Investment Strategies for Women Robin Kahl Vice President Davenport & Company, LLC

First Step to Taking Control is Done “YOU ARE HERE”

Women Today 47% of Americans with assets > $500,000 are women 47% of Americans with assets > $500,000 are women In about 48% of American homes the woman brings home at least half the income In about 48% of American homes the woman brings home at least half the income Women are starting businesses at twice the national rate Women are starting businesses at twice the national rate Women make up nearly 50% of nation’s workforce Women make up nearly 50% of nation’s workforce

Financial Concerns for Women Salary gap Salary gap Delayed/shortened investment period Delayed/shortened investment period Divorce Divorce Longevity Longevity Conservative Conservative Think they don’t have enough money to invest Think they don’t have enough money to invest Debt Debt

Retirement Planning

Planning is the key to your financial security Set goals Set goals Know where you are and where you want to be Know where you are and where you want to be Start saving and investing Start saving and investing

How Much Money Will You Need? Current Income $53,000 x 0.80 x 0.80 ________ ________ Retirement Income $42,400 Needed

Where Will You Get Your Income For Americans aged 65 and older For Americans aged 65 and older with over $40,000 in annual income with over $40,000 in annual income

Retirement Income According to our latest figures, if you retired today, you could live very, very comfortably until about 2 p.m. tomorrow.

Retirement Income Percentage of Households Aged 65 and Older in Different Income Ranges

Take Action!!! INVESTMENT PLANNING INVESTMENT PLANNING

Steps To Get You On Track Learn How The Market Works Learn How The Market Works Know Your Investment Profile and select an Investment Model That Matches it Know Your Investment Profile and select an Investment Model That Matches it Have a game plan for selecting, managing and monitoring your investments Have a game plan for selecting, managing and monitoring your investments Take Advantage of Your Employer’s Plan Take Advantage of Your Employer’s Plan Know how to pick someone that can help Know how to pick someone that can help Periodic reviews Periodic reviews

Your Profile Risk Averse Risk Averse Conservative Balanced Conservative Balanced Balanced Balanced Conservative Growth Conservative Growth Growth Growth Aggressive Growth Aggressive Growth

The Perfect Investment

Choose From a Large Group of Investments The world of investing in mutual funds has changed. The world of investing in mutual funds has changed Today 8,000 + Today 8,000 + These mutual funds are constantly changing. These mutual funds are constantly changing.

What Determines Portfolio Performance?

Asset Allocation Large Stocks Inter national Stocks Gov’tBondsCorp.BondsGov’tBondsSmallStocksInter Inter Inter Mid- Size Stocks StocksInter national Stocks SmallStocksCorp.BondsGov’tBondsCorp.Bonds Mid- Size Stocks Stocks StocksSmallStocks SmallStocksSmallStocks Stocks Large Stocks Mid- Size StocksCASHCASHInter national Stocks SmallStocks Large Stocks Inter national Stocks Gov’tBondsGov’tBonds Mid- Size StocksCASHSmallStocksInter national Stocks Large Stocks SmallStocks Mid- Size Stocks CASHCorp.BondsCorp.BondsCASHSmallStocks Stocks StocksCorp.BondsCorp.BondsCASHCorp.Bonds Corp.BondsCASHCASHCorp.Bonds Large Stocks SmallStocksGov’tBondsGov’tBondsGov’tBondsCASH Gov’tBondsInter national Stocks SmallStocksGov’tBondsInter Inter Large Stocks CASHCASHCorp.BondsGov’tBonds Calendar Year H L M

Asset Allocation In Practice

Asset Allocation/ Diversification “Don’t put all your eggs in one basket” “Don’t put all your eggs in one basket” Asset Allocation is deciding what % of your funds should go … Stocks, Bonds, and Cash. Then you can also diversify in each of those classes. Asset Allocation is deciding what % of your funds should go … Stocks, Bonds, and Cash. Then you can also diversify in each of those classes.

A Smoother Ride A diversified approach helps you as an investor to limit exposure to the risk in a variety of market cycles. A diversified approach helps you as an investor to limit exposure to the risk in a variety of market cycles. Diversification helps smooth out the ups and downs in the market. Diversification helps smooth out the ups and downs in the market.

THE MARKET: Brutal Declines Amid Long Term Rise $36.8 Mil. $100,000 (32.8)% (15)% (30)% (17)% (43)% (15)% (22)% (16)% (30)%

Emotions The Market Fear Hope Fear Greed Hope BUY SELL

FIND THE APPROPRIATE BALLANCE

Modern Portfolio Theory

The Game Plan Selecting the right investments Selecting the right investments Managing & monitoring your investments Managing & monitoring your investments Rebalancing Rebalancing Selecting the right advisor Selecting the right advisor Periodic reviews Periodic reviews

Procrastination

The Cost of Procrastination

Unexpected Expenses

Qualified Retirement Plans Employer-SponsoredPlans

The Most Common Employer- Sponsored Plans Defined benefit plan Defined benefit plan Profit-sharing plan Profit-sharing plan 401 (k) plan 401 (k) plan 403 (b) plan 403 (b) plan SIMPLE IRA SIMPLE IRA Simplified Employee Pension Plan (SEP IRA) Simplified Employee Pension Plan (SEP IRA)

Individual Retirement Accounts  Traditional IRA  Roth IRA

Concerns at Retirement

Distribution Options When You Retire or Change Jobs Lump Sum Withdrawal Lump Sum Withdrawal Keep your Balances in Your Previous Employer’s Plan Keep your Balances in Your Previous Employer’s Plan Move Your Balances Into Your New Employer’s Retirement Plan Move Your Balances Into Your New Employer’s Retirement Plan Transfer Your Balances to an IRA Rollover Transfer Your Balances to an IRA Rollover

IRA Rollover Qualified Retirement Plan Individual Retirement Account

Choosing a Financial Professional Experience Experience Specializations Specializations Compensation Compensation The Firm The Firm Flexibility Flexibility

Questions?