1. Online Tools Megan O’Neil, MPS, CFCS University of Maryland Extension

2. Key Messages Planning pays off in retirement Protect the family’s legacy Farm context of Investing for Farm Families http://www.extension.org is a trusted, reliable sourcehttp://www.extension.org Financial Security is a featured resourceFinancial Security Participation in investor education is worth your time

3. Key Learning Objectives Increasing future financial security Identifying investment strategies Discovering your risk tolerance Knowing asset allocation basics Evaluating investment productions as compared to agriculture business risks Investing for retirement and farm succession planning

4. extension.org Investing Resources Fact Sheets on many aspects of Saving and Investing from content area experts across the nation’s Land Grant University System Investment Goals, Risk Tolerance, Saving for College, Tax Situation, Time & Skill to Manage Portfolio, and more http://www.extension.org/page s/Financial_Security:_Savin g_and_Investing

5. Investing for Farm Families Investing for Farm Families An eight-lesson course designed to help farm families plan for a financially stable future that meets their long-term needs. Developed by a team of Extension educators from several states, farm families can work at their own pace while taking the course. Investing for Farm Families PSA http://campus.extension.or g/course/view.php?id=2 29

6. IFF Primary Target Audiences Track A: Users –Farm women –Younger producers (ages 24-44) Track B: Influencers –Communicators –Ag and FCS agents –Extension specialists

7. IFF Target Audiences Cont. Secondary –Male farmers and ranchers Tertiary –National commodity organizations –National livestock groups –National farm management groups –National trade media –Regional trade media

8. Investing For Your Future Investing For Your Future Course 11-part home study course (not specific to farming families/ original before IFF), it is currently sponsored by the Financial Security for All community of eXtension and was revised and updated in 2008 as part of an online investor education program. http://www.extension.org/ pages/Investing_for_Yo ur_Future

9. Planning for a Secure Retirement Planning for a Secure Retirement Interactive Course Ready to Retire? How Much Will Expenses Be in Retirement? When Can You Collect Social Security? Eligible for Medicare & Other Health Benefits? Have a Retirement Plan that Employer Funds or Self Employed? Individual Retirement Account? What Is A Lump Sum Retirement Distribution? http://www.extension.org/learningles sons/framework/main.html/Planni ng_for_a_Secure_Retirement_Les son_English_version

10. Other Stand Alone Resources http://www.betterinvesting.org/public/defau lt.htmhttp://www.betterinvesting.org/public/defau lt.htm http://www.morningstar.com/Cover/retirem ent-advice.aspxhttp://www.morningstar.com/Cover/retirem ent-advice.aspx http://www.fool.com/retirement/index.aspx? source=ifltnvpnv0000001http://www.fool.com/retirement/index.aspx? source=ifltnvpnv0000001

11. Ask An Expert If extension.org resources do not answer your question, you can Ask An Expert Check out the Ask An Expert Feature at http://www.extension.org/ pages/Financial_Securit y_for_All_Community_ Page

12. Questions? Handouts

13. Thank you! University of Maryland Extension Megan O’Neil, MPS, CFCS Family Youth and Communities Finance Educator Worcester, Wicomico and Somerset Counties 410-632-1972 oneil@umd.edu