WFG_Client presentation
- 2. 2 WORLDFINANCIALGROUP Overview What we do: savings, insurance, and more. Our mission is to help build and protect wealth for families. We believe in creating relationships based on trust and building business through referrals. Consider two perspectives: Do I know someone who could benefit from this message? Can this information help me, my family and friends financially? On the first visit, the associate discusses concepts, gathers data and information, and makes a follow-up appointment. The associate performs a financial needs analysis for the client. The associate returns to present the analysis and recommendations. 1 2 3 how we conduct business with our clients
- 3. 3 PRODUCTS&SOLUTIONS1 2,3 2,3 3 3 3 INSURANCE TERM INSURANCE UNIVERSAL LIFE Fixed ANNUITIES INVESTMENTS IRA RETIREMENT COLLEGE SAVINGS
- 4. 4 Thesituationofmosthouseholds True Financial Independence is: About saving more and spending less Living within one’s means Protecting loved ones should the “worst-case scenario” occur Systematically reducing and eliminating debt Sufficient funds to cover expenses for six months or a year Long-term savings that protect you and your family for life Peace of mind Most Families Are: Living with too much debt and not enough insurance protection. Limited savings, if any, without a clear understanding of how much savings is enough. Not enough income and not sure how to fix the problem. What is the result of living like this? Loss of peace of mind Stress and frustration in our homes Negative impact on families to improve quality of life, changes must be made.
- 5. 5 To know and understand three basic financial concepts can help people have and enjoy financial security. This is what WFG associates teach. The Power of Time Time can be your greatest ally or your worst enemy. If you haven’t started saving for your future, start now. An example of saving $5,000 per year in a tax-deferred account earning 10% per year.4 Time Principal Invested Total Accumulation Person A 40 years $200K $2.2 million Person B 38 years $190K $1.8 million Difference 2 years $10K $400K 8 hours a day, 5 days a week: $96 per hour basicfinancialconcepts
- 6. 6 basicfinancialconcepts Taxable Savings Accounts Certificates of Deposit (CDs) Tax Deferred 401(k)s, IRAs Fixed Annuities Savings Bonds Tax Exempt Roth IRAs Cash Accumulation in a Life Insurance policy Managing Rate and Risk* A one-time investment of $10,000 saved for 36 years The Rule of 72 - If you divide 72 by the interest rate being earned on your savings, you will obtain the approximate number of years required for your initial savings to double. Interest Rate Percentage Total Accumulation 2% $20,000 6% $80,000 10% $320,000 Reduce the impact of taxes5 * The Rule of 72 is a mathematical concept that approximates the number of years it will take to double the principal at a constant rate of return. The performance of investments fluctuates over time and, as a result, the actual time it will take an investment to double in value cannot be predicted with any certainty. Additionally, there are no guarantees that any investment or savings program can outpace inflation. All figures are for illustrative purposes only and do not reflect an actual investment in any product.
- 7. 7 AWFGFINANCIALANALYSIS A financial analysis provided by a WFG associate covers the areas of cash flow, proper protection, emergency fund, debt management, and asset accumulation and preservation. It can help you answer these questions and more: How do I create a workable savings plan that I can stick to? What goals should I set, and how much do I need to save to reach these goals? How much insurance do I need? What types of insurance should I consider? If we can help you by using the principles of our financial needs analysis and offer you suitable solutions for you and your family, would you be willing to do business with us? If you are pleased with your experience with us, would you be willing to refer friends or family to us so we can share this information with them?
- 8. 8 World Financial Group, Inc. (WFG) is a financial services marketing company whose affiliates offer a broad array of financial products and services. Insurance products offered through World Financial Group Insurance Agency, Inc., World Financial Group Insurance Agency of Hawaii, Inc., World Financial Group Insurance Agency of Massachusetts, Inc., World Financial Group Insurance Agency of Wyoming, Inc., World Financial Insurance Agency, Inc. and/or WFG Insurance Agency of Puerto Rico, Inc. WFG and WFGIA are affiliated companies. Headquarters: 11315 Johns Creek Park- way, Johns Creek, GA 30097-1517 Phone: 770.453.9300. For use in the United States only. ©2011 World Financial Group, Inc. 2586/6.12 1 Providers maintain current selling agreement(s) with World Financial Group Insurance Agency, Inc. (WFGIA) or its subsidiaries. 2 WRL, Transamerica Life Insurance Company, World Financial Group, and WFGIA and its subsidiaries are affiliated companies. 3 The full names, city and state locations of these entities are: Western Reserve Life Assurance Co. of Ohio, Columbus, Ohio; Transamerica Life Insurance Company, Cedar Rapids, Iowa; Pacific Life Insurance Company, Newport Beach, California; ING USA Annuity and Life Insurance Company, Des Moines, Iowa; Nationwide Life Insurance Company, Columbus, Ohio. 4 All figures are for illustrative purposes only and do not reflect an actual investment in any product. Additionally, they do not reflect the performance risks, taxes, expenses or charges associated with any actual investment, which would lower performance. This illustration is not an indication or guarantee of future performance. Contributions are made at the end of the period. 5 Tax and/or legal advice not offered by World Financial Group or its affiliated companies. Please consult with your personal tax professional or legal advisor for further guidance on tax or legal matters.