Vermont Bar Association
60th Mid-Year Meeting Seminar Materials
Financial Wellness for You and Your Clients
March 30-31, 2017
Equinox Resort & Spa
Manchester Center, VT
Speaker:
Christine Moriarty, MoneyPeace, Inc.
Christine D. Moriarty www.MoneyPeace.com March 31, 2017
Financial Wellness Review and Action Plan
Would it benefit me to spend more time on my Money?
Do I need to Share my Financial Information with someone close?
Is there Cash for a Safety Account?
Have I reviewed my benefits lately?
Have I the appropriate insurance – home, car, liability and life- at this
point in life?
Has my will been updated?
Where is my Money?
How is it titled?
How are my Financial Advisors compensated?
Are they Fiduciaries?
Am I Comfortable with my Investments?
Next Steps:
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________________________________________________________________
_______________________________________________________________
________________________________________________________________
Christine D. Moriarty www.MoneyPeace.com March 31, 2017
1
Discovering The MoneyPeace Connection
Financial Matters Affect Health
Good Health Creates Optimal Living
MoneyPeace.com March 31, 2017
Your PrioritiesYour NeedsYour PlansYour Values
MoneyPeace.com March 31, 2017
2
Balancing Checkbook Reviewing InvestmentsUpdating Estate PlanConsidering Auto Pays Knowing What You
Need to Live vs. WantDiscussing with Life
Partner or Loved OneConsulting with an
Expert
MoneyPeace.com March 31, 2017
Is Your Life Partner Your Financial Partner?
MoneyPeace.com March 31, 2017
Taking Care of Your Needs
Fulfilling Your Wants
Simplifying Your Money Systems
Focusing on What is Important
MoneyPeace.com March 31, 2017
3
Simplify
Reach Goals
Enjoy Your Life
Do Work You Enjoy
MoneyPeace.com March 31, 2017
Are Financial Stresses Affecting My Daily Life?
MoneyPeace.com March 31, 2017
MoneyPeace.com March 31, 2017
Financial Independence High
Risk
Aggressive Inflation Hedge
Inflation Hedge
Safety AccountCash Reserve
Foundation Savings Risk ManagementWill:Disability:Homeowner/Renter:Auto:Liability:Life:
4
But how much cash do you need?
MoneyPeace.com March 31, 2017
Income
Spending
Savings
Investments
MoneyPeace.com March 31, 2017
Self Care
Education
Thinking Ahead
Working With What You Have
MoneyPeace.com March 31, 2017
5
Pay Yourself First
Develop a Savings Habit
Use Your Energy Wisely
MoneyPeace.com March 31, 2017
Ask Questions
Expose Yourself to the Financial World
Use Your Benefits
ReadMoneyPeace.com March 31, 2017
Annual Needs
Periodic: Car
One-Time: College
Retirement
MoneyPeace.com March 31, 2017
6
Retirement Plans: RetirementRetirement Plans:D
` Defined Benefit Pension
Defined Contribution
Insurance: Health, Vision, Dental, Life
Other Benefits: Discounts, Resources
MoneyPeace.com March 31, 2017
Have I reviewed my benefit plans and deductions recently?
MoneyPeace.com March 31, 2017
Tax Refunds
Gifts
Unexpected Windfalls
Bonuses
MoneyPeace.com March 31, 2017
7
Do Not Live Off Your Bonus Money
MoneyPeace.com March 31, 2017
Bonus Money
Past Present Future
MoneyPeace.com March 31, 2017
Savings = Cash = Stability
Investments = VolatilityStocksBondsMutual Funds
MoneyPeace.com March 31, 2017
8
How Do I Have An Investment Strategy or Am I Market Timing ?
MoneyPeace.com March 31, 2017
March 31, 2017MoneyPeace.com
Dow Jones Industrials
1996: 6,0002006: 12,000 2017: 21,000 or thereabouts
Build An Investment Strategy
Based On AgeAppropriate to Your Goals In Line with Your Risk Tolerance Investments Reflecting Your Values
MoneyPeace.com March 31, 2017
9
MoneyPeace.com March 31, 2017
Time Frame Investments
1-2 years Cash
3-8 years Bonds
9 years + Stocks
Time Frame Investments
1-2 years Cash
3-8 years Bonds
9 years + Stocks
1 – 2 years Cash
3-8 years Bonds
9 years or more Stocks
Match Your Goals to Your Money
MoneyPeace.com March 31, 2017
Specific Goals: Timing Invest
MoneyPeace.com March 31, 2017
Who? What? Where? When?
What are Do CFP, CFA,ChFC, CLU?
What Are the ABC’s of Investing?
10
Questions to Ask:
Education FeesCompany CompensationCompany Incentives
MoneyPeace.com March 31, 2017
Your Money, Make Conscious Choices
Plan Attentively
Review Regularly
Live Peacefully
MoneyPeace.com March 31, 2017
MoneyPeace.com March 31, 2017
11
Christine Doreen MoriartyFinancial Education through
Workshops, Speaking, Classes & Writing
www.MoneyPeace.com802-453-5913
High
Risk
Aggressive
Inflation Hedge
Inflation Hedge
Safety Account
Cash Reserve
Foundation Savings Risk Management
The Pyramid of Financial
Independence
www.MoneyPeace.com
Will:
Disability/Health:
Homeowner/Renter:
Auto:
Liability:
Life:
FINANCIAL GOALS AND YOUR MONEY
Overall Financial Picture:
Specific Goals: Timing Investment
______________________ _______ _________
______________________ _______ _________
______________________ _______ _________
Next Steps:
________________________________________________________
________________________________________________________
________________________________________________________
MoneyPeace,Inc.
1-802-453-5913
www.moneypeace.com