it's never too late to take charge of your financial health
DESCRIPTION
Working Womean's Day presentation by Parker Financial, LLC on April 23, 2009. As a working woman, your life is more complex than ever! Learn to identify poor money habits that may be preventing you form making smart financial decision. Get one step closer to getting out of debt and achieving good financial health with your personal Woman’s Financial Health Journal.TRANSCRIPT
We help clients plan well to live well
It’s Never Too Late to Take Charge of Your Financial Health
A Woman's Retreat:B l i H lth W lth d W llBalancing Health, Wealth and Wellness
Retirement Planning
Estate Planningg g
A Woman’s Life-StagesA f S gDaughter
YoungFemale
GMother
Female
Grand-mother
Mother
Charles County WomenC C y2%80's
Percentage of Women Population by Age
13%
7%
4%
50'
60's
70's
14%19%
13%
30's
40's
50's
13%
15%
15%
9 Under
Teens
20's
13%9 Under
Source: Census 2006 America Community Surrey, Charles County www.factfind.census.gov. 72,000 Females, Median Age 35.5
Charles County WomenC C y
E 80¢ f E $1 M l E iEarn 80¢ for Every $1 Male Earnings$30,958, Avg Annual Salary Men$25,880 Avg Annual Salary Women
Earn $50,000+52 percent of Men 43 percent of Womenp
Source: Census 2006 America Community Survey, Charles County www.factfind.census.gov
Rising UnemploymentR g p y
Source: U.S. Department o l:bor, BLS, Feb. 2009 http://www.bls.gov/ro3/mdlaus.htm
Unprepared for Risksp p f R k
EmergencyEmergencyUnemploymentH lthHealthLifeDisabilityEarly RetirementProperty and Liability
Financial Planningg
The process of wisely managing yourThe process of wisely managing your finances to achieve your goals.It’s never too late to take charge of yourIt s never too late to take charge of your financial health.
My Financial Health Journaly J
1 My Personal Information1. My Personal Information2. My Goals3 M C h Fl3. My Cash Flow4. My Balance Sheet5. My Liabilities6. My Action Plan7. My Important Documents8. Stay informed
Know the Benefits of StimulusK f f S
1 $400 tax credits for workers ($800 mfj)1. $400 tax credits for workers ($800 mfj)2. Tax credit for green improvements up to $1,5003. Tax credit for first time home buyers up to $8,0003. Tax credit for first time home buyers up to $8,0004. Sales tax deduction on new vehicles5. Tax credits for education up to $2,5006. Computer expenses reimbursable from 529 plans7. Plus more……
Protect Your CreditC
1. Pay your bills on-time2. Keep balances loweep ba a ces o3. Use credit wisley4 Identity theft protection4. Identity theft protection5. Check you credit at least once a year.
www.annualcreditreport.comwww.annualcreditreport.com
Estate Planning Documentsg
Will and TrustWill and TrustAdvance Directives
Durable Power ofDurable Power of Attorney for Health Care, Living Will
P f AttPower of AttorneyPOD, TOD, BeneficiariesBeneficiaries
To CheckC k
Certified Financial Planner Board ofCertified Financial Planner Board of Standards, Inc., www.cfp.net/searchSecurity Exchange CommissionSecurity Exchange Commission, www.advisorsearch.secMaryland Securities Division (410) 576-7050Maryland Securities Division (410) 576-7050
Questions & AnswersQ & A
’ TIt’s Never To LateTo Take Charge…..
Thank you!
We help clients plan well to live well
Christine Marie Parker, CFP®, President and Chief Compliance Officer
301-392-1010 • Toll-free: 866-681-PLAN • Fax: 301-392-1823
C ll 301 751 7553 E il k @ f d i f d iCell: 301-751-7553 • Email: [email protected] www.pfadvisers.com •
Mail: 9300 Endowment Place, La Plata, Maryland 20646