WSA Portfolio Self Assesment
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This portfolio assessment tool helps users identify how well their money is protected from three wealth killers: market risk, fees and commissions, and taxes. It also determines how completely the portfolio benefits from five money needs: safety, growth, income, liquidity, and tax efficiency. After completing the assessment, users can see if their portfolio aligns with their aspirations for their money, retirement, and family legacy. The tool recommends consulting a WealthSmart America Advisor if the current strategy does not eliminate the wealth killers or deliver the money needs.
WSA Portfolio Self Assesment
- 1. Portfolio Assessment Tool This tool is designed to help you identify: How well protected your money is from the 3 Wealth Killers How completely it benefits from the 5 Money Needs Whether adjustments are necessary Whether to make corrections that better serve your aspirations The 3 Wealth Killers What % of my money is safe from: What % of my money do I want to be safe from: PRIORITY 1 = HIGH 10 = LOW 1. Market Risk The possibility of loss 2. Fees & Commissions Exposure to total portfolio costs greater than 1% 3. Taxes Exposure to current or future income or capital gains taxation The 5 Money Needs What % of my money benefits from: What % of my money do I want to benefit from: PRIORITY 1 = HIGH 10 = LOW 1. Safety Immune from market risk due to market loss 2. Growth Certainty of year-to-year, locked-in growth potential 3. Income Certainty of permanent and maximum income in retirement 4. Liquidity Ability to access money when you want without tax penalty 5. Tax - Efficiency Protection from taxation at future, unknown tax rules After completing this assessment, you will be able to determine if your portfolio is in alignment with the aspirations you have for your money, retirement, and family legacy. If your current strategydoes not eliminate the 3 Wealth Killers and deliver the 5 Money Needs, we encourage you to ask a WealthSmart America Advisor to show how you how our plan might work for you. Changing the way America saves