“Do It Yourself” Financial Planning

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Can you? Would you?

Brian Weatherdon MA, CFP, CLU, CPCAAuthor, Speaker, Financial Planner.

Aligning your Wealth & Life to overcome fears andsecure your income, lifestyle, & comfort to age 105

How important are the results?

• If you’re a carpenter you may do your own woodworking. Plumbers do their plumbing.

• Lawyers might do their own legal work but ... they say who hires himself has a poor lawyer.

• If 80% of financial planners lack certification for financial planning, who hires those people?

• Maybe you’d do your own financial planning, wills, accounting, tax filing, & heart surgery.

Your life goals & dreams . . .

• What income & lifestyle will you achieve?

• When/how will you want to be totally free?

• How will money last for middle- & later years?

• Will life seasons and changing health increase financial needs at some point along the way?

See in Slideshare: “Health inflation crushes retirement dreams”

What if you ran out of money?

• Can you avoid losing 30-50% in bad markets?

• Will you average 4%? 6%? 8%/year forever?

• Can you capture returns 3% above inflation?

• Can you guarantee life income to age 105? See http://www.guaranteedincome4life.ca/blog/life-income-mandates/

Sell your Business without help?• Do your own valuation & marketing?

• What if you sold for 30-70% below value?

• You have what I call a stewardship team for your business. Would you want less for the wealth you get from selling your business?

• See & subscribe... “Exit Strategies for Business” http://www.guaranteedincome4life.ca/blog/exit-strategies-for-business/

Assess your Pension without help?

• Many pensions are under-funded. This means they may pay less than you ever saw on paper. It could mean a drop of 20%, 50%, or more!

• Getting the facts on your pension will be vital so you can choose: (i) the fixed income pension or (ii) consider a personalized arrangement.

• See & subscribe, “Exit Strategies from a Pension” http://www.guaranteedincome4life.ca/blog/exit-strategies-from-a-pension/

Invest your own Inheritance? (DIY)

• Do It Yourself has proven extremely dangerous for people inheriting family wealth. Legal and investment issues can soon arise to steal 50% to 100% of the inheritance in 3-10 years.

• See resources (last slide) for the power to secure and grow your inheritance. Align this wealth with the values of those who gave it, and enlarge your personal values & dreams.

DIY with Lottery Winnings?

• Do It Yourself is catastrophic when people win money. Resources (see on last slide) can help you sustain and celebrate your winnings!

• People have 0% of winning and 100% of losing everything in 1-3 years – becoming losers – unless they learn to use values and processes to lift them up as winners-for-life. (See final slide)

What future do you want in life?

• Some people have no idea what future they want or how they’ll live in retirement. That’s why I created, “Visioning your Retirement Lifestyle” to help design your future lifestyle, activities, joys and comforts

• Here’s a video to help design your future:

http://www.guaranteedincome4life.ca/resources/visioning-your-retirement-lifestyle/

How you can sustain life income . . .

• Brilliant people on their own have lost wealth and income they should have secured for life!

• Millions have lost wealth by DIY or choosing unregistered, unlicensed, uncertified advisors.

• Life Income Mandates is a process to align wealth management with the life you choose by creating perpetual and increasing income.

See http://www.guaranteedincome4life.ca/blog/life-income-mandates/

Abundance for future Life Horizons ...

• Life isn’t a flat-line. Future seasons will hold opportunities and misfortunes, both requiring the wealth to support your needs & lifestyle.

• Life Horizons Analysis is how we assess the income you’ll want in early, mid, and later retirement years. Security & flexibility become vital to you as life continues.:

See & subscribe: http://www.guaranteedincome4life.ca/blog/life-horizons-analysis-assuring-income-life/

Key questions to guide your future

• Whatever you choose to do for yourself (DIY) are you properly qualified/certified to do it?

• Do you want to reduce costs, enhance results, and build this into a wholistic, life-oriented “Certified Life & Financial Plan”?

• Who can you reach to discuss possible gaps in your planning? What resources will help you?

Resources to help get what you want

• Experience this website to help focus on your future: www.GuaranteedIncome4Life.ca

• Get 5-star book, Amazon/Kindle/bookstores: “A Lifetime Of Wealth – And How Not To Lose It” http://www.amazon.com/Lifetime-Wealth-how-not-lose/dp/1489579540/ref=sr_1_1?

ie=UTF8&qid=1380311791&sr=8-1&keywords=a+lifetime+of+wealth+--+and+how+not+to+lose+it

• Visit www.ALifetimeOfWealth.info