Budget: What is it? [Organization of Money] - PowerPoint:Yaryalitsa
PowerPoint Presentation looking at
WHAT IS A BUDGET
among other things:
It looks at some given meanings.
Rule of 72
Simple Interest
Savings Plan
There is a worksheet that accompanies the PowerPoint.
Budget: What is it? [Organization of Money] - PowerPoint:Yaryalitsa
PowerPoint Presentation looking at
WHAT IS A BUDGET
among other things:
It looks at some given meanings.
Rule of 72
Simple Interest
Savings Plan
There is a worksheet that accompanies the PowerPoint.
It’s a Money Thing is a collection of effective and affordable financial education content designed to engage and teach young adults while setting your credit union apart. These presentations and other elements are all customizable with your credit union's logo. Check out Currency Marketing at currencymarketing.ca/money-thing for more information.
Great property opportunity - Property trust deleveraging with strata opportunity to abitrage on cap rates - minimum investment $500K - IRR expectation 50%
Bogleheads II for new investors in Milwaukee Wisconsin: Debt Reduction can be easier with a strategy to reduce the amount of interest and pay off debt efficiently.
It’s a Money Thing is a collection of effective and affordable financial education content designed to engage and teach young adults while setting your credit union apart. These presentations and other elements are all customizable with your credit union's logo. Check out Currency Marketing at currencymarketing.ca/money-thing for more information.
Great property opportunity - Property trust deleveraging with strata opportunity to abitrage on cap rates - minimum investment $500K - IRR expectation 50%
Bogleheads II for new investors in Milwaukee Wisconsin: Debt Reduction can be easier with a strategy to reduce the amount of interest and pay off debt efficiently.
This is the third presentation for the University of New England Graduate School of Business unit GSB711 - Managerial Finance. It explores the time value of money, using examples to help students clarify this concept.
This is an opportunity that the american people can learn how to bank like a bank. Think when the back close they don\'t use no one to move money. They use a sophisticated software solutions to move and grow money. They use a Mathematical Algorithm. So, if a bank uses Algorithms to build wealth why can\'t the consumer can use an Algorithm to save money and build wealth. Contact me I can show you how you can do this just with your income you bring home now.
The CECL Workshop Series Part II: Vintage AnalysisLibby Bierman
This webinar covered concerns with methodologies as institutions prepare for the FASB's proposed current expected credit loss (CECL) model. This presentation covered the importance of scenario building, choosing methodologies to test, and gave a deep dive into vintage analysis CECL scenarios.
2. Key Planning Assumptions
• Starting Point – How much do I have now?
– Take inventory
• Financial needs – How much do I need to have?
– Retirement: 20 x (80% of Current Income) ‘quick and dirty’
– What about inflation? Assume 4% per year.
• Risk Tolerance – How much risk am I willing to take?
– Not Enough: “Scared money don’t make none”
– Too much: “Pigs get fat, hogs get slaughtered”
• Time Horizon – How soon do I need outcome?
• Current Budget – How much can I commit to invest?
• Avg. Annual Return – What return am I getting per dollar invested?
– ‘Total Return Strategy’ vs. ‘Buy and Hold’
– What is realistic based on the current environment?
3. Million Dollar Savings Plan – Ten Years
Avg. 12% return Fixed Contribution ($16K)
(max contribution to 401(k))
Starting Expected Time Monthly Starting Needed Time Monthly
Point Return Frame Add Point Return Frame Add
$0k 12% 10 yrs 4304.05 $0k 30.0% 10 yrs 1333.33
$100k 12% 10 yrs 2883.55 $100k 17.5% 10 yrs 1333.33
$250k 12% 10 yrs 752.79 $250k 10.5% 10 yrs 1333.33
$500k 12% 10 yrs (2798.47) $500k 4.6% 10 yrs 1333.33
Assumes: fixed monthly contribution; tax deferred growth;
reinvested cap gains, dividends and interest
4. Million Dollar Plan – Risk Adverse
Avg. 8% return Avg. 8% return
(with fixed contribution) (with fixed time period)
Starting Expected Time Monthly Starting Expected Time Monthly
Point Return Frame Add Point Return Frame Add
$0k 8% 22 yrs 1333.33 $0k 8% 10 yrs 5429.89
$100k 8% 17 yrs 1333.33 $100k 8% 10 yrs 4224.65
$250k 8% 12 yrs 1333.33 $250k 8% 10 yrs 2416.79
$500k 8% 7 yrs 1333.33 $500k 8% 10 yrs (596.31)
Assumes: fixed monthly contribution; tax deferred growth;
reinvested cap gains, dividends and interest
5. Other Considerations
• Emergency Cash – Do I have enough reserve cash to cover situations that
occur?
• Insurance – Do I have enough or too much?
– DI, LTC, Life and Annuities
– “15 minutes on GEICO”
• Inflation – How does inflation impact my plan?
– Purchasing Power Risk
• Taxes – How do taxes impact my plan?
– Tax planning with other advisors
– Using tax deferred vehicles (401(k), Defined Benefit Plans, Annuities)
• Other $ needs – Do I need to plan for children's education or elderly
parents? Vacation home? Travelling? Start a business?
– Separate or Inclusive planning
6. Other $ Investment Opportunities
• Buying and Selling Real Estate
– Personal vs. Commercial
• Buying and Selling a Business
• Receiving an inheritance
• Job/Career transition
• Short term cash investments
7. What do I do now?
• Call me at 702-227-7033 and make an
appointment.