1. The Changing Conversation Around Money for Women --
Presented by:
Tacy Roby, CFP®
Potomac Financial Private Client Group, LLC
6723 Whittier Avenue, Suite 305, McLean, VA, 22101
Securities and Advisory Services offered through Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Adviser. Fixed products and services offered by Potomac Financial Private Client Group, LLC are separate and unrelated to Commonwealth.

2. Who is Tacy Roby, CFP ®
Financial advisor at Potomac Private Client Group, LLC, McLean, Virginia
20 year investment industry experience including 12 years at a global firm
B.A. University of Michigan, M.A. Johns Hopkins University
Wife of Scott, Mother of Lee, owner of dog and bird, Bonus and Sunny
Champion of women investors and their families

3. “You’ve come a long way, baby!”
Discussion themes
“You’ve come a long way, baby!”
-- The truth about longevity, education & marriage
“I can bring home the bacon and fry it up in a pan!”
-- The truth about work, pay and family
“Strong enough for a man, but made for a woman!”
-- The truth about consumer power, household finances and investing
“She works hard for the money!”
-- Start with a plan

4. Women are becoming more educated…
Young women have outpaced young men in postsecondary enrollment and educational attainment
Sources: J.P. Morgan Asset Management; “Failure to Launch: Structural Shift and the New Lost Generation,” Anthony P. Carnevale, Andrew R. Hanson, and Artem Gulish, Georgetown University, 2013

5. …and more older women are working than ever before
Employment rate of older women
Sources: J.P. Morgan Asset Management; “Failure to Launch: Structural Shift and the New Lost Generation,” Anthony P. Carnevale, Andrew R. Hanson, and Artem Gulish, Georgetown University, 2013

6. Women are delaying marriage
Median age at first marriage in the United States
Sources: J.P. Morgan Asset Management; “Knot Yet; The benefits and costs of delayed marriage in America,” The National Campaign to Prevent Teen and Unplanned Pregnancy; The National Marriage Project at the University of Virginia Current Population Survey,

7. …and make the household decisions
Who makes the decisions at home?
Who manages the household finances?
Sources: J.P. Morgan Asset Management; “Women Call the Shots at Home; Public Mixed on Gender Roles in Jobs,” Pew Research, 2008

8. Yet women are more conservative investors
Willingness to take investment risk
Women
Men
Average Risk and Below
Above Average Risk
Substantial Risk
Nearly 69% of women take average risk and below, while 51% of men take above average risk and higher
Sources: J.P. Morgan Asset Management; “Gender Differences in Investment Behavior,” Iowa State University and The Ohio State University, funded by the FINRA Investor Education Foundation, 2006
Totals may not sum to 100% due to rounding. Average risk and below contains Average risk, Below average risk, and No Risk responses.

9. Start with a plan Pre-retirement investment return: 7.0%
MODEL ASSUMPTIONS
Pre-retirement investment return: 7.0%
Post-retirement investment return: 5.0%
Retirement age: 65
Years in retirement: 30
Inflation rate: 2.25%
Confidence level represented: 80%
Assumed annual contribution rate: 5%
This chart is for illustrative purposes only and must not be used, or relied upon, to make investment decisions. J.P. Morgan’s model is based on J.P. Morgan Asset Management’s (JPMAM) proprietary long-term capital markets assumptions (10 – 15 years). Post-retirement volatility assumption is 6.3%. Salary replacement rates are derived from Aon Consulting’s 2008 Replacement Ratio Study data, which assumes individuals receive Social Security payments in retirement. Calculations assume an individual earning $50,000 at retirement will need to replace at least 30% of their pre-retirement income; individuals earning $75,000 will need to replace at least 37%; individuals earning $100,000 will need to replace at least 45%; individuals earning $150,000 will need to replace at least 61%; individuals earning $200,000 will need to replace at least 69%; individuals earning $250,000 will need to replace at least 74%; individuals earning $300,000 will need to replace at least 79%; and those earning $400,000 will need to replace 87%. Allocations, assumptions and expected returns are not meant to represent JPMAM performance. Given the complex risk/reward tradeoffs involved, we advise clients to rely on judgment as well as quantitative optimization approaches in setting strategic allocations. References to future returns for either asset allocation strategies or asset classes are not promises or even estimates of actual returns a client portfolio may achieve. 9

10. Disclaimer
The accompanying pages have been developed by an independent third party. Commonwealth Financial Network is not responsible for their content and does not guarantee their accuracy or completeness, and they should not be relied upon as such. These materials are general in nature and do not address your specific situation. For your specific investment needs, please discuss your individual circumstances with your representative. Commonwealth does not provide tax or legal advice, and nothing in the accompanying pages should be construed as specific tax or legal advice. Securities offered through Commonwealth Financial Network, Member FINRA/SIPC.

11. Disclosure