interactive case studies - cifps€¦ · case study format watch short video to setup case...
TRANSCRIPT
![Page 1: Interactive Case Studies - CIFPs€¦ · Case study format Watch short video to setup case situation Each video has three alternate endings; we’ll investigate one Use NaviPlan (my](https://reader033.vdocuments.site/reader033/viewer/2022052719/5f06cd917e708231d419cff3/html5/thumbnails/1.jpg)
Interactive Case StudiesAre your clients ready for whatever life brings?
Mike Steele, CFP, CLU, CHFC
Senior Consultant, Financial Planning
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Agenda
Welcome & Introductions Who am I? Who are you? (poll)
Case study format
Five case studies
Conclusion
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Poll setup and testing
Two options for responding to polls Respond at PollEv.com/mikesteele677 Text MIKESTEELE677 to 37607 once to join
Respond to first poll: Where do you live?
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Poll question #2
How would you describe your practice? Fee only? Commissions only? Combination?
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Poll question #3
Which products / services do you recommend? Cashflow / debt management solutions Retirement savings (RRSP, RPP, etc.) Education savings (RESP, etc.) Risk management (life, critical illness, disability insurance) Long-term care (insurance, etc.) Estate planning (life insurance, trusts, etc.) Other?
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Case study format
Watch short video to setup case situation
Each video has three alternate endings; we’ll investigate one
Use NaviPlan (my software of choice) to illustrate problem
Suggest solutions (poll audience for input)
Illustrate one solution (mine)
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The Talk
Adopting a child Caring for an aging parent
Child entering post-secondary education
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The Talk – adopting a child
Young couple, age 30
International adoption
Childcare – stay at home vs. paid childcare
Saving for education
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Show NaviPlan case details
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The Talk – audience poll
What would you recommend?
Free form poll.
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Show NaviPlan solution
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The Door
Going back to school New home
Dream vacation
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The Door – Going back to school
Middle age (44)
Funding education costs plus loss of income
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Show NaviPlan case details
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The Door – audience poll
What would you recommend?
Free form poll.
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Show NaviPlan solution
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The Ride
Post-secondary education
Caring for an aging parent Daycare / pre-school
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The Ride – caring for aging parents
Cost of assisted living / long term care
Who pays?
How to fund?
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Show NaviPlan case details
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The Ride – audience poll
What would you recommend?
Free form poll.
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Show NaviPlan solution
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The Meeting
Big promotion
Starting a new business
Early retirement
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The Meeting – early retirement
Age 55
Unexpected early retirement
What are his options?
Has he saved enough?
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Show NaviPlan case details
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The Meeting – audience poll
What would you recommend?
Free form poll.
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Show NaviPlan solution
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The Call
Unexpected death New job
Twins
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The Call – unexpected death
Risk management – survivor income
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Show NaviPlan case details
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The Call – audience poll
What would you recommend?
Free form poll.
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Show NaviPlan solution
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Closing poll - feedback
On a scale of 1 to 5, how would you rate this session?
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We operate as John Hancock in the United States and Manulife in other parts of the world.
Thank you