Importance of Planning Importance of Planning Components of

Importance of Planning

Importance of Planning § Components of Planning § Stages of Planning § Navigating Your Plan 2

Importance of Planning Why Plan? • Having a plan is critical to achieving retirement goals • Taking advantage of financial education opportunities, online bud • Following the plan and navigating the plan for changing conditio “Without counsel plans fail, but with many advisers they succeed. ” – Proverbs 15: 22 3

Components of Planning

Components of Planning Establishing goals • Budgeting and Spending Wisely • Saving • Investing • Implementing and Monitoring Budget & Spend Wisely Invest Save Implement & Monitor 5

Budgeting and Spending Wisely Have an emergency savings account Develop and follow a budget Minimize debt Budget & Spend Wisely Invest Save Implement & Monitor Spend less than you earn and measure your progress 6

Saving Start early and pay yourself first Never leave a match on the table Budget & Spend Wisely Save Avoid taking loans or pre-retirement withdrawals Invest Be a consistent saver and work toward saving 15% Implement & Monitor Waiting costs more than saving 8

The High Cost of Waiting Growth if saved $100/month at 6% earnings until age 65 Total Savings 12, 795 56, 961 130, 499 200, 145 187, 350 Forfeited Savings 143, 183 69, 646 Began Saving at Age 25 26 30 40 This hypothetical illustration is intended to demonstrate compounding and is not intended to illustrate the performance of any actual program. The hypothetical illustration shows a constant rate of return, whereas actual rates of return may fluctuate. Account values were obtained by using a nominal rate of return compounded monthly. Contributions are made at the beginning of the period. 9

Investing Importance of being in the market Importance of diversification Budget & Spend Wisely Save Guide. Stone options • One fund solution: My. Destination Funds® • Asset Allocation Funds • Guide. Stone Select Funds Invest Implement & Monitor Stay invested 10

Importance of Being in the Market Stay Invested By trying to time the market, if you miss even just a few of the best days, your long-term results are negatively and meaningfully impacted. 11

Importance of Diversification 12

Implementing and Monitoring Execute plan Budget & Spend Wisely Save Review annually, especially after 50 and anytime goals, risk tolerance or pe Adjust savings and spending plan to close any gaps Invest Implement & Monitor 13

Stages of Planning

Stages of Planning Starting Retirement Building Retirement Navigating Pre-Retirement Living in Retirement 15

Stages of Planning Starting Retirement: 20 s and 30 s § Have a written plan § Create a budget § Spend less than you earn § Open and fund your retirement account § Build an emergency fund § Pay off student loans or credit card debt Begin a discipline of saving with your first job 16

Stages of Planning Building Retirement: 40 s and 50 s § Minimize debt § Balance your long term savings goals § Invest for a long life and for the long-term § Catch up when and where you can § Don’t lose sight of your retirement savings goals Stay focused on the long-term goal 17

Stages of Planning Navigating Pre-Retirement § Refine what you want your retirement to look like • Play catch-up if you are behind • Watch your spending and consider lifestyle changes • Create a realistic budget for retirement • Assess Social Security benefits • Rebalance your portfolio • Eliminate debt before retirement • Organize your assets Create a realistic budget for retirement 18

Stages of Planning Living in Retirement § Enjoy your retirement and make room in your budget for fun • Maintain six months of cash • Follow a wise drawdown strategy • Follow your budget closely, making changes as needed • Stay invested • Make sure your asset allocation is still appropriate • Re-evaluate annually or rebalance as needed Review asset allocation, budget and withdrawal strategy annually 19

Navigating Your Plan

Navigating Your Plan § Expect Changing Conditions: What You Can Control • Budget and spending rate • Savings rate • Diversified asset allocation Manage your portfolio assets according to risk and time to retirement 21

Navigating Your Plan § Expect Changing Conditions: What You Can’t Control • Market conditions • Health and longevity • Other outside factors Focus on what you can control 22

Navigating Your Plan • My. Guide. Stone™ • Customer Relations Center • On-site visits by relationship managers or advisors • Webinars § Advice (GPS*) • Online self-service tool • Appointment with Personal Financial Services advisor * GPS: Guided Planning Services is our personalized advisory services offered by Guide. Stone Advisors 23

Disclosures You should carefully consider the investment objectives, risks, charges a Retail products are made available through Guide. Stone Financial Servic 24

Disclosures The My. Destination Funds® (“Funds”) attempt to achieve their object 24

Disclosures The Asset Allocation Funds (“Funds”) attempt to achieve their ob 24