This document summarizes a financial planning workshop presented by The Colony Group. The agenda covers introduction of the presenters, an overview of the financial planning process, and discussions on budgeting, debt management, savings, personal taxes, retirement planning, investing, risk management, and estate planning. Key points from each section are outlined including tips on budgeting, tax savings strategies, retirement savings vehicles and goals, portfolio construction principles, and different types of insurance coverage.
Military Families Learning Network Webinar - his 90-minute webinar will review a variety of time-tested tax and financial planning strategies including offsetting investment capital gains with capital losses, bunching itemized tax deductions, making charitable contributions, accelerating or delaying income, using up flexible savings account (FSA) balances, adjusting income tax withholding, and maximizing contributions to tax-deferred employer retirement savings plans such as 403(b) plans and the Thrift Savings Plan (TSP). This webinar is presented on behalf of the Military Families Learning Network. https://learn.extension.org/events/1675
How you can become a 401k millionaire in three easy stepsSasha Stewart
There is much uncertainty when you are an immigrant. There are many decisions to be made. However, there is one thing that is certain- the day will come when you will be too old to work. When that day comes, I want you to walk to your boss`s office and turn in your resignation letter, book your dream trip to a tropical paradise and throw a huge retirement party, knowing that your financial future is solid.
The post offers the four-step guide about how you to use employer-sponsored plans (401k, 403b, 457) to start saving for your retirement and retire a millionaire.
Military Families Learning Network Webinar - his 90-minute webinar will review a variety of time-tested tax and financial planning strategies including offsetting investment capital gains with capital losses, bunching itemized tax deductions, making charitable contributions, accelerating or delaying income, using up flexible savings account (FSA) balances, adjusting income tax withholding, and maximizing contributions to tax-deferred employer retirement savings plans such as 403(b) plans and the Thrift Savings Plan (TSP). This webinar is presented on behalf of the Military Families Learning Network. https://learn.extension.org/events/1675
How you can become a 401k millionaire in three easy stepsSasha Stewart
There is much uncertainty when you are an immigrant. There are many decisions to be made. However, there is one thing that is certain- the day will come when you will be too old to work. When that day comes, I want you to walk to your boss`s office and turn in your resignation letter, book your dream trip to a tropical paradise and throw a huge retirement party, knowing that your financial future is solid.
The post offers the four-step guide about how you to use employer-sponsored plans (401k, 403b, 457) to start saving for your retirement and retire a millionaire.
Income Tax Tips for PFMs Working with Military Familiesmilfamln
This is a free webinar hosted by the Personal Finance concentration area of the Military Families Learning Network.
This 90-minute webinar will address updates to tax changes that affect military families and service members. Barbara O’Neill will discuss tax basics and common tax errors during the first half hour of this interactive webinar. In the second half Taylor Spangler of University of Florida Extension will talk about the specific tax issues of concern to military families, as well as provide military specific resources for tax help and support. Carol Kando-Pineda of the Federal Trade Commission will close the session with an update on the resources available through identitytheft.gov. Find more info: https://learn.extension.org/events/3191
800-557-6821 This powerpoint shows how cashflow works when United First Financial 's Money Merge Account helps you pay off debts using credit card(s), savings and checking accounts as a virtual line of credit.
Get started today http://letswork.bossup2019.com
impact101 crowdfunding - impact101 crowdfunding | before joining watch this impact101 crowdfunding review in hindi.
Impact101 Crowdfunding reviews | Impact101 Crowdfunding Impact101 Crowdfunding reviews | Impact101 Crowdfunding
Impact101 crowdfunding platform · impact101 crowdfunding - honest · impact101 crowdfunding login · impact101 crowdfunding join now free training amp Impact101 Crowdfunding Platform
impact101 crowdfunding impact 101 crowdfunding p2pprofit 5050 crowdfunding.
This video is a facebook live recording of 3-10-19 whereby I explain p2pProfit Crowdfunding and Impact 101 Crowdfunding impact101 crowdfunding and 5050 crowdfunding free training.
What is Impact101 Crowdfunding Business Opportunity I want to give special thanks to Planet M for releasing Impact101 Crowdfunding Plan In Hindi | Know Everything About Impact101 Plan In Hindi
Impact101 Crowdfunding Review – What is it Impact101 crowdfunding Impact101 scam थप भिडियोहरू : https://np
For this reason, the Impact 101 Crowdfunding platform includes digital products in the form of marketing tutorials for those using the service to raise money
Copyright @ 2 Crowdfunding
So I began researching how to make passive income a reality with impact101 crowdfunding.
introduction to the impact101 crowdfunding platform. impact101 is an amazing crowdfunding platform where anybody can get donations directly to his bank account without the interference of any third party...
this platform is the best in the crowdfunding industry...
impact 101 crowdfunding fast review. 5050 crowdfunding is the world's initial crowdfunding system permits you to get fifty percent of whatever that occurs in your matrix permanently!.
p2pprofit membership is designed to help you succeed with your crowdfunding campaign..
impact101 crowdfunding honest review.
Impact101 Crowdfunding Reviews Impact101 Crowdfunding
Impact101 crowdfunding - honest · impact101 crowdfunding plan · impact101 crowdfunding login · impact101 crowdfunding and 5050 crowdfunding free
Introduction to the Impact101 Crowdfunding Platform
impact 101 crowdfunding review presentation q&a 21/02/2018.
Impact 101 Crowdfunding is the name impact101 crowdfunding and 5050 crowdfunding free training.
IBO member Dean Corbitt published a video titled: WHAT IS IMPACT101 CROWDFUNDING
Impact101 Crowdfunding Plan In Hindi | Know Everything About Impact101 Plan In Hindi
That's why you see a lot of posts/videos out there about Impact101 crowdfunding review and they compare it to 50/50 CF
539 Views · What do you think about the Impact 101 crowdfunding platform
How to Make Passive Income & Why You Should
The election is over - now what? We recently held free tax planning and preparation seminars discussing the tax consequences of the 2012 election.
The seminar featured Steven Hartstein, CPA, JD - Partner, and Jenna Staton, EA - Manager, and covered several topics including:
•Year end tax planning for individuals and businesses
•Year end tax planning using the estate and gift tax laws for 2012
•2013 tax law if no changes are made
•What the future holds based upon post-election Congress
If you have questions, please feel free to contact our Tax Planning & Preparation Group at 440-449-6800.
Income Tax Tips for PFMs Working with Military Familiesmilfamln
This is a free webinar hosted by the Personal Finance concentration area of the Military Families Learning Network.
This 90-minute webinar will address updates to tax changes that affect military families and service members. Barbara O’Neill will discuss tax basics and common tax errors during the first half hour of this interactive webinar. In the second half Taylor Spangler of University of Florida Extension will talk about the specific tax issues of concern to military families, as well as provide military specific resources for tax help and support. Carol Kando-Pineda of the Federal Trade Commission will close the session with an update on the resources available through identitytheft.gov. Find more info: https://learn.extension.org/events/3191
800-557-6821 This powerpoint shows how cashflow works when United First Financial 's Money Merge Account helps you pay off debts using credit card(s), savings and checking accounts as a virtual line of credit.
Get started today http://letswork.bossup2019.com
impact101 crowdfunding - impact101 crowdfunding | before joining watch this impact101 crowdfunding review in hindi.
Impact101 Crowdfunding reviews | Impact101 Crowdfunding Impact101 Crowdfunding reviews | Impact101 Crowdfunding
Impact101 crowdfunding platform · impact101 crowdfunding - honest · impact101 crowdfunding login · impact101 crowdfunding join now free training amp Impact101 Crowdfunding Platform
impact101 crowdfunding impact 101 crowdfunding p2pprofit 5050 crowdfunding.
This video is a facebook live recording of 3-10-19 whereby I explain p2pProfit Crowdfunding and Impact 101 Crowdfunding impact101 crowdfunding and 5050 crowdfunding free training.
What is Impact101 Crowdfunding Business Opportunity I want to give special thanks to Planet M for releasing Impact101 Crowdfunding Plan In Hindi | Know Everything About Impact101 Plan In Hindi
Impact101 Crowdfunding Review – What is it Impact101 crowdfunding Impact101 scam थप भिडियोहरू : https://np
For this reason, the Impact 101 Crowdfunding platform includes digital products in the form of marketing tutorials for those using the service to raise money
Copyright @ 2 Crowdfunding
So I began researching how to make passive income a reality with impact101 crowdfunding.
introduction to the impact101 crowdfunding platform. impact101 is an amazing crowdfunding platform where anybody can get donations directly to his bank account without the interference of any third party...
this platform is the best in the crowdfunding industry...
impact 101 crowdfunding fast review. 5050 crowdfunding is the world's initial crowdfunding system permits you to get fifty percent of whatever that occurs in your matrix permanently!.
p2pprofit membership is designed to help you succeed with your crowdfunding campaign..
impact101 crowdfunding honest review.
Impact101 Crowdfunding Reviews Impact101 Crowdfunding
Impact101 crowdfunding - honest · impact101 crowdfunding plan · impact101 crowdfunding login · impact101 crowdfunding and 5050 crowdfunding free
Introduction to the Impact101 Crowdfunding Platform
impact 101 crowdfunding review presentation q&a 21/02/2018.
Impact 101 Crowdfunding is the name impact101 crowdfunding and 5050 crowdfunding free training.
IBO member Dean Corbitt published a video titled: WHAT IS IMPACT101 CROWDFUNDING
Impact101 Crowdfunding Plan In Hindi | Know Everything About Impact101 Plan In Hindi
That's why you see a lot of posts/videos out there about Impact101 crowdfunding review and they compare it to 50/50 CF
539 Views · What do you think about the Impact 101 crowdfunding platform
How to Make Passive Income & Why You Should
The election is over - now what? We recently held free tax planning and preparation seminars discussing the tax consequences of the 2012 election.
The seminar featured Steven Hartstein, CPA, JD - Partner, and Jenna Staton, EA - Manager, and covered several topics including:
•Year end tax planning for individuals and businesses
•Year end tax planning using the estate and gift tax laws for 2012
•2013 tax law if no changes are made
•What the future holds based upon post-election Congress
If you have questions, please feel free to contact our Tax Planning & Preparation Group at 440-449-6800.
Meet Crazyjamjam - A TikTok Sensation | Blog EternalBlog Eternal
Crazyjamjam, the TikTok star everyone's talking about! Uncover her secrets to success, viral trends, and more in this exclusive feature on Blog Eternal.
Source: https://blogeternal.com/celebrity/crazyjamjam-leaks/
From the Editor's Desk: 115th Father's day Celebration - When we see Father's day in Hindu context, Nanda Baba is the most vivid figure which comes to the mind. Nanda Baba who was the foster father of Lord Krishna is known to provide love, care and affection to Lord Krishna and Balarama along with his wife Yashoda; Letter’s to the Editor: Mother's Day - Mother is a precious life for their children. Mother is life breath for her children. Mother's lap is the world happiness whose debt can never be paid.
Scandal! Teasers June 2024 on etv Forum.co.zaIsaac More
Monday, 3 June 2024
Episode 47
A friend is compelled to expose a manipulative scheme to prevent another from making a grave mistake. In a frantic bid to save Jojo, Phakamile agrees to a meeting that unbeknownst to her, will seal her fate.
Tuesday, 4 June 2024
Episode 48
A mother, with her son's best interests at heart, finds him unready to heed her advice. Motshabi finds herself in an unmanageable situation, sinking fast like in quicksand.
Wednesday, 5 June 2024
Episode 49
A woman fabricates a diabolical lie to cover up an indiscretion. Overwhelmed by guilt, she makes a spontaneous confession that could be devastating to another heart.
Thursday, 6 June 2024
Episode 50
Linda unwittingly discloses damning information. Nhlamulo and Vuvu try to guide their friend towards the right decision.
Friday, 7 June 2024
Episode 51
Jojo's life continues to spiral out of control. Dintle weaves a web of lies to conceal that she is not as successful as everyone believes.
Monday, 10 June 2024
Episode 52
A heated confrontation between lovers leads to a devastating admission of guilt. Dintle's desperation takes a new turn, leaving her with dwindling options.
Tuesday, 11 June 2024
Episode 53
Unable to resort to violence, Taps issues a verbal threat, leaving Mdala unsettled. A sister must explain her life choices to regain her brother's trust.
Wednesday, 12 June 2024
Episode 54
Winnie makes a very troubling discovery. Taps follows through on his threat, leaving a woman reeling. Layla, oblivious to the truth, offers an incentive.
Thursday, 13 June 2024
Episode 55
A nosy relative arrives just in time to thwart a man's fatal decision. Dintle manipulates Khanyi to tug at Mo's heartstrings and get what she wants.
Friday, 14 June 2024
Episode 56
Tlhogi is shocked by Mdala's reaction following the revelation of their indiscretion. Jojo is in disbelief when the punishment for his crime is revealed.
Monday, 17 June 2024
Episode 57
A woman reprimands another to stay in her lane, leading to a damning revelation. A man decides to leave his broken life behind.
Tuesday, 18 June 2024
Episode 58
Nhlamulo learns that due to his actions, his worst fears have come true. Caiphus' extravagant promises to suppliers get him into trouble with Ndu.
Wednesday, 19 June 2024
Episode 59
A woman manages to kill two birds with one stone. Business doom looms over Chillax. A sobering incident makes a woman realize how far she's fallen.
Thursday, 20 June 2024
Episode 60
Taps' offer to help Nhlamulo comes with hidden motives. Caiphus' new ideas for Chillax have MaHilda excited. A blast from the past recognizes Dintle, not for her newfound fame.
Friday, 21 June 2024
Episode 61
Taps is hungry for revenge and finds a rope to hang Mdala with. Chillax's new job opportunity elicits mixed reactions from the public. Roommates' initial meeting starts off on the wrong foot.
Monday, 24 June 2024
Episode 62
Taps seizes new information and recruits someone on the inside. Mary's new job
Experience the thrill of Progressive Puzzle Adventures, like Scavenger Hunt Games and Escape Room Activities combined Solve Treasure Hunt Puzzles online.
240529_Teleprotection Global Market Report 2024.pdfMadhura TBRC
The teleprotection market size has grown
exponentially in recent years. It will grow from
$21.92 billion in 2023 to $28.11 billion in 2024 at a
compound annual growth rate (CAGR) of 28.2%. The
teleprotection market size is expected to see
exponential growth in the next few years. It will grow
to $70.77 billion in 2028 at a compound annual
growth rate (CAGR) of 26.0%.
Create a Seamless Viewing Experience with Your Own Custom OTT Player.pdfGenny Knight
As the popularity of online streaming continues to rise, the significance of providing outstanding viewing experiences cannot be emphasized enough. Tailored OTT players present a robust solution for service providers aiming to enhance their offerings and engage audiences in a competitive market. Through embracing customization, companies can craft immersive, individualized experiences that effectively hold viewers' attention, entertain them, and encourage repeat usage.
In the vast landscape of cinema, stories have been told, retold, and reimagined in countless ways. At the heart of this narrative evolution lies the concept of a "remake". A successful remake allows us to revisit cherished tales through a fresh lens, often reflecting a different era's perspective or harnessing the power of advanced technology. Yet, the question remains, what makes a remake successful? Today, we will delve deeper into this subject, identifying the key ingredients that contribute to the success of a remake.
Hollywood Actress - The 250 hottest galleryZsolt Nemeth
Hollywood Actress amazon album eminent worldwide media, female-singer, actresses, alhletina-woman, 250 collection.
Highest and photoreal-print exclusive testament PC collage.
Focused television virtuality crime, novel.
The sheer afterlife of the work is activism-like hollywood-actresses point com.
173 Illustrate, 250 gallery, 154 blog, 120 TV serie logo, 17 TV president logo, 183 active hyperlink.
HD AI face enhancement 384 page plus Bowker ISBN, Congress LLCL or US Copyright.
Meet Dinah Mattingly – Larry Bird’s Partner in Life and Loveget joys
Get an intimate look at Dinah Mattingly’s life alongside NBA icon Larry Bird. From their humble beginnings to their life today, discover the love and partnership that have defined their relationship.
As a film director, I have always been awestruck by the magic of animation. Animation, a medium once considered solely for the amusement of children, has undergone a significant transformation over the years. Its evolution from a rudimentary form of entertainment to a sophisticated form of storytelling has stirred my creativity and expanded my vision, offering limitless possibilities in the realm of cinematic storytelling.
Young Tom Selleck: A Journey Through His Early Years and Rise to Stardomgreendigital
Introduction
When one thinks of Hollywood legends, Tom Selleck is a name that comes to mind. Known for his charming smile, rugged good looks. and the iconic mustache that has become synonymous with his persona. Tom Selleck has had a prolific career spanning decades. But, the journey of young Tom Selleck, from his early years to becoming a household name. is a story filled with determination, talent, and a touch of luck. This article delves into young Tom Selleck's life, background, early struggles. and pivotal moments that led to his rise in Hollywood.
Follow us on: Pinterest
Early Life and Background
Family Roots and Childhood
Thomas William Selleck was born in Detroit, Michigan, on January 29, 1945. He was the second of four children in a close-knit family. His father, Robert Dean Selleck, was a real estate investor and executive. while his mother, Martha Selleck, was a homemaker. The Selleck family relocated to Sherman Oaks, California. when Tom was a child, setting the stage for his future in the entertainment industry.
Education and Early Interests
Growing up, young Tom Selleck was an active and athletic child. He attended Grant High School in Van Nuys, California. where he excelled in sports, particularly basketball. His tall and athletic build made him a standout player, and he earned a basketball scholarship to the University of Southern California (U.S.C.). While at U.S.C., Selleck studied business administration. but his interests shifted toward acting.
Discovery of Acting Passion
Tom Selleck's journey into acting was serendipitous. During his time at U.S.C., a drama coach encouraged him to try acting. This nudge led him to join the Hills Playhouse, where he began honing his craft. Transitioning from an aspiring athlete to an actor took time. but young Tom Selleck became drawn to the performance world.
Early Career Struggles
Breaking Into the Industry
The path to stardom was a challenging one for young Tom Selleck. Like many aspiring actors, he faced many rejections and struggled to find steady work. A series of minor roles and guest appearances on television shows marked his early career. In 1965, he debuted on the syndicated show "The Dating Game." which gave him some exposure but did not lead to immediate success.
The Commercial Breakthrough
During the late 1960s and early 1970s, Selleck began appearing in television commercials. His rugged good looks and charismatic presence made him a popular brand choice. He starred in advertisements for Pepsi-Cola, Revlon, and Close-Up toothpaste. These commercials provided financial stability and helped him gain visibility in the industry.
Struggling Actor in Hollywood
Despite his success in commercials. breaking into large acting roles remained a challenge for young Tom Selleck. He auditioned and took on small parts in T.V. shows and movies. Some of his early television appearances included roles in popular series like Lancer, The F.B.I., and Bracken's World. But, it would take a
Maximizing Your Streaming Experience with XCIPTV- Tips for 2024.pdfXtreame HDTV
In today’s digital age, streaming services have become an integral part of our entertainment lives. Among the myriad of options available, XCIPTV stands out as a premier choice for those seeking seamless, high-quality streaming. This comprehensive guide will delve into the features, benefits, and user experience of XCIPTV, illustrating why it is a top contender in the IPTV industry.
Matt Rife Cancels Shows Due to Health Concerns, Reschedules Tour Dates.pdfAzura Everhart
Matt Rife's comedy tour took an unexpected turn. He had to cancel his Bloomington show due to a last-minute medical emergency. Fans in Chicago will also have to wait a bit longer for their laughs, as his shows there are postponed. Rife apologized and assured fans he'd be back on stage soon.
https://www.theurbancrews.com/celeb/matt-rife-cancels-bloomington-show/
Skeem Saam in June 2024 available on ForumIsaac More
Monday, June 3, 2024 - Episode 241: Sergeant Rathebe nabs a top scammer in Turfloop. Meikie is furious at her uncle's reaction to the truth about Ntswaki.
Tuesday, June 4, 2024 - Episode 242: Babeile uncovers the truth behind Rathebe’s latest actions. Leeto's announcement shocks his employees, and Ntswaki’s ordeal haunts her family.
Wednesday, June 5, 2024 - Episode 243: Rathebe blocks Babeile from investigating further. Melita warns Eunice to stay clear of Mr. Kgomo.
Thursday, June 6, 2024 - Episode 244: Tbose surrenders to the police while an intruder meddles in his affairs. Rathebe's secret mission faces a setback.
Friday, June 7, 2024 - Episode 245: Rathebe’s antics reach Kganyago. Tbose dodges a bullet, but a nightmare looms. Mr. Kgomo accuses Melita of witchcraft.
Monday, June 10, 2024 - Episode 246: Ntswaki struggles on her first day back at school. Babeile is stunned by Rathebe’s romance with Bullet Mabuza.
Tuesday, June 11, 2024 - Episode 247: An unexpected turn halts Rathebe’s investigation. The press discovers Mr. Kgomo’s affair with a young employee.
Wednesday, June 12, 2024 - Episode 248: Rathebe chases a criminal, resorting to gunfire. Turf High is rife with tension and transfer threats.
Thursday, June 13, 2024 - Episode 249: Rathebe traps Kganyago. John warns Toby to stop harassing Ntswaki.
Friday, June 14, 2024 - Episode 250: Babeile is cleared to investigate Rathebe. Melita gains Mr. Kgomo’s trust, and Jacobeth devises a financial solution.
Monday, June 17, 2024 - Episode 251: Rathebe feels the pressure as Babeile closes in. Mr. Kgomo and Eunice clash. Jacobeth risks her safety in pursuit of Kganyago.
Tuesday, June 18, 2024 - Episode 252: Bullet Mabuza retaliates against Jacobeth. Pitsi inadvertently reveals his parents’ plans. Nkosi is shocked by Khwezi’s decision on LJ’s future.
Wednesday, June 19, 2024 - Episode 253: Jacobeth is ensnared in deceit. Evelyn is stressed over Toby’s case, and Letetswe reveals shocking academic results.
Thursday, June 20, 2024 - Episode 254: Elizabeth learns Jacobeth is in Mpumalanga. Kganyago's past is exposed, and Lehasa discovers his son is in KZN.
Friday, June 21, 2024 - Episode 255: Elizabeth confirms Jacobeth’s dubious activities in Mpumalanga. Rathebe lies about her relationship with Bullet, and Jacobeth faces theft accusations.
Monday, June 24, 2024 - Episode 256: Rathebe spies on Kganyago. Lehasa plans to retrieve his son from KZN, fearing what awaits.
Tuesday, June 25, 2024 - Episode 257: MaNtuli fears for Kwaito’s safety in Mpumalanga. Mr. Kgomo and Melita reconcile.
Wednesday, June 26, 2024 - Episode 258: Kganyago makes a bold escape. Elizabeth receives a shocking message from Kwaito. Mrs. Khoza defends her husband against scam accusations.
Thursday, June 27, 2024 - Episode 259: Babeile's skillful arrest changes the game. Tbose and Kwaito face a hostage crisis.
Friday, June 28, 2024 - Episode 260: Two women face the reality of being scammed. Turf is rocked by breaking
1. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Insert
Financial Planning Workshop
March 27, 2013
2. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Agenda
Introduction
The Financial Planning Process
Budgeting, Debt Management, and Saving
Personal Taxes and Tax Planning
Retirement Planning
Investing
Risk Management and Personal Insurance
Estate Planning
3. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Introduction
Patrick Donnelly, CFP®
• Vice President & Senior Financial Counselor
• Certified Financial Planner, CFP®
• 12 years of financial services experience, 8 as a personal financial planner
to high net worth clients
Matt Ilteris, EA®, CFP®
• Financial Counselor
• Enrolled Agent, EA®
• 8 years of experience with The Colony Group
Shaun Thompson, CFA, CFP®
• Financial Counselor
• Chartered Financial Analyst, CFA
• 8 years of financial services experience
4. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
The Financial Planning Process
Gathering
data and
goals
Analyzing and
evaluating
your financial
status
Developing
a plan
Implementing
the plan
Monitoring
the plan
5. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Budgeting
Where does my
paycheck go?
• Taxes
• Insurance – Health, Dental, Home, Auto, Life, Disability, etc.
• Debt service – Student Loans, Mortgage, Auto Loan
• Retirement Savings
• Utilities
• Food, Clothing, Furnishing
• Entertainment
• Travel, Vacation
• Child care
• Personal Savings
Why is budgeting
important?
• Identify your spending patterns
• Prioritize your spending (needs vs. wants)
• Eliminate potentially damaging spending behavior
• Control your money or your money will control you
• Piece of mind and increases probability of reaching goals
Note: www.mint.com is useful for tracking expenses and identifying trends.
6. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Debt Management
Organizing and prioritizing debt obligations is critical to successful financial planning
Fixed Rate vs. Variable Rate
Student Loans
Credit Cards
Auto Loans – Lease vs. Buy
Mortgage – Rent vs. Buy
7. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Savings
• Emergency fund (3-6 mos. of expenses)
• Down payment on home (20% of purch.)
• Car purchase
• Vacation
• College savings for children
• Investing
Non-retirement savings
• Starting now makes it easier
• Take advantage of tax-deferral
• Maximize employer contributions
• Target a 15% savings rate
• Avoid pauses
• Do not touch it until retirement
Retirement savings
8. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
• Filing Requirement
• Tax Rates
• Tax Calculation
• Tax Savings Tips
“In this world,
nothing can be
said to be
certain, except
death and taxes.”
- Benjamin Franklin
Personal Tax
Introduction
9. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Personal Tax
Filing requirement
Enforcement in a “Voluntary” Compliance System
• Unlike the taxing systems of certain other countries, the U.S.
taxing system depends largely on voluntary compliance.
• Federal and state returns need to be filed by April, 15th.
Taxpayers are allowed a six-month extension to file their
return. It is an extension of the time to file, NOT to pay.
• Online is easiest and inexpensive. Will pick up most
deductions and relevant scenarios.
• Accountants tend to be relatively expensive, but can be
helpful if your return is complicated (i.e., rental property, self-
employed, etc.)
10. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Personal Tax
2013 Income Tax Brackets
2013 Ordinary Income Tax Rates
Single Married (Filing Jointly)
$0-$8,925 10% $0-$17,850 10%
$8,925-$36,250 15% $17,850-$72,500 15%
$36,250-$87,850 25% $72,500-$146,400 25%
$87,850-$183,250 28% $146,400-$223,050 28%
$183,250-$398,350 33% $223,050-$398,350 33%
$398,350-$400,000 35% $398,350-$450,000 35%
Over $400,000 39.6% Over $450,000 39.6%
Alternative Minimum Tax Rates: 26%, 28%
2013 Long-Term Capital Gain and Qualified Dividend Tax Rates
Single Married (Filing Jointly)
$0-$36,250 0% $0-$72,500 0%
$36,250-$400,000 15% $72,500-$450,000 15%
Over $400,000 20% Over $450,000 20%
11. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Personal Tax
History Class
0
10
20
30
40
50
60
70
80
90
100
1913 1923 1933 1943 1953 1963 1973 1983 1993 2003
Tax
Rate
(%)
Year
Highest Marginal Ordinary Income Tax Rates
Top Marginal Tax Rate
12. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Personal Tax
Calculating Your Tax Liability: The Basics
Income Tax Calculation
$ Gross Income
- Adjustments
= Adjusted Gross
Income
- Deductions
- Personal Exemptions
= Taxable Income
x Tax Rate
= TAX LIABILITY
13. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Personal Tax
Calculating Your Tax Liability: Gross Income
Income Tax Calculation
$ Gross Income
- Adjustments
= Adjusted Gross
Income
- Deductions
- Personal Exemptions
= Taxable Income
x Tax Rate
= TAX LIABILITY
Compensation (W-2)
Dividends
Alimony received
Interest
Business profits
Gains
Rents
Royalties
Refunds
Other
14. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Personal Tax
Calculating Your Tax Liability: Adjustments
Income Tax Calculation
$ Gross Income
- Adjustments
= Adjusted Gross
Income
- Deductions
- Personal Exemptions
= Taxable Income
x Tax Rate
= TAX LIABILITY
Business expenses
Losses from sales
Alimony paid
IRA contributions
Moving expenses
Rental expenses
Other
15. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Personal Tax
Calculating Your Tax Liability: Deductions
Income Tax Calculation
$ Gross Income
- Adjustments
= Adjusted Gross
Income
- Deductions
- Personal Exemptions
= Taxable Income
x Tax Rate
= TAX LIABILITY
Higher of:
Standard Deduction
Single: $6,100
MFJ: $12,200
Itemized Deductions
Taxes
Interest
Casualty losses
Charitable donations
Employee education
Medical expenses
Other
16. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Personal Tax
Calculating Your Tax Liability: Exemptions
Income Tax Calculation
$ Gross Income
- Adjustments
= Adjusted Gross
Income
- Deductions
- Personal Exemptions
= Taxable Income
x Tax Rate
= TAX LIABILITY
$3,900 for 2013
17. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Personal Tax
Take-home pay
Cash Flow and Paycheck Analysis
Gross $50,000 $100,000
Federal Tax $4,600 $16,000
MA Tax $1,700 $4,200
Social Security $3,100 $6,200
Medicare $700 $1,400
401(k) $3,000 6% $6,000 6%
Medical $3,500 $3,500
Disability $500 $500
Life $500 $500
Net $32,400 65% $61,700 60%
Calculated using “Single” filing status
18. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Personal Tax
Keeping more in your pocket
Tax Savings Tips
•Transportation: Employees can pay for transportation costs, such as a mass
transit pass or qualified parking, on a pre-tax basis up to $240/month.
•Student Loan Interest: Individuals may deduct up to $2,500 of interest paid on
a qualified student loan used for higher education, subject to AGI limits.
•Education Credits: American Opportunity Tax Credit is available for the first
four years of postsecondary education. The maximum annual credit is $2,500, subject
to AGI limits. Lifetime Learning Credit up to $2,000 (annual) available for an unlimited
number of years, subject to AGI limits.
•529 College Savings Plan: Contributions not tax-deductible, but earnings
grow tax-deferred and qualified distributions are tax-free.
•Massachusetts Rental Deduction: Limited to 50% of the rent paid to a
landlord up to $3,000 for your primary residence.
19. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Personal Tax
Keeping more in your pocket
Tax Savings Tips
•Flexible Spending Account (FSA): Allow employees to set aside a portion of
earnings pre-tax to pay for qualified medical and dental expenses. $2,500 limit in
2013.
•401(k):
Traditional 401(k) contributions are made with pre-tax dollars (upfront tax break,
taxable when distributed).
Roth 401(k) contributions are made with after-tax dollars (no upfront tax break,
tax-free when distributed).
At the very least, contribute enough to obtain the maximum employer match, if
available.
•IRA: Make a Traditional IRA (pre-tax) or Roth IRA (after-tax) contribution if
circumstances warrant such a contribution.
20. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Retirement Planning
Savings Vehicles
Employer sponsored plans: Defined Contribution (most
common) and Defined Benefit (rare)
Defined Contribution 401k limits
• $17,500 max salary deferral in 2013
• Employer matching contributions & profit sharing
• $51,000 max total contribution amount in 2013 (employee + employer)
No employer plan? Consider a Traditional or Roth IRA
• $5,500 maximum contribution in 2013 for both (deduction and contribution
limits based on AGI apply)
Note: Social Security approx. max benefit is currently only
$30,000 /year – supplementing is necessary.
21. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Retirement Planning
Power of Compounding and Tax Deferral
Example: Invest $50,000 today, earn 8% per year for 10, 20, or 30 years
(50,000)(1.08)^10 = 107,900 (2.15 multiple)
(50,000)(1.08)^20 = 233,000 (4.66 multiple)
(50,000)(1.08)^30 = 503,100 (10.06 multiple)
Observations
1. If you needed 503,100 at retirement, but only had 10 years to invest, you would need to either
(a) invest 233,000 or (b) earn 26% per year.
2. Tax deferral can increase the value of compounding because you avoid paying capital gains
taxes if selling appreciated securities.
3. All else equal, if you anticipate your tax rate will be lower in retirement, it is advantageous to
invest with pre-tax dollars as opposed to the after-tax equivalent (i.e. 37,500 if a 25% current
tax rate was assumed).
22. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Investing
Basics
Why do I need to
invest?
• Retirement
• Goals: major purchases
(house)
• College education
• Maintain purchasing
power against inflation
Where do I invest?
• Discount broker
(Scottrade, E*Trade,
etc.)
• Broker (Fidelity,
Schwab)
• RIA (The Colony
Group)
• Individual advisor
What credentials
should I look for?
• Certified Financial
Planner® (CFP®)
Practitioner
• Chartered Financial
Analyst designation
(CFA)
• Certified Public
Accountant (CPA)
23. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Investing
Portfolio Construction
Diversification
Asset Allocation
(Equities vs. Bonds)
Risk Tolerance
Ability
Willingness
Time Horizon
The ability to tolerate higher
volatility coupled with a long
time horizon equates to a more
aggressive asset allocation
(more equities and less bonds).
House purchase,
retirement savings, job
security, etc.
Are you averse to losses?
24. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Investing
Portfolio Construction
Domestic
Equities
55%
Int’l
Equities
15%
Fixed
Income
30%
Growth Investment Portfolio
Note: Remember to keep 3-6 months of available cash for expenses.
Domestic Equities
Large, Mid, Small
International Equities
Developed, Emerging
Fixed Income (Bonds)
Corporate, Municipal
25. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Investing
Marketplace
Active vs. Passive Management
Mutual Funds
- Expense ratio, front and back-end loads, redemption fees
Target Date Mutual Funds
- May be ideal if you are not comfortable choosing investments
Exchange Trade Funds (ETFs)
- Low expense ratios with some brokers offering commission free ETFs
Individual Stocks and Bonds
- Time consuming and diversification requires significant money for investment
Annuities
Note: www.morningstar.com is useful for researching mutual funds and ETFs.
26. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Risk Management and Personal Insurance
Health
Insurance
Automobile
Insurance
Property
Insurance
Liability
Insurance
Life
Insurance
Disability
Insurance
Identity
Theft
27. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Health Insurance
Covered by parents’ insurance until you
turn 19, or 26 if you are a full time student
Individual health insurance policies are
expensive
Employer-provided group coverage tends
to be the best solution
HMO vs. PPO
28. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Automobile Insurance
Inquire about discounts
Good driving Good student Driver training Annual mileage Anti-theft Etc.
Review deductibles for potential premium savings
Coverage can get expensive depending on age, vehicle, driving record, and principle garaging
College students can be covered under their parents’ policy if they share the same legal address
29. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Automobile Insurance Policy
30. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Property Insurance
Renters, Condo, and Homeowners
Protection of your possessions whether at home or not
Renters Insurance is a relatively low cost way to protect your personal belongings
If someone is injured during an accident at your home, insurance can help protect you in the
event of a lawsuit
Be sure to catalog your belongings with a digital camera
31. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Renters Insurance Policy
32. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Liability Insurance
Liability coverage via
automobile and
property policies
Umbrella liability
coverage is a relatively
inexpensive way to
protect yourself from a
catastrophic lawsuit
$1,000,000 of
umbrella liability
coverage can cost as
little as $150 per year
33. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Life Insurance
Why might I need life insurance?
• Pay off debt
• Income replacement for
dependents
• Funding future goals such as
college education for child(ren)
How much do I need?
What type is right for me?
• Term vs. Whole Life
Where do I get it?
• Individual vs. Group
34. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Disability Insurance
Why might I need
disability insurance?
• Income replacement
• A 30-year-old has a
40% chance of
suffering a disability
prior to age 65
• 30-year-olds are three
times more likely to
suffer a disability than
they are to die
How much do I need?
• Typically 60% of your
gross income
Where do I get it?
• Individual vs. Group
35. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Identity Theft
9 million U.S. victims per year
Avoid using your Social Security Number
Shred documents with personal information
Use strong passwords, secure websites, and private
Wi-Fi
www.annualcreditreport.com
36. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Estate Planning
Basic Documents
Will – distributes property at death; names guardians and executor
Trust – used during lifetime and at death; manages and distributes assets
Durable Power of Attorney – lifetime document that gives legal
authority to another to make decisions on your behalf
Living Will or Medical Directive – lifetime document that states
your intent and names Health Care Agent
Personal Memorandum – communicates your wishes at death
37. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Estate Planning
Will
What if you die without a will?
• Your estate will be distributed according to your state’s “intestate
succession” statutes. May not necessarily distribute your property
as you would have desired.
• Your estate usually will be subject to probate; the legal process
used to value your estate, settle and debts, pay estate and other
taxes, and make an orderly distribution of assets to your heirs.
• Distribution to your heirs can be delayed from one to two years –
or longer. Substantial legal and administrative fees may be
incurred.
• The court will appoint a guardian for your minor children.
• Your estate may be subject to needless taxation.
38. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Estate Planning
Trust
Primary uses for trusts.
• Avoids publicity, expenses, and delays of probate.
• Avoids interruption of income for family members.
• Serves as receptacle for estate assets and death benefits from life
insurance of the settler.
• Facilitates gifts to charities in states in which there are restrictions
on charitable gifts by will.
• Places the property beyond the reach of the settlor’s creditors, at
least in some states.
39. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Estate Planning
DPOA
Durable Power of Attorney
• A durable power of attorney is a legal document that allows a
named individual to act on behalf of another person until the
death of that person. The designated individual may make legal
and financial decisions, as well as personal decisions.
40. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Estate Planning
Living Will
Medical Directive/Living Will
• A medical directive states in writing the wishes of an individual
should he or she become incapacitated and terminally ill. A
medical directive may state, for example, an individual’s wish to
forgo artificial respiration or to donate organs.
41. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Estate Planning
Personal Memorandum
Personal Memorandum
• A personal memorandum is not a legal document. It may state, in
the form of a letter, video tape, photo album, etc., any
sentimental wishes to convey to his or her survivors upon his or
her death.
42. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Estate Planning
Steps in the process
Drafting Documents
Will, trust, DPOA, living will, and personal memorandum.
Selecting Fiduciaries
Fiduciaries are institutions or individuals who oversee the estate and its legal and financial administration.
Minimizing Estate Taxes
Work with an estate planner, lawyer, or tax advisor to discuss ways to minimize your survivor’s estate and inheritance taxes.
Forming a Distribution Plan
Determine and set guidelines for how your assets will be distributed upon your death, naming primary, as well as secondary, beneficiaries.
Designating Beneficiaries
Select beneficiaries for your life insurance policy, retirement savings, IRAs, etc.
Determine Family Income Needs
These include income requirements, education costs, and special needs of dependents or minor children.
43. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Contact information
Patrick Donnelly, CFP®
• Two Atlantic Avenue, Boston, MA 02110
• (617) 723-8200 ext. 244
• pdonnelly@thecolonygroup.com
Matt Ilteris, EA ®, CFP®
• Two Atlantic Avenue, Boston, MA 02110
• (617) 723-8200 ext. 264
• milteris@thecolonygroup.com
Shaun Thompson, CFA, CFP®
• Two Atlantic Avenue, Boston, MA 02110
• (617) 723-8200 ext. 236
• sthompson@thecolonygroup.com
44. The Colony Group, LLC The Smart Choice in Wealth Management.™ www.thecolonygroup.com
Disclosures
The Colony Group, LLC (“Colony”) is an SEC Registered Investment Advisor headquartered in Boston. Registration does not imply that
the SEC has endorsed or approved the qualifications of Colony or its respective representatives to provide any advisory services
described herein.
Information provided herein is general and educational in nature. It is not intended to be, and should not be construed as, investment
advice. Colony’s financial planning and investment advisory services are provided pursuant to an advisory agreement with the client.
Data and statistics included in this presentation are based upon information reasonably available to Colony as of the date of this
presentation. Information has been obtained from sources that Colony believes to be reliable; but these sources cannot be guaranteed
as to their accuracy or completeness. The delivery of this presentation shall not, under any circumstances, create any implication that the
information contained herein is correct, including as of any time subsequent to the date of this presentation, and Colony does not
undertake an obligation to update such information at any time after such date.
Colony’s Form ADV Part 2A and 2B and Privacy Statement will be provided as required by law.
This presentation is confidential and intended only for use of the person to whom it is distributed by Colony. Further
distribution or disclosure is expressly prohibited without the prior written consent of Colony.