San Francisco, California
London, United Kingdom
Financial ABC’s of Retirement Planning
This course provides a fundamental working knowledge of the principles of conservative retirement planning as they apply to retirement planning. The materials cover varied aspects of conservative retirement planning, such as changes in planning paradigms, history of markets, impact of bear markets, retirement budgeting, aspects of financial decisions, and more, while highlighting the ABC Planning Model. Students will increase their awareness of the overall risk in the markets as well as possible asset allocation models to help manage exposure to risk. This course also covers conservative retirement planning, income planning, asset allocation, and appropriate financial decisions. It is not designed to give specific solutions to individual needs.
This is not a financial seminar; this is a financial course of study where you will leave with the knowledge and confidence to make financial decisions suited to your level of risk and in-line with the goals and objectives you establish.
The objectives of this course are to provide you with the tools, insight, and proven strategies that will allow you to build a retirement plan that you are confident will achieve the goals you set for your retirement. This course will teach you easy-to-understand strategies on how to save money on taxes, manage investment risks and create the income stream for the retirement that you want. By the end of this course, you should be able to:
- Understand the development of risk in the markets
- Strategically allocate your assets in a conservative manner
- Develop an income plan for your retirement
- Know the difference between fixed principal and fixed income assets and how to use them
- Develop your own financial profile
- Know what questions to ask a potential advisor
- Determine your own personal risk tolerance
- Develop your own retirement budget
Your Reading Material
The course is based on the book “Bat-Socks, Vegas and Conservative Investing”, by author and financial planner David P. Vick and its companion, “The Financial ABC’s of Retirement Planning Workbook”. Both will be provided for you. Plus you will receive the “ABC’s of Conservative Planning Concepts” DVD.
If you are looking for answers to what happens to your plans when the financial markets experience a downward trending bear, and what you can do to limit the exposure you have to it, this course is for you. If you are concerned about your IRA, 401(k), 403(b) or other retirement accounts or maybe just want to be more confident in your current plan you will believe this course is time and money well spent.
The best way to profit from this course is to read the assigned chapters, do the assigned homework and participate in the classroom discussions as you feel comfortable.
Below is an outline of the content of each section of the course.
Section 1: The Need for a New Model
The days of Pensions are disappearing and Social Security is in jeopardy! Today, retirees are forced to adapt to new rules which, in many cases, they have never played by in the past. Section 1 will cover ways to address these new rules and adjust to shifting paradigms and perspectives.
Chapter One: What is Conservative Retirement Planning?
Defines what conservative retirement planning is and helps identify who is a conservative planner.
Chapter Two: Shifts in Planning Paradigms and Perspectives
This chapter discusses changes in planning perspectives & paradigms which affect the conservative planner.
Chapter Three: Six Wall Street Myths
The instructor will discuss six well known Wall Street maxims and show them to be myths.
Chapter Four: The Need for a New Model
This chapter explains the need for a new model and why the author believes Wall Street is a broken culture by exposing its “greed is good” nature.
Section 2: The ABC Planning Model
In Section 2, we will discuss the Color of Money: What is Yellow Money, Red Money, and Green Money, and what assets comprise them. You will learn how to allocate the proper assets to each category. We will discuss how the ABC Model can help you in Bull Markets and save you in Bear Markets.
Chapter Five: The ABC Planning Model
The ABC Planning Model is explained in detail, showing the conservative nature of the model.
Chapter Six: Yellow Money Planning - Cash and Liquidity
This chapter identifies the type of assets in Column A, the importance of liquidity, and their positives and negatives.
Chapter Seven: Green Money Planning - Safe Money
Describes which assets are ideal for the B Column. Outlines three Green Money Rules and why they are important to the conservative planner.
Chapter Eight: Red Money Planning - At Risk
Talks about the risk nature of Column C and what type of assets belong in a conservative’s risk portion of their portfolio. Also discusses the difference between Tactical and Buy & Hold managed assets.
Chapter Nine: ABC’s in a Bear Market
We discuss the effects of a bear market on a portfolio of assets and why the ABC Planning Model works well in a prolonged bear market.
Section 3: Retirement Planning Issues
This section will address your number one need in retirement…INCOME. You will learn how to plan to have enough and stay ahead of the inflation curve. For most Americans, their largest asset going into retirement is their 401(k), 403(b) or their IRA. In this section, we will go into great depth on how to preserve those accounts from the devastation of Taxes and Required Minimum Distribution (RMD).
Chapter Ten: Planning for Income
This chapter reveals the great need for income planning and possible solutions with guarantees.
Chapter Eleven: Seven Problems with a 401(k) in Retirement
The student will learn seven problems with a 401(k) in while in retirement including limited choices and beneficiaries.
Section 4: Making Your Own ABC Plan
In our final section you will learn how to create your own ABC Plan. We will discuss the planning process in great length, including the Seven Steps to Building Your ABC Plan. We will also discuss how to use the tools for planning that are in your workbook to make sure your plan is designed to suit your true needs.
Chapter Twelve: Choosing an Advisor
Choosing and advisor who you like, trust and is competent is made easier to understand in this chapter, which includes over 20 questions to ask a potential advisor.
Chapter Thirteen: The Planning Process
Discusses the planning process of investigate, recommend, implement, review and adjust. Shows the class the three elements of a decision and why a process is the best way to make a financial decision.
Chapter Fourteen: Seven Steps to an ABC Plan
This is a review of the previous chapters, while taking the student through a Seven Step process to develop an ABC Plan.
Tools for Planning
Below are forms used by the instructor to help students develop their own financial plan:
- Asset Review Forms
- Retirement Budget Forms
- Risk Tolerance Questionnaire
- Includes two forms to use in planning: “Issues & Goals” & “Financial Planning Data Form”.
- Provides a comprehensive budgeting form for retirement needs.
- Provides a simple 7 Question Risk Assessment Questionnaire.
- Red Risk Resources
- Includes articles by Dan Hunt and Bryce Kommerstad on Tactical vs. Buy & Hold.
Course Instructors come from the financial services industry. They bring many years of experience to the classroom and enhance the course with “Real World” examples of many of the principles being taught. This course is interactive and your participation is encouraged, but not required.
When & Where
NORCAL FINANCIAL EDUCATION
KEITH JAMES Ponthieux is a local member of the community. He has been conducting financial education events for over 20 years; helping families just like yours to: lower taxes, avoid probate, create wealth, eliminate debt efficiently and create a secure retirement.
His classes are very educational and unique because he shows you how to employ multiple unconventional strategies that are factually undisputable. He will teach you how to: Increase your Social Security income by as much as 76% potentially and defuse the Tax Torpedo, Pay for College Without Going Broke, Create a no-risk tax-free retirement account, Reduce or avoid specific wealth transfers and Efficiently eliminate debt without changing your lifestyle.
Keith started his career in 1987 with the legendary entrepreneur, A.L. Williams, who turned the life insurance industry upside down. Keith became fascinated with Williams and his common sense teachings and understanding of the complex financial industry and became an educator like his mentor. In 1992 he started working exclusively with the senior community about their specific challenges at such a critical time in their lives.
Keith was one of the very first “non lawyer” advisors in Vallejo to help seniors avoid probate of their estate with revocable living trusts.
Several of his articles have been published in the Vallejo Times and the Contra Costa Times. In 2002 he became the first and only person in Vallejo and Benicia to hold the IRA Distribution Specialist designation, awarded by Robert Keebler, CPA, MST. In 2003 he co-authored a book with a local CPA, titled: Asset Protection & Wealth Preservation.
KEITH JAMES Ponthieux is an investment adviser representative of Pacific Equity, LLC, which is a state registered investment adviser. Pacific Equity, LLC may refer clients to Horter Investment Management, LLC, an SEC registered investment adviser, for certain investment management services. Pacific Equity, LLC and Horter Investment Management, LLC are separate entities which are not under common control or management. He formerly held positions as a NASD registered representative and principle. Insurance License No.: 0799666, 0C24368 various licensed carriers