Starter Roadmap for the Retirement Plan Compliance and Education Platform

8/14/2019 Starter Roadmap for the Retirement Plan Compliance and Education Platform

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September 4, 2009

Save for College



Welcome to IndependentAdvisors & Accountants

Welcometo Independent Advisors &Accountants

About your plan

Your plan allows you to choose among a number of investments which offer different risk and returncharacteristics. This enables you to choose an investmentstrategy that you believe is most likely to help achieve your retirement or other investment goals.

It is also designed to be an ERISA Section 404(c) plan. Thismeans that because you are responsible for your owninvestment decisions, plan fiduciaries (representatives at your company and others designated by your employer who areresponsible for your plan) may be relieved of liability for anylosses that result from your exercise of investment control.

Accessing your account

You may submit your investment instructions by calling theautomated helpline at 1 (800) 555-1234. You will need your personal identification number (PIN) to access the system.

You also may submit investment instructions using the Internetwith your PIN at the Web address:

www.boulevardr.com

If you don't remember your PIN, follow these instructions:1.Contact Jim Stone customer service at 1 (800) 555-12342.Enter your contract number, which is 123453.Enter personal identification information, such as your SocialSecurity number or date of birth4.Once your identity has been confirmed your PIN code will beemailed to the address on your statement

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Starter Roadmap: The NextStep To Reach Your Goal

Starter Roadmap: The Next StepToReach Your Goal

Your next step

If you're really serious about reaching your goals and afinancially strong future, here is one action you shouldconsider completing in the next week.

First step for Save for College

Evaluate the personal importance you place on saving for college.

Disclaimer Every effort has been made to assure the highest reasonable degree of accuracy in your Starter Roadmap, based on the information youprovided. This Roadmap is only as good as the information supplied byyou, and if there is incorrect data, this document will reflect theseinaccuracies. Due to the changing nature of laws and financial marketsthis Roadmap will become increasingly inaccurate over time.

This Roadmap is not to be construed as offering investment, legal, tax or accounting advice. The content that is provided is for educationalpurposes only. Please consult a qualified professional when makingfinancial, legal or tax decisions. This Roadmap should not be interpreted

as endorsing or promoting specific investments and consumers shouldbe cautioned to exercise good judgment and diligence when investing.Neither financial advisor nor the service provider are under any obligationto notify you of changes or updates.

Partly because your tax returns are not taken into account and your information is not verified through official records or statements, nowarranties are made that your Roadmap is 100% complete. A best efforthas been made based on the quality and accuracy of the informationavailable and hope that you will benefit from the educational contentprovided in your Roadmap.

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Starter Roadmap: Your Financial Future

Starter Roadmap: Your FinancialFuture

How much should you besaving?

Based on the information that you provided, the annualretirement income that you will need is approximately1:

$69,000/year for the retirement you envision based on theinformation you providedCounting on receiving $2,300/mo from Social Security and $0/mo in pension

In order to strive to reach your goals and enjoy a comfortableretirement with your basic needs met, you should be saving an

extra $870 each month.In order to pursue your goals and enjoy everything you want todo in retirement, including Travel, Give Back and Family Time,you should be saving an extra $1,340 each month.

General tips on saving

Here is a general order in which to do long-term savings3:

(1) Set up your emergency fund, if not adequate (2) If youhave a 401(k)/403(b)/457, save up to the match (3) Save up tothe max on your Roth IRA (4) Top off 401(k)/403(b)/457 or other tax-deferred savings account (5) Save in taxable savings

What happens if you donothing?

If you continue to save at your current rate, the money you'llhave saved up will likely cover your basic retirement expensesuntil you are 82 years old. To view the calculation'smethodology and assumptions, click here

1 Amount in today's dollars based on the data you provided. A detailedfinancial plan could accurately assess how much you need to save.3 Your available savings options and their appropriate order may differ.

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http://www.boulevardr.com/br/planner/howthecalculationworks.jsf?id=traviswolff




Starter Roadmap: Your Goals


Your goals

This section will provide you with insights on how you canpotentially reach your goals and hopefully fill you in on somethings you didn't know.

Your goals timeline

Your goals, from left to right, are:

(1) Invest Better (2) Eliminate Debt (3) Save for College (4)Dream Vacation (5) Start a Business

Your goal: Save for College

Here's what you said about saving for college:

● Presently saving: $1,000 / year ● Saved so far: $10,000● Anticipated college costs: $35,000 / year ● Want to pay 100% of those expenses● Planning to send 2 kids to college● Age of oldest child: 9, and youngest child: 5

How much can you afford?

At your present savings rate, here's how much you're on trackto have saved up for each child's education by the time theystart college:

$23,263

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Since you're planning on contributing $35,000 per year towardyour children's education, this is what the build up and draw-down on their college savings is going to look like:

Years from now

Disclaimer: We are assuming a total return of 4% after inflation. We arealso assuming that if there is any debt after a child completes college in 4years, it is rolled over into a debt instrument such as a student loan.

If you would like to review the methodology and assumptions behind thecalculation, please click here. You will be taken to a page with details onhow the calculation works.

It looks like you are on track to have a significant shortfall intrying to meet your goal of saving for college. To bridge thegap, you can adjust the percentage of college expenses youwill pay for, apply for financial aid or possibly get a studentloan.

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Starter Roadmap: Ways ToProtect Yourself

Starter Roadmap: Ways ToProtect Yourself

Your financial “Ways toProtect Yourself”

Here are some ways that you can play good defense andprotect your overall financial well being.

The different ways you can financially protect yourself havebeen organized into three groups based on their potential tohave a large long-term negative impact on your personalfinances. These are merely for educational purposes. Pleaseconsult a financial professional before taking action.

Address this now

● Check on the kind of disability coverage you will receive if you are physically unable to work

● Consider creating a plan to pay off your credit card debt

● Consider creating a will

Address this soon

● Consider getting life insurance for the non-income earner

● Consider drafting a health care directive

● Consider drafting a health care power of attorney

Address this at some point

● Consider setting up a business continuation plan and

getting a business continuation policy

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Starter Roadmap: Your Profile

Starter Roadmap: Your Profile

Your current profile

● Born in 1968, Married or Life Partner

● Currently supporting 2 dependents

● Technology

● Live in the 78718 zip code

● Plan to retire at 65

● Earn $110,000 annually, and spouse earns $0 annually

● Have $425,000 in total savings

● Have $45,000 in total debt

● Currently saving approximately $1,100 / month

● Own a home worth approximately $460,000, and oweapproximately $260,000 on the mortgage.

● Invested in Mostly Stocks (70% Stocks, 25% Bonds,5% Cash)

● Counting on receiving $2,300 in retirement income fromSocial Security

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Starter Roadmap: Thank You

Starter Roadmap: Thank You

Thank you

Thank you for taking the time to read through your Starter Roadmap. Hopefully, it has been helpful and a goodintroduction to how you might be able to reach your goals.

Company 1

Independent Advisors & Accountants

363 Brannan St, Suite 201San Francisco, CA 94107

How the calculation works

If you would like to review the methodology and assumptionsbehind the calculation, please click here. You will be taken to apage with details on how the calculation works.

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Documents

Starter Roadmap for the Retirement Plan Compliance and Education Platform