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Introduction

IntroductionWho am I and Why am I here?

Video

First Job Story Time with Marty and Retirement Committee Dave Ramsey Counselor Friends Bankrupt today 350,000,000 dollar company All out of following passion I dont know why God made me like this, I just do2

Eric Hudson (EH) - My Career, Story of My First Introduction to 401k, My passion Pod Casts, Books, Speaking

I didnt know it back then, but paying this much attention to my retirement was a terrible idea!3

Why Are We Not Investing?No money to spare in my budget I cant afford itRetirement is so far away. I promise I will invest one dayIm afraid of losing money in the stock market (I dont understand it)

Lets talk about these thingsLets Imagine Retirement You, What Would You Be Screaming At Current YOU?

1 - If you can't afford it now, electric bills and phone bills and taxes won't go away. How do you think You'll afford it when you don't have a job.2 - Fear - Two kinds Fear that is helpful - Don't play in the road. Fear that keeps us from the best things in life - Fear of the unknown. Riding a bicycle.Your very very best friend is time!!! The very best time to plant a tree was 20 years ago, the 2nd best time is NOW!!4

Eric Hudson (EH) - 1 - If you can't afford it now, electric bills and phone bills and taxes won't go away. How do you think You'll afford it when you don't have a job.Eric Hudson (EH) - 2 - Fear - Two kinds Fear that is helpful - Don't play in the road. Fear that keeps us from the best things in life - Fear of the unknown. Riding a bicycle.Eric Hudson (EH) - Your very very best friend is time!!! The very best time to plant a tree was 20 years ago, the 2nd best time is NOW!!Question I Asked My Wife If You Were In This Seminar, What Would You Want To Gain From It?I Realize I look 35, but Im 45, is there hope for me?Where do I even begin?Tell me what will work and what should I do starting today?It Doesnt Have To Be Hard I Like Simple

Step 1 Answer These QuestionsWhere Am I Now?What Is My Current Cost Of Living?How Much Longer Can I Or Do I Want To Work?What Is My Current Financial Situation?What Retirement Savings Options Are Available To Me?What Is My Current Annual Retirement Savings?What Is My Risk Tolerance?Where Do I Want To Go?What Will My Cost Of Living Be In Retirement?What Will I Assume For Inflation?How Much Risk Do I Need To Take To Reach My Goals?What Retirement Income Do I Have That I Can Count On?Social SecurityOOHHH These Question Are Harder To Answer???!!!! Dont Panic Use An Online Calculator - Easy

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Step 2 Now We Have An Idea Of What We Need To Do

Where Do I Invest?Employer Sponsored Plan (401k $18,000 or $24,000)Got To Get The MatchIRAs $5500 or $6500AdvisorOn My OwnBetterment/Wealthfront

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Step 3 How Do I Choose Mutual Funds?

Lets Look At Some Different Asset ClassesStocks or EquitiesLarge Cap Growth / Large Cap ValueMid Cap Growth / Mid Cap ValueSmall Cap Growth / Small Cap ValueBondsCash EquivalentMoney Market

First What Is Dow Jones and What is S&P 500? (S&P = 80% of US market)

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Growth of $10,0003 years5 years10 years$15,647$20,569$24,947

What Is A Mutual Fund? What Is A Growth Fund? Am I Diviersified? How Does It Work? Im An Owner?Stock/Equities = Owning

Explain Mainstay, Large Cap, Growth9

Growth of $10,0003 years5 years10 years$15,982$19,225$20,004

Stock/Equities = Owning

Value is Like having a Rental House on Land10

Stock/Equities = Owning

Growth of $10,0003 years5 years10 years$13,902$16,768$18,380

Bonds = Loaning

Growth of $10,0003 years5 years10 years$10,478$11,742$15,574

Asset Allocation FundGrowth of $10,0003 years5 years10 years$12,371$14,752$19,192

HOW!!!???? If I dont have a 401k/403bAdvisorWho? What kind?ExpenseIs it worth it?Accountability Calming Betterment or Wealthfront Show Betterment AccountCheapEffectiveNo Accountability/No one to talk you off the ledgeDo it yourselfDALBAR 20 year results 9.85% S&P 5.19% Investor = 4.66% difference!!Herding effectLoss Aversion

Fiduciary or Suitability Standard22

Bottom Line For InvestingYouve got to know what it costs you to liveUse a calculator to help you determine what you might need in the futureSave As Much As you can for as long as you canUnderstand Your Risk Tolerance And Rebalance To Maintain If You Jump In and Out, You Will Get Hurt GuaranteedPaul Merriman at Paulmerriman.com

Whats It All AboutRetirement Isnt Just About Financial WealthThe Holistic ApproachSpiritual HealthWellnessPurposeGiving Back The Best Investment You Can Ever Make

In your first Imagination Exercise, when you were retired did you imagine yourself smiling, happy, healthy? Those must be planned for as well.24

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