared by: Joe Advisor

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The return assumptions in MoneyGuidePro are not reflective of any specific product, and donot include any fees or expenses that may be incurred by investing in specific products. Theactual returns of a specific product may be more or less than the returns used inMoneyGuidePro. It is not possible to directly invest in an index. Financial forecasts, rates ofreturn, risk, inflation, and other assumptions may be used as the basis for illustrations. Theyshould not be considered a guarantee of future performance or a guarantee of achievingoverall financial objectives. Past performance is not a guarantee or a predictor of futureresults of either the indices or any particular investment.

IMPORTANT: The projections or other information generated by MoneyGuidePro regardingthe likelihood of various investment outcomes are hypothetical in nature, do not reflectactual investment results, and are not guarantees of future results.

MoneyGuidePro results may vary with each use and over time.

Information that you provided about your assets, financial goals, and personal situation arekey assumptions for the calculations and projections in this Report. Please review theReport sections titled "Personal Information and Summary of Financial Goals", "CurrentPortfolio Allocation", and "Tax and Inflation Options" to verify the accuracy of theseassumptions. If any of the assumptions are incorrect, you should notify your financialadvisor. Even small changes in assumptions can have a substantial impact on the resultsshown in this Report. The information provided by you should be reviewed periodically andupdated when either the information or your circumstances change.

Information Provided by You

MoneyGuidePro Assumptions and Limitations

All asset and net worth information included in this Report was provided by you or yourdesignated agents, and is not a substitute for the information contained in the officialaccount statements provided to you by custodians. The current asset data and valuescontained in those account statements should be used to update the asset informationincluded in this Report, as necessary.

Assumptions and Limitations

MoneyGuidePro offers several methods of calculating results, each of which provides oneoutcome from a wide range of possible outcomes. All results in this Report are hypotheticalin nature, do not reflect actual investment results, and are not guarantees of future results.All results use simplifying assumptions that do not completely or accurately reflect yourspecific circumstances. No Plan or Report has the ability to accurately predict the future. Asinvestment returns, inflation, taxes, and other economic conditions vary from theMoneyGuidePro assumptions, your actual results will vary (perhaps significantly) from thosepresented in this Report.

All MoneyGuidePro calculations use asset class returns, not returns of actual investments.The projected return assumptions used in this Report are estimates based on average annualreturns for each asset class. The portfolio returns are calculated by weighting individualreturn assumptions for each asset class according to your portfolio allocation. The portfolioreturns may have been modified by including adjustments to the total return and theinflation rate. The portfolio returns assume reinvestment of interest and dividends at netasset value without taxes, and also assume that the portfolio has been rebalanced to reflectthe initial recommendation. No portfolio rebalancing costs, including taxes, if applicable,are deducted from the portfolio value. No portfolio allocation eliminates risk or guaranteesinvestment results.

MoneyGuidePro does not provide recommendations for any products or securities.


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Projected Return AssumptionAsset Class

Cash & Cash Alternatives 3.00%

Cash & Cash Alternatives (Tax-Free) 2.50%

Short Term Bonds 3.50%

Short Term Bonds (Tax-Free) 3.00%

Intermediate Term Bonds 3.50%

Intermediate Term Bonds (Tax-Free) 3.00%

Long Term Bonds 2.50%

Long Term Bonds (Tax-Free) 2.50%

Large Cap Value Stocks 8.00%

Large Cap Growth Stocks 7.00%

Mid Cap Stocks 7.50%

Small Cap Stocks 8.00%

International Developed Stocks 7.50%

International Emerging Stocks 9.00%


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Risks Inherent in Investing

Investing in fixed income securities involves interest rate risk, credit risk, and inflation risk.Interest rate risk is the possibility that bond prices will decrease because of an interest rateincrease. When interest rates rise, bond prices and the values of fixed income securities fall.When interest rates fall, bond prices and the values of fixed income securities rise. Creditrisk is the risk that a company will not be able to pay its debts, including the interest on itsbonds. Inflation risk is the possibility that the interest paid on an investment in bonds willbe lower than the inflation rate, decreasing purchasing power.

Cash alternatives typically include money market securities and U.S. treasury bills. Investingin such cash alternatives involves inflation risk. In addition, investments in money marketsecurities may involve credit risk and a risk of principal loss. Because money marketsecurities are neither insured nor guaranteed by the Federal Deposit Insurance Corporationor any other government agency, there is no guarantee the value of your investment will bemaintained at $1.00 per share. U.S. Treasury bills are subject to market risk if sold prior tomaturity. Market risk is the possibility that the value, when sold, might be less than thepurchase price.

Investing in stock securities involves volatility risk, market risk, business risk, and industryrisk. The prices of most stocks fluctuate. Volatility risk is the chance that the value of a stockwill fall. Market risk is chance that the prices of all stocks will fall due to conditions in theeconomic environment. Business risk is the chance that a specific company’s stock will fallbecause of issues affecting it. Industry risk is the chance that a set of factors particular to anindustry group will adversely affect stock prices within the industry. (See “Asset Class –Stocks” in the Glossary section of this Important Disclosure Information for a summary ofthe relative potential volatility of different types of stocks.)

International investing involves additional risks including, but not limited to, changes incurrency exchange rates, differences in accounting and taxation policies, and political oreconomic instabilities that can increase or decrease returns.

Report Is a Snapshot and Does Not Provide Legal, Tax, or Accounting Advice

This Report provides a snapshot of your current financial position and can help you to focuson your financial resources and goals, and to create a plan of action. Because the resultsare calculated over many years, small changes can create large differences in future results.You should use this Report to help you focus on the factors that are most important to you.This Report does not provide legal, tax, or accounting advice. Before making decisions withlegal, tax, or accounting ramifications, you should consult appropriate professionals foradvice that is specific to your situation.

MoneyGuidePro Methodology

MoneyGuidePro offers several methods of calculating results, each of which provides oneoutcome from a wide range of possible outcomes. The methods used are: “AverageReturns,” “Historical Test,” “Historical Rolling Periods,” “Bad Timing,” “Class Sensitivity,”and “Monte Carlo Simulations.” When using historical returns, the methodologies availableare Average Returns, Historical Test, Historical Rolling Periods, Bad Timing, and Monte CarloSimulations. When using projected returns, the methodologies available are AverageReturns, Bad Timing, Class Sensitivity, and Monte Carlo Simulations.

Results Using Average Returns

The Results Using Average Returns are calculated using one average return for yourpre-retirement period and one average return for your post-retirement period. AverageReturns are a simplifying assumption. In the real world, investment returns can (and oftendo) vary widely from year to year and vary widely from a long-term average return.

Results Using Historical Test

Results Using Historical Rolling Periods

The Results Using Historical Rolling Periods is a series of Historical Tests, each of which usesthe actual historical returns and inflations rates, in sequence, from a starting year to anending year, and assumes that you would receive those returns and inflation rates, insequence, from this year through the end of your Plan. If the historical sequence is shorterthan your Plan, the average return for the historical period is used for the balance of thePlan.

Indices in Results Using Historical Rolling Periods may be different from indices used in otherMoneyGuidePro calculations. Rolling Period Results are calculated using only three assetclasses -- Cash, Bonds, and Stocks. The indices used as proxies for these asset classes whencalculating Results Using Historical Rolling Periods are:

• Cash - Ibbotson U.S. 30-day Treasury Bills (1926-2013)

• Bonds - Ibbotson Intermediate-Term Government Bonds - Total Return (1926-2013)

• Stocks - Ibbotson Large Company Stocks - Total Return (1926-2013)

The Results Using Historical Test are calculated by using the actual historical returns andinflation rates, in sequence, from a starting year to the present, and assumes that youwould receive those returns and inflation rates, in sequence, from this year through the endof your Plan. If the historical sequence is shorter than your Plan, the average return for thehistorical period is used for the balance of the Plan. The historical returns used are those ofthe broad-based asset class indices listed in this Important Disclosure Information.


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Results with Bad Timing

Results with Bad Timing are calculated by using low returns in one or two years, andaverage returns for all remaining years of the Plan. For most Plans, the worst time for lowreturns is when you begin taking substantial withdrawals from your portfolio. The Resultswith Bad Timing assume that you earn a low return in the year(s) you select and then anAdjusted Average Return in all other years. This Adjusted Average Return is calculated sothat the average return of the Results with Bad Timing is equal to the return(s) used incalculating the Results Using Average Returns. This allows you to compare two results withthe same overall average return, where one (the Results with Bad Timing) has low returns inone or two years.

When using historical returns, the default for one year of low returns is the lowest annualreturn in the historical period you are using, and the default for two years of low returns isthe lowest two-year sequence of returns in the historical period. When using projectedreturns, the default for the first year of low returns is two standard deviations less than theaverage return, and the default for the second year is one standard deviation less than theaverage return.

Results Using Class Sensitivity

The Results Using Class Sensitivity are calculated by using different return assumptions forone or more asset classes during the years you select. These results show how your Planwould be affected if the annual returns for one or more asset classes were different thanthe average returns for a specified period in your Plan.

Results Using Monte Carlo Simulations

Monte Carlo simulations are used to show how variations in rates of return each year canaffect your results. A Monte Carlo simulation calculates the results of your Plan by runningit many times, each time using a different sequence of returns. Some sequences of returnswill give you better results, and some will give you worse results. These multiple trialsprovide a range of possible results, some successful (you would have met all your goals) andsome unsuccessful (you would not have met all your goals). The percentage of trials thatwere successful is the probability that your Plan, with all its underlying assumptions, couldbe successful. In MoneyGuidePro, this is the Probability of Success. Analogously, thepercentage of trials that were unsuccessful is the Probability of Failure. The Results UsingMonte Carlo Simulations indicate the likelihood that an event may occur as well as thelikelihood that it may not occur. In analyzing this information, please note that the analysisdoes not take into account actual market conditions, which may severely affect theoutcome of your goals over the long-term.

MoneyGuidePro uses a specialized methodology called Beyond Monte Carlo™, a statisticalanalysis technique that provides results that are as accurate as traditional Monte Carlosimulations with 10,000 trials, but with fewer iterations and greater consistency. BeyondMonte Carlo™ is based on Sensitivity Simulations, which re-runs the Plan only 50 to 100times using small changes in the return. This allows a sensitivity of the results to becalculated, which, when analyzed with the mean return and standard deviation of theportfolio, allows the Probability of Success for your Plan to be directly calculated.

MoneyGuidePro Presentation of Results

The Results Using Average Returns, Historical Test, Historical Rolling Periods, Bad Timing,and Class Sensitivity display the results using an “Estimated % of Goal Funded” and a“Safety Margin.”

Estimated % of Goal Funded

For each Goal, the “Estimated % of Goal Funded” is the sum of the assets used to fund theGoal divided by the sum of the Goal’s expenses. All values are in current dollars. A result of100% or more does not guarantee that you will reach a Goal, nor does a result under100% guarantee that you will not. Rather, this information is meant to identify possibleshortfalls in this Plan, and is not a guarantee that a certain percentage of your Goals will befunded. The percentage reflects a projection of the total cost of the Goal that was actuallyfunded based upon all the assumptions that are included in this Plan, and assumes that youexecute all aspects of the Plan as you have indicated.

Safety Margin

The Safety Margin is the estimated value of your assets at the end of this Plan, based on allthe assumptions included in this Report. Only you can determine if that Safety Margin issufficient for your needs.

Bear Market Loss and Bear Market Test

The Bear Market Loss shows how a portfolio would have been impacted during the worstbear market since the Great Depression. Depending on the composition of the portfolio,the worst bear market is either the "Great Recession" or the "Bond Bear Market."

The Great Recession, from November 2007 through February 2009, was the worst bearmarket for stocks since the Great Depression. In MoneyGuidePro, the Great RecessionReturn is the rate of return, during the Great Recession, for a portfolio comprised of cash,bonds, stocks, and alternatives, with an asset mix equivalent to the portfolio referenced.


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The Bond Bear Market, from July 1979 through February 1980, was the worst bear marketfor bonds since the Great Depression. In MoneyGuidePro, the Bond Bear Market Return isthe rate of return, for the Bond Bear Market period, for a portfolio comprised of cash,bonds, stocks, and alternatives, with an asset mix equivalent to the portfolio referenced.

The Bear Market Loss shows: 1) either the Great Recession Return or the Bond Bear MarketReturn, whichever is lower, and 2) the potential loss, if you had been invested in thiscash-bond-stock-alternative portfolio during the period with the lower return. In general,most portfolios with a stock allocation of 20% or more have a lower Great RecessionReturn, and most portfolios with a combined cash and bond allocation of 80% or morehave a lower Bond Bear Market Return.

The Bear Market Test, included in the Stress Tests, examines the impact on your Plan resultsif an identical Great Recession or Bond Bear Market, whichever would be worse, occurredthis year. The Bear Market Test shows the likelihood that you could fund your Needs,Wants and Wishes after experiencing such an event.

Regardless of whether you are using historical or projected returns for all otherMoneyGuidePro results, the Bear Market Loss and Bear Market Test use returns calculatedfrom historical indices. If you are using historical returns, the indices in the Bear Market Lossand the Bear Market Test may be different from indices used in other calculations. Theseresults are calculated using only four asset classes – Cash, Bonds, Stocks, and Alternatives.The indices and the resulting returns for the Great Recession and the Bond Bear Market are:

Because the Bear Market Loss and Bear Market Test use the returns from asset class indicesrather than the returns of actual investments, they do not represent the performance forany specific portfolio, and are not a guarantee of minimum or maximum levels of losses orgains for any portfolio. The actual performance of your portfolio may differ substantiallyfrom those shown in the Great Recession Return, the Bond Bear Market Return, the BearMarket Loss, and the Bear Market Test.

Asset Class Index Great RecessionReturn

11/2007 – 02/2009

Bond Bear MarketReturn

07/1979 – 02/1980

Cash Ibbotson U.S. 30-dayTreasury Bills

2.31% 7.08%

Bonds Ibbotson Intermediate-TermGovernment Bonds – TotalReturn

15.61% -8.89%

Stocks Ibbotson Large CompanyStocks – Total Return

-50.95% 14.61%

Alternatives HFRI FOF: DiversifiedS&P GSCI Commodity Spot

-19.87%N/A

N/A20.28%

Because the Bear Market Loss and Bear Market Test use the returns from asset class indicesrather than the returns of actual investments, they do not represent the performance forany specific portfolio, and are not a guarantee of minimum or maximum levels of losses orgains for any portfolio. The actual performance of your portfolio may differ substantiallyfrom those shown in the Great Recession Return, the Bond Bear Market Return, the BearMarket Loss, and the Bear Market Test.

MoneyGuidePro Risk Assessment

The MoneyGuidePro Risk Assessment highlights some – but not all – of the trade-offs youmight consider when deciding how to invest your money. This approach does not provide acomprehensive, psychometrically-based, or scientifically-validated profile of your risktolerance, loss tolerance, or risk capacity, and is provided for informational purposes only.

Based on your specific circumstances, you must decide the appropriate balance betweenpotential risks and potential returns. MoneyGuidePro does not and cannot adequatelyunderstand or assess the appropriate risk/return balance for you. MoneyGuidePro requiresyou to select a risk score. Once selected, three important pieces of information are availableto help you determine the appropriateness of your score: a cash-bond-stock portfolio, theimpact of a Bear Market Loss (either the Great Recession or the Bond Bear Market,whichever is lower) on this portfolio, and a graph showing how your score compares to therisk score of others in your age group.

MoneyGuidePro uses your risk score to select a risk-based portfolio on the Target Bandpage. This risk-based portfolio selection is provided for informational purposes only, andyou should consider it to be a starting point for conversations with your advisor. It is yourresponsibility to select the Target Portfolio you want MoneyGuidePro to use. The selectionof your Target Portfolio, and other investment decisions, should be made by you, afterdiscussions with your advisor and, if needed, other financial and/or legal professionals.

Glossary

Asset Allocation is the process of determining what portions of your portfolio holdings areto be invested in the various asset classes.

Asset Allocation

This optional strategy simulates creating a separate account for funds that you want toinvest differently than your Target Portfolio. You specify the expected return assumptions,and the Program calculates a range of possible results using those assumptions. Generally,this strategy is included when you have excess funds after fulfilling your financial goals, andused to create a legacy or to fund discretionary objectives.

Aspirational Cash Reserve Strategy


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Bonds

Bonds are either domestic (U.S.) or global debt securities issued by either privatecorporations or governments. (See the “Risks Inherent in Investing” section in thisImportant Disclosure Information for a summary of the risks associated with investing inbonds. Bonds are also called “fixed income securities.”)

Domestic government bonds are backed by the full faith and credit of the U.S.Government and have superior liquidity and, when held to maturity, safety of principal.Domestic corporate bonds carry the credit risk of their issuers and thus usually offeradditional yield. Domestic government and corporate bonds can be sub-divided basedupon their term to maturity. Short-term bonds have an approximate term to maturity of 1to 5 years; intermediate-term bonds have an approximate term to maturity of 5 to 10years; and, long-term bonds have an approximate term to maturity greater than 10 years.

Asset Class

Asset Class is a standard term that broadly defines a category of investments. The threebasic asset classes are Cash, Bonds, and Stocks. Bonds and Stocks are often furthersubdivided into more narrowly defined classes. Some of the most common asset classes aredefined below.

Cash and Cash Alternatives

Cash typically includes bank accounts or certificates of deposit, which are insured by theFederal Deposit Insurance Corporation up to a limit per account. Cash Alternatives typicallyinclude money market securities, U.S. treasury bills, and other investments that are readilyconvertible to cash, have a stable market value, and a very short-term maturity. U.S.Treasury bills are backed by the full faith and credit of the U.S. Government and, whenheld to maturity, provide safety of principal. (See the “Risks Inherent in Investing” sectionin this Important Disclosure Information for a summary of the risks associated withinvesting in cash alternatives.)

Stocks

Stocks are equity securities of domestic and foreign corporations. (See the “Risks Inherentin Investing” section in this Important Disclosure Information for a summary of the risksassociated with investing in stocks.)

Domestic stocks are equity securities of U.S. corporations. Domestic stocks are oftensub-divided based upon the market capitalization of the company (the market value of thecompany's stock). "Large cap" stocks are from larger companies, "mid cap" from themiddle range of companies, and "small cap" from smaller, perhaps newer, companies.Generally, small cap stocks experience greater market volatility than stocks of companieswith larger capitalization. Small cap stocks are generally those from companies whosecapitalization is less than $500 million, mid cap stocks those between $500 million and $5billion, and large cap over $5 billion.

Large cap, mid cap and small cap may be further sub-divided into "growth" and "value"categories. Growth companies are those with an orientation towards growth, oftencharacterized by commonly used metrics such as higher price-to-book andprice-to-earnings ratios. Analogously, value companies are those with an orientationtowards value, often characterized by commonly used metrics such as lower price-to-bookand price-to-earnings ratios.

International stocks are equity securities from foreign corporations. International stocks areoften sub-divided into those from "developed" countries and those from "emergingmarkets." The emerging markets are in less developed countries with emerging economiesthat may be characterized by lower income per capita, less developed infrastructure andnascent capital markets. These "emerging markets" usually are less economically andpolitically stable than the "developed markets." Investing in international stocks involvesspecial risks, among which include foreign exchange volatility and risks of investing underdifferent tax, regulatory and accounting standards.

Asset Mix

Asset Mix is the combination of asset classes within a portfolio, and is usually expressed as apercentage for each asset class.

Bear Market Loss

The Bear Market Loss shows how a portfolio would have been impacted during the GreatRecession (November 2007 through February 2009) or the Bond Bear Market (July 1979through February 1980). The Bear Market Loss shows: 1) either the Great Recession Returnor the Bond Bear Market Return, whichever is lower, and 2) the potential loss, if you hadbeen invested in this cash-bond-stock-alternative portfolio during the period with the lowerreturn. See Bear Market Test, Great Recession Return, and Bond Bear Market Return.


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Bear Market Test

The Bear Market Test, included in the Stress Tests, examines the impact on your Plan resultsif a Bear Market Loss occurred this year. The Bear Market Test shows the likelihood that youcould fund your Needs, Wants and Wishes after experiencing such an event. See BearMarket Loss.

Bond Bear Market Return

The Bond Bear Market Return is the rate of return for a cash-bond-stock-alternativeportfolio during the Bond Bear Market (July 1979 through February 1980), the worst bearmarket for bonds since the Great Depression. MoneyGuidePro shows a Bond Bear MarketReturn for your Current, Risk-based, and Target Portfolios, calculated using historical returnsof four broad-based asset class indices. See Great Recession Return.

Cash Receipt Schedule

A Cash Receipt Schedule consists of one or more years of future after-tax amounts receivedfrom the anticipated sale of an Other Asset, exercising of Stock Options grants, or proceedsfrom Restricted Stock grants.

Confidence Zone

See Monte Carlo Confidence Zone.

Concentrated Position

A Concentrated Position is when your portfolio contains a significant amount (as apercentage of the total portfolio value) in individual stock or bonds. Concentrated Positionshave the potential to increase the risk of your portfolio.

Current Portfolio

Your Current Portfolio is comprised of all the investment assets you currently own (or asubset of your assets, based on the information you provided for this Plan), categorized byAsset Class and Asset Mix.

Current Dollars

The Results of MoneyGuidePro calculations are in Future Dollars. To help you comparedollar amounts in different years, we also express the Results in Current Dollars, calculatedby discounting the Future Dollars by the sequence of inflation rates used in the Plan.


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Fund All Goals

Fund All Goals is one of two ways for your assets and retirement income to be used to fundyour goals. The other is Earmark, which means that an asset or retirement income isassigned to one or more goals, and will be used only for those goals. Fund All Goals meansthat the asset or income is not earmarked to fund specific goals, and can be used to fundany goal, as needed in the calculations.

Expense Adjustments

When using historical returns, some users of MoneyGuidePro include Expense Adjustments.These adjustments (which are specified by the user) reduce the return of the affected AssetClasses and are commonly used to account for transaction costs or other types of feesassociated with investing. If Expense Adjustments have been used in this Report, they willbe listed beside the historical indices at the beginning of this Report.

Future Dollars

Future Dollars are inflated dollars. The Results of MoneyGuidePro calculations are in FutureDollars. To help you compare dollar amounts in different years, we discount the FutureDollar amounts by the inflation rates used in the calculations and display the Results in theequivalent Current Dollars.

Great Recession Return

The Great Recession Return is the rate of return for a cash-bond-stock-alternative portfolioduring the Great Recession (November 2007 through February 2009), the worst bearmarket for stocks since the Great Depression. MoneyGuidePro shows a Great RecessionReturn for your Current, Risk-based, and Target Portfolios, calculated using historical returnsof four broad-based asset class indices. See Bond Bear Market Return.

Inflation Rate

Inflation is the percentage increase in the cost of goods and services for a specified timeperiod. A historical measure of inflation is the Consumer Price Index (CPI). InMoneyGuidePro, the Inflation Rate is selected by your advisor, and can be adjusted indifferent scenarios.

Liquidity

Liquidity is the ease with which an investment can be converted into cash.

Monte Carlo Confidence Zone

The Monte Carlo Confidence Zone is the range of probabilities that you (and/or youradvisor) have selected as your target range for the Monte Carlo Probability of Success inyour Plan. The Confidence Zone reflects the Monte Carlo Probabilities of Success withwhich you would be comfortable, based upon your Plan, your specific time horizon, riskprofile, and other factors unique to you.

Monte Carlo Probability of Success / Probability of Failure

The Monte Carlo Probability of Success is the percentage of trials of your Plan that weresuccessful. If a Monte Carlo simulation runs your Plan 10,000 times, and if 6,000 of thoseruns are successful (i.e., all your goals are funded and you have at least $1 of SafetyMargin), then the Probability of Success for that Plan, with all its underlying assumptions,would be 60%, and the Probability of Failure would be 40%.

Monte Carlo Simulations

Monte Carlo simulations are used to show how variations in rates of return each year canaffect your results. A Monte Carlo simulation calculates the results of your Plan by runningit many times, each time using a different sequence of returns. Some sequences of returnswill give you better results, and some will give you worse results. These multiple trialsprovide a range of possible results, some successful (you would have met all your goals) andsome unsuccessful (you would not have met all your goals).

Needs / Wants / Wishes

In MoneyGuidePro, you choose an importance level from 10 to 1 (where 10 is the highest)for each of your financial goals. Then, the importance levels are divided into three groups:Needs, Wants, and Wishes. Needs are the goals that you consider necessary for yourlifestyle, and are the goals that you must fulfill. Wants are the goals that you would reallylike to fulfill, but could live without. Wishes are the “dream goals” that you would like tofund, although you won’t be too dissatisfied if you can’t fund them. In MoneyGuidePro,Needs are your most important goals, then Wants, then Wishes.

Portfolio Set

A Portfolio Set is a group of portfolios that provides a range of risk and return strategies fordifferent investors.

Portfolio Total Return

A Portfolio Total Return is determined by weighting the return assumption for each AssetClass according to the Asset Mix. Also see “Expense Adjustments.”


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Probability of Success / Probability of Failure

See Monte Carlo Probability of Success / Probability of Failure.

Real Return

The Real Return is the Total Return of your portfolio minus the Inflation Rate.

Recommended Scenario

The Recommended Scenario is the scenario selected by your advisor to be shown on theResults page, in Play Zone, and in the Presentation.

Retirement Start Date

For married couples, retirement in MoneyGuidePro begins when both the client and spouseare retired. For single, divorced, or widowed clients, retirement begins when the clientretires.

Risk

Risk is the chance that the actual return of an investment, asset class, or portfolio will bedifferent from its expected or average return.

Risk-based Portfolio

The risk-based portfolio is the Model Portfolio associated with the risk score you selected.

Retirement Cash Reserve Strategy

This optional strategy simulates creating a cash account to provide funding for near-termgoal expenses. You select the number of years of Needs, Wants, and Wishes to be includedin the cash account. The Program then funds the Retirement Cash Reserve with thedesignated amounts, and simulates rebalancing your remaining investments to match theselected Target Portfolio.

Standard Deviation

Safety Margin

The Safety Margin is the hypothetical portfolio value at the end of the Plan. A Safety Marginof zero indicates the portfolio was depleted before the Plan ended.

Standard Deviation is a statistical measure of the volatility of an investment, an asset class,or a portfolio. It measures the degree by which an actual return might vary from theaverage return, or mean. Typically, the higher the standard deviation, the higher thepotential risk of the investment, asset class, or portfolio.

Star Track

Star Track provides a summary of your Plan results over time, using a bar graph. Each barshows the Monte Carlo Probability of Success for your Recommended Scenario, on the datespecified, compared to the Monte Carlo Probability of Success for a scenario using all Targetvalues.

Target Band

The Target Band is the portfolio(s) that could be appropriate for you, based upon therisk-based portfolio.

Target Portfolio

Target Portfolio is the portfolio you have selected based upon your financial goals and yourrisk tolerance.

Target Retirement Age

Target Retirement Age is the age at which you would like to retire.

Target Savings Amount

In the Resources section of MoneyGuidePro, you enter the current annual additions beingmade to your investment assets. The total of these additions is your Target SavingsAmount.

Time Horizon

Time Horizon is the period from now until the time the assets in this portfolio will begin tobe used.

Target Goal Amount

The Target Goal Amount is the amount you would expect to spend, or the amount youwould like to spend, for each financial goal.

Total Return

Total Return is an assumed, hypothetical growth rate for a specified time period. The TotalReturn is either (1) the Portfolio Total Return or (2) as entered by you or your advisor. Alsosee “Real Return.”

Wants

See "Needs / Wants / Wishes".


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Willingness

In MoneyGuidePro, in addition to specifying Target Goal Amounts, a Target SavingsAmount, and Target Retirement Ages, you also specify a Willingness to adjust these Targetvalues. The Willingness choices are Very Willing, Somewhat Willing, Slightly Willing, andNot at All.

Wishes

See "Needs / Wants / Wishes".

Worst One-Year Loss

The Worst One-Year Loss is the lowest annual return that a portfolio with the specified assetmix and asset class indices would have received during the historical period specified.

Executive Summary

Executive Summary

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See Important Disclosure Information section in this Report for explanations of assumptions, limitations, methodologies, and a glossary.

Reaching Your Goals Status

Probability of Success: 80%

In Confidence Zone

Net Worth

$2,256,365Assets

$171,117Liabilities

$2,085,248Net Worth

Results

If you implement the following suggestions, there is a 80% likelihood of funding all of the Financial Goals in your Plan.

Executive Summary

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Goals

Plan to reduce your Total Goal Spending to $2,752,800 which is $618,180, or 18%, less than your Target.

Tom retires at age 67, in the year 2022. This is 2 year(s) later than your retirement age.

Jane retires at age 65, in the year 2022. This is 2 year(s) later than your retirement age.

Your recommended scenario assumes when you are both retired you will spend $90,000 for annual living expenses.

When both are retired your recommended scenario assumes you withdraw $7,500 per occurrence for your Health Care goal.

At Jane's retirement your recommended scenario assumes you withdraw $27,500 per occurrence for your Sedan goal.

When both are retired your recommended scenario assumes you withdraw $10,000 per occurrence for your Travel goal.

At Tom's retirement your recommended scenario assumes you withdraw $25,000 per occurrence for your Sports Car goal.

Your recommended scenario assumes you provide college funding for Jacob of $20,000 for 4 years. This amount is based on theestimated cost you provided.

In 2025 your recommended scenario assumes you withdraw $40,000 for your Kitchen Remodel goal.

Executive Summary

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Goal Amount Changes

Needs

10 Retirement - Living Expense

Both Retired $90,000 Decreased $12,000

Jane Alone Retired $77,000 Decreased $4,600

9 Health Care $7,500

Starting When both are retired

Years between occurrences 1

Ending End of plan

8 Sedan $27,500 Decreased $2,500

Starting At Jane's retirement

Years between occurrences 10 Increased 2

Number of occurrences 3

Wants

7 Travel $10,000 Decreased $2,000

Starting When both are retired

Years between occurrences 1


5 Sports Car $25,000 Decreased $10,000

Starting At Tom's retirement

Years between occurrences 10 Increased 2


Wishes

3 College - Jacob $20,000 Decreased $3,415

Years of School 4

Start Year 2029

1 Kitchen Remodel $40,000 Decreased $2,000

Starting 2025

Executive Summary

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Save and Invest Status

Savings

Consider the following changes in order to increase your savings by $8,775 to a total of $34,610 per year.

Tom - Tom's 401(k): Change your qualified contribution from 5% of your salary to 8% of your salary. This will increase savingsby $5,400. Included in this change, Tom's company will increase their contribution by $2,160. Make this change in 2014.

Jane - Jane's 403(b): Change your qualified contribution from 5% of your salary to 6% of your salary. This will increase savingsby $875. Make this change in 2014.

Increase taxable additions by $2,500. Make this change in 2014.

Invest

Your Portfolio should be re-allocated Changes Required to match Total Return I

Investment Portfolio Asset Allocation

Current Total Return I

Asset Class Increase By Decrease By

-$54,735Cash & Cash Alternatives

$73,080Short Term Bonds

$29,422Intermediate Term Bonds

-$55,750Long Term Bonds

$40,838Large Cap Value Stocks

-$33,618Large Cap Growth Stocks

-$85,817Mid Cap Stocks

$18,779Small Cap Stocks

$53,037International Developed Stocks

$14,765International Emerging Stocks

Unclassified

$229,921 -$229,921Total :

Executive Summary

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Concentrated Positions

You have a Concentrated Position in the single securities as shown below. You should consider the additional risk this creates and thepotential benefits (and associated costs) of diversifying these positions.

Security Symbol $ Value % of Portfolio

VAL $83,567 13

Risk Management Status

Life

Your Life Insurance Needs Analysis indicates that your current amount of life insurance is not sufficient to protect your family in theevent of premature death.

Tom should consider purchasing $950,000 of additional life insurance. Advisor Will Take Action - 10/15/2014

Jane should consider purchasing $1,000,000 of additional life insurance. Advisor Will Take Action - 10/15/2014

Long Term Care

Your Long Term Care Analysis shows a significant reduction to your portfolio if you have expenses related to a major health issue.

For Tom, the estimated total cost for a Nursing Home is $857,224. For Jane the estimated total cost for Nursing Home is $963,177.

There may be a significant risk to your plan if one of you has expenses related to a major health issue. In Virginia, the average cost fora 3 years of Nursing Home is $79,205 annually.

Consider a review of your current long-term care insurance to determine if you have adequate coverage. Advisor Will Take Action - 10/15/2014

Estate Status

Estate Strategies

Your Estate Analysis indicates that if you both die today, when Tom predeceases Jane there would be no Federal Estate Tax liability andwhen Jane predeceases Tom there would be no Federal Estate Tax liability.

Consider reviewing your Estate Plan with an estate planning attorney to discuss methods to cover all or part of your Federal Estate Taxliability, to review your Estate documents (including your Will, Medical Directive, and Power of Attorney) and to review the ownershipof existing life insurance policies.

Executive Summary

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Banking Status

Mortgage

Managing your mortgage is a critical component of your overall plan. Consider refinancing to a 15 year fixed rate mortgage from yourcurrent rate of 7.25%. Today's rate is 3.375%, which could reduce your monthly payment by as much as $1050.

Client Will Take Action - 10/01/2014

Other Suggestions Status

Other

Next plan review meeting. Advisor Will Take Action - 11/15/2014

Summary of Goals and Resources

Personal Information and Summary of Financial Goals

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Needs

Retirement - Living Expense10

TomJaneBoth Retired (2020-2045) Mortgage Reduction of $16,800 (2022)Jane Alone Retired (2046-2050)

65 / 202063 / 2020$102,000

$81,600Base Inflation Rate (2.50%)

Health Care9

When both are retiredRecurring every year until end of plan

$7,500Base Inflation Rate plus 3.50% (6.00%)

Sedan8

When Jane retiresRecurring every 8 years for a total of 3 times


Wants

Travel7

When both are retiredRecurring every year for a total of 20 times


Sports Car5

When Tom retiresRecurring every 8 years for a total of 3 times


Wishes

Personal Information and Summary of Financial Goals

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College - Jacob3

4 years starting in 2029Attending University of VirginiaOther Funding Sources - $5,000 per year

$23,415Base Inflation Rate plus 3.50% (6.00%)Other Funding (per year of school, adjusted for inflation) Student Loans - $5,000

Kitchen Remodel1

In 2025 $42,000Base Inflation Rate (2.50%)

Personal Information

Tom

Male - born 01/01/1955, age 59

Jane

Female - born 03/15/1957, age 57

Married, US Citizens living in VA

Employed - $108,000

Employed - $87,500

• This section lists the Personal and Financial Goal information you provided, which willbe used to create your Report. It is important that it is accurate and complete.

Participant Name Date of Birth Age Relationship

Daniel 11/12/1979 34 Child

Jessica 10/01/1982 31 Child

Jacob 05/15/2011 3 Grandchild

Current Financial Goals Graph

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This graph shows the annual costs for your Financial Goals, as you have specified. Because these costs will be used to create your Plan, it isimportant that they are accurate and complete. All amounts are in after-tax, future dollars.

Net Worth Summary - All Resources

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This is your Net Worth Summary as of 07/16/2014. Your Net Worth is the difference between what you own (your Assets) and what youowe (your Liabilities). To get an accurate Net Worth statement, make certain you have entered all of your Assets and Liabilities.

+ $1,515,500Other Assets

Investment Assets $740,865

Total Liabilities $171,117

Net Worth $2,085,248

$2,256,365Total Assets

-

Description Total

Investment Assets

Employer Retirement Plans $535,000

Annuities & Tax-Deferred Products $103,000

Taxable and/or Tax-Free Accounts $102,865

Total Investment Assets: $740,865

Other Assets

Personal Asset $1,420,500

Pension and Deferred Compensation $75,000

Cash Value Life $20,000

Stock Options $0

Total Other Assets: $1,515,500

Liabilities

Personal Real Estate Loan: $156,117

Vehicle Loan: $15,000

Total Liabilities: $171,117

Net Worth: $2,085,248

Resources Summary

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Description Owner Current Value Additions Assign to Goal

Investment Assets

Joint SurvivorshipBrokerage Account $102,865 $5,000 Fund All Goals

JaneJane's 403(b) $215,000 $7,875 Fund All Goals

TomTom's 401(k) $320,000 $12,960 Fund All Goals

TomVariable Annuity with GMWB $103,000 Fund All Goals

$740,865Total Investment Assets :

Description Owner Current Value Future Value Assign to Goal

Other Assets

Home Joint Survivorship $375,000 Not Funding Goals

Home Jane $1,000,500 Not Funding Goals

Sailboat Tom $45,000 Not Funding Goals

Lump Sum Distribution Jane $75,000 Fund All Goals

Whole Life Tom $20,000 Not Funding Goals

Inheritance from Jane's Mom Jane $250,000 Fund All Goals

$1,515,500Total of Other Assets :

Annual Premium Cash ValueDescription Owner BeneficiaryInsured Death Benefit Premium Paid

Insurance Policies

Cash Value Life Insurance Policies Summary (included in Assets)

$1,800 $20,000Whole Life Whole Life

Tom Co-Client of Insured- 100%

Tom $100,000 Until Insured Dies

Insurance Policies Summary (not included in Assets)

$400Tom Individual Term Life

Tom Co-Client of Insured- 100%

Tom $500,000 Until Policy Terminates

$336Jane Individual Term Life

Jane Co-Client of Insured- 100%

Jane $250,000 Until Policy Terminates

Jane's Employer Term Group Term

Jane Co-Client of Insured- 100%

Jane $75,000

Resources Summary

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Annual Premium Cash ValueDescription Owner BeneficiaryInsured Death Benefit Premium Paid

Insurance Policies

$925,000Total Death Benefit of All Policies :

If the assets include a Variable Life Investment Asset, the value shown for this policy in the Premium column reflects only the assumedannual increase in the cash value of the insurance policy and not the total premium.

Social Security

Description Value Assign to GoalOwner File Status

Social Security Tom $29,982 starting At Tom'sFull Retirement Age

Fund All GoalsNormal

Social Security Jane $28,173 starting At Jane'sFull Retirement Age

Fund All GoalsNormal

Retirement Income

Description Value Assign to GoalOwner Increase Rate

Pension Income Jane $12,000 from Jane'sRetirement to End of Plan(50% to Survivor)

Fund All GoalsNo

Type Outstanding Balance Monthly PaymentDescription Interest RateOwner

Liabilities

Boat Boat Loan $15,000 $6128.200%Tom

1st Mortgage Mortgage $156,117 $2,1627.250%Joint

$171,117Total Outstanding Balance :

Insurance Inventory

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AnnualPremium

Cash ValueDescription Owner BeneficiaryInsured Death Benefit Policy StartDate

Life

$1,800$20,000Whole Life Tom Co-Client of Insured - 100%Tom $100,000

$400Tom Individual Tom Co-Client of Insured - 100%Tom $500,000 01/1999

$336Jane Individual Jane Co-Client of Insured - 100%Jane $250,000 01/2000

Jane's Employer Term Jane Co-Client of Insured - 100%Jane $75,000 01/2000

If the assets include a Variable Life Investment Asset, the value shown for this policy in the Annual Premium column reflects only theassumed annual increase in the cash value of the insurance policy and not the total premium.

Risk and Portfolio Information

Risk Assessment

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Compare Me to my Group

Average Age 50 to 64

Bear Market Loss

Total Return I

$637,865Portfolio Value

-26%Great Recession Return from November2007 through February 2009

-$165,845Potential loss of Portfolio Value

You are a Higher than Average Risk-Taker

You selected a Risk Score for your Household of 60.

• The Bell Curve above shows the normal distribution of risk scores for your group. The average score is 50.

• Your Score corresponds to a Total Return I Portfolio with 61% Stock .

• You know that the Total Return I Portfolio you selected had a -26% return during the Great Recession and are willing to accept the riskthat you could experience a similar or worse result.

• You realize that you may be accepting greater risk of loss as a household than Jane might prefer based upon her individual Risk Score.

• Your Score indicates that you are a Higher than Average Risk-Taker (scores 55-62) as compared to other Investors of similar age.

Portfolio Appropriate for Score

Total Return I

Average Return: 6.06%

HouseholdTom Jane

Risk Score: 65 6047

Portfolio Selected: Total Return I Total Return IBalanced I

% Stock : 61% 61%45%

Average Return: 6.06% 6.06%5.33%

Great Recession Return: -26% -26%-15%

Bond Bear Market Return: 6% 6%2%

Results

Results - Current and Recommended

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Results Current Scenario Recommended Scenario

Average Return Bad Timing Average Return Bad Timing

87% 83% 100% 100%Estimated % of Goals Funded

Likelihood of Funding All Goals

Probability of Success: < 40%

Below Confidence Zone

Probability of Success: 80%

In Confidence Zone

Your Confidence Zone: 70% - 90%

Current Scenario Optimized Changes In Value

Retirement

Retirement Age

2 year(s) later67 in 202265 in 2020Tom

2 year(s) later65 in 202263 in 2020Jane

Planning Age

90 in 204590 in 2045Tom

93 in 205093 in 2050Jane


07/16/2014


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Goals

Needs

Decreased $12,000Decreased $4,600

$90,000$77,000

$102,000$81,600

10 Retirement - Living ExpenseBoth RetiredJane Alone Retired

$7,500When both are retired

1End of plan


1End of plan

9 Health CareStartingYears between occurrencesEnding

Decreased $2,500

Increased 2

$27,500At Jane's retirement

103

$30,000At Jane's retirement

83

8 SedanStartingYears between occurrencesNumber of occurrences

Wants

Decreased $2,000$10,000

When both are retired1

20


120

7 TravelStartingYears between occurrencesNumber of occurrences

Decreased $10,000

Increased 2

$25,000At Tom's retirement

103

$35,000At Tom's retirement

83

5 Sports CarStartingYears between occurrencesNumber of occurrences

Wishes

Decreased $3,415$20,0004

2029

$23,4154

2029

3 College - JacobYears of SchoolStart Year

Decreased $2,000$40,0002025

$42,0002025

1 Kitchen RemodelStarting

Decreased 18%$2,752,800$3,370,980Total Spending for Life of Plan


07/16/2014


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Savings

Increased $6,275$26,030$19,755Qualified

$1,080$1,080Roth

Increased $2,500$7,500$5,000Taxable

Increased $8,775$34,610$25,835Total Savings This Year

Portfolios

1% more StockTotal Return ICurrentAllocation Before Retirement

61%60%Percent Stock

6.06%5.77%Total Return

12.09%11.87%Standard Deviation

-26%-26%Great Recession Return 11/07 - 2/09

6%7%Bond Bear Market Return 7/79 - 2/80

1% more StockTotal Return ICurrentAllocation During Retirement

61%60%Percent Stock

6.06%5.77%Total Return

12.09%11.87%Standard Deviation

-26%-26%Great Recession Return 11/07 - 2/09

6%7%Bond Bear Market Return 7/79 - 2/80

2.50%2.50%Inflation

Investments

$637,865$637,865Total Investment Portfolio

$103,000$103,000Current GMWB Investment Strategies

$740,865$740,865Total Investment Assets

Risk Management

Life Insurance Needs Analysis

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Life insurance can be an important source of funds for your family in the event of your premature death. In this section, we analyzewhether there are sufficient investment assets and other resources to support your family if you were to die this year and, if there is adeficit, what additional life insurance may be required to provide the income needed by your survivors.

If Tom Dies

Living Expenses covered until Jane is 93

If Jane Dies

Living Expenses covered until Tom is 90

Life Insurance Needed

Existing Life Insurance

Additional Needed

$1,656,080

$700,000

$956,080

$1,390,765

$325,000

$1,065,765

Scenario : Optimized

Life Insurance Needs Analysis Detail

07/16/2014


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$700,000 Existing Life Insurance $325,000

Liabilities and Final Expenses

$171,117 Debts Paid Off $171,117

$20,000 Final Expenses and Estate Taxes $20,000

$0 Bequests $0

$0 Other Payments $0

If Tom Dies If Jane Dies

$0 Additional Death Benefit $0

Life Insurance


Living Expenses for Survivors

Jane's Age Event Tom's Age

65 Retirement 67

93 Plan Ends 90

$109,200 Annual Expense (current dollars, after-tax) $109,200

93 Cover expense until Co-Client is this age 90

$0 Annual Expense (current dollars, after-tax) $0

0 Cover expense until Co-Client is this age 0


First Living Expense

Second Living Expense



07/16/2014


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Checked boxes indicate goals to be funded upon death.

Financial Goals


Health Care

Sedan

Travel

Sports Car

College - Jacob

Kitchen Remodel

Amount of cash provided by sale of Assets (after tax)$40,000 $0


Sell Other Assets

Your Assets that are not being sold to fund goals are listed below.

Description Current Value

Home $375,000

Sailboat $45,000

Home $1,000,500

Checked boxes indicate Other Assets that will be included in this analysis and used to fund goals.


Inheritance from Jane's Mom

Lump Sum Distribution

Checked boxes indicate stock options to be included in Life Insurance.

Stock Options and Restricted Stock


Include Jane's Stock Options



07/16/2014


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Annual Other Income Amount

(current dollars before tax)

Will this amount inflate?

$0 $0

No No


Other Income (Income other than employment income)

Include Amount IncludeAmount


Description

Pension Income$12,000 $6,000

Use Program Estimate Federal State Local

18.00% 5.75% 0.00%

Tax Rate (Estimated average tax rate)

Use Return in the Plan you selected Rate of Return

6.06%

Rate of Return

Dependents

Name Date of Birth Age Relationship

Daniel 11/12/1979 34 Both Are Parents

Jessica 10/01/1982 31 Both Are Parents

Jacob 05/15/2011 3 Other Relationship


Documents

Financial Goal Plan...Financial Goal Plan Prepared by: Joe Advisor Financial Consultant Table Of Contents IMPORTANT DISCLOSURE INFORMATION 1 - 10 Executive Summary Executive Summary