vision presentation disrupting the biggest industry … · personal percentages earned on products...
TRANSCRIPT
The How Money Works Company TM
Vision Presentation
Disrupting the Biggest Industry
So Americans Can Dream Again
FOR EDUCATIONAL & TRAINING PURPOSES ONLY
The largest room booking service
owns no properties. STARTED 2008
The largest retail service
owns no inventory. STARTED 1999
The largest taxi service
owns no cars. STARTED 2009
The largest entertainment service
owns no theaters. STARTED 2007 (STREAMING)
FOR EDUCATIONAL & TRAINING PURPOSES ONLY
Greatest economic story of
Millions of people Right now,
And trillions of dollars Are on the move as the
Our lifetime is now unfolding.
…
- - -
2010 2030
The Baby Boomers
2020
From 2011-2029, Baby Boomers Will cross into retirement age as They turn 65.
The Age Wave has become…
The Wealth Wave
1 every 7 seconds
10,900 everyday
for the next 13years
Source: http://www.infoplease.com/ipa/A0005067.html
The Booming Century: 1946 - 2046
BabyBoomers
GenerationX
Millennials
1946-1964
1965-1978
1979-1994
76 million
82 million
86 million
Source: http://www.infoplease.com/ipa/A0005067.html
…
Which
industry is BIGGER?
Financial RealEstate Retail
Less agents than 10 years ago Average age is around 58 More than one-third of U.S. financial advisors
plan to retire over the next decade, and more than 237,000 new financial professionals will need to be added to
keep up with the demand of retiring baby boomers.
http://www.thinkadvisor.com/2014/08/14/edward-jones-to-fund-series-7-course-for-college-s
Problem in the industry
66% Of corporate employees are unsatisfied with
Their jobs and searching for something new.
Forbes.com, “New Survey: Majority of Employees Dissatisfied”, 5/18/2012. Statistic is combination of respondents who said they were either somewhat or totally unsatisfied.
3 Innovations Enable us to close this gap between Americans and the American Dream.
Financial Education
By making financial literacy available
to everyone, we’re empowering the 99% to take control of their finances.
Disruptive Technology
High tech, high touch tools equip our
leaders to engage more prospects,
more effectively, more efficiently.
Financial Team Building
The economics of financial combined
with the scale of team building creates
an limitless entrepreneurial scenario. FOR EDUCATIONAL & TRAINING PURPOSES ONLY
Interview Prospect / Open Business / Move Product
Our System
Automated / Digitized
Initial Engagement
Overview / Deeper
Engagement
Personalized Engagement
The End of Wealth And
Retirement As You Know It
Our 9-minute overview presentation.
The Rule of 72
Our 4-minute video
about one essential
financial concept.
The Swiss Army
Knife of Financial
Strategies
Our 4-minute IUL
strategy review.
FOR EDUCATIONAL & TRAINING PURPOSES ONLY
Change Your
Literacy, Change
Your Life.
Our 3-minute literacy
challenge video.
The Perfect Wave
Our 28 minute Full
Presentation Video.
Dedicated Home Office Workforce
Multiple North American Headquarters
Corporate Backing and Strategy
Administration and Support
Marketing and Event Planning
Compensation and Recognition
Legal and Compliance Support
Our Dynamic Business Platform is
Your Solid Foundation
PRODUCT PROVIDERS
No state in the U.S. had a combined
household income (of the bottom
99%) that averaged more than
$62,000/year.2
Is this wide gap a result of America’s
poor financial literacy? Where will
people find the tens of thousands of dollars
they need to bridge it?
? If you don’t build your dream,
someone will hire you to build theirs. Tony Gaskins, Author
FOR EDUCATIONAL & TRAINING PURPOSES ONLY
1. 2014, USA TODAY, “Price Tag for the American Dream: $130K a Year,” 2014
2. Economic Policy Institute, “The Increasingly Unequal States of America," 2014
$130,357
is the annual cost to live the American Dream,
according to Americans themselves.1
Only 16 million U.S. households,
around 1 in 8, earned $130,000
in 2014, according to the U.S.
Census Bureau.1
company pension, Social Security, and
savings to last for 10 years or so. Today,
thanks to advances in health and
technology, your retirement could be
30 years or more. If personal savings is
all you had, how much money would
you need in savings?
Company Pensions
50% of Fortune 500
companies offered
traditional defined benefit
retirement plans in 1998
compared to 5% by 2016.2
Longevity
How long will your savings
need to last?
When the average life span was
75 years, retirees only needed their
61% of people are more afraid of
outliving their money than dying.1
What happened to the
3-Legged Stool of Retirement?
Social Security
When it started, there were
45 workers for every retiree
collecting Social Security.
Now that ratio is less than
3 to 1.3
Personal Savings
Increasingly, the
responsibility is shifting to
the individual to fund their
own retirement and
dreams for the future.
FOR EDUCATIONAL & TRAINING PURPOSES ONLY
1. Allianz, “Survey of Adults Age 44-75,” 2010
2. Willis Towers Watson, “A Continuing Shift in Retirement Offerings in the Fortune 500,” 2016
3. Ken Dychtwald Ph.D., “New Retirement Realities: A Three-Part Series,” 2014
$1,000,000 Retirement Account What will it take for you to build it at your age?
Daily and monthly amounts needed at 8% to build $1,000,000 by age 65.
Starting Age
20
25
30
35
40
45
50
55
60
Daily Amount Needed
$6
$9
$14
$22
$35
$56
$95
$180
$447
Monthly Amount Needed*
$190
$266
$436
$671
$1,052
$1,698
$2,890
$5,466
$13,610
Percent of Income Needed
8.29%
8.50%
12.93%
16.35%
25.62%
39.14%
66.62%
131.12%
326.48%
Average Monthly Income**
$2,288
$3,371
$3,371
$4,104
$4,104
$4,338
$4,338
$4,169
$4,169
* 8% return compounded monthly using U. S. SEC calculator. https://www.investor.gov/additional-resources/free-financial-planning-tools/compound-interest-calculator
** U. S. Bureau of Labor Statistics, median monthly earnings of full-time wage and salary workers by age from April, 2017 https://www.bls.gov/news.release/pdf/wkyeng.pdf FOR EDUCATIONAL & TRAINING PURPOSES ONLY
Compound Interest
is the greatest mathematical
discovery of all time.”
Albert Einstein
Rule
The Rule of 72 is a mathematical concept that approximates the number of years it will take to double the principal at a constant rate of return compounded
over time. All figures are for illustrative purposes only, and do not reflect the risks, expenses or charges associated with an actual investment. The rate of
return of investments fluctuates over time and, as a result, the actual time it will take an investment to double in value cannot be predicted with any certainty.
Results are rounded for illustrative purposes. Actual results in each case are slightly higher or lower.
of
An estimation of the time it takes
The
For money to double.
YEARS
$20,471 (1%)
$10,000 LumpSum
72 Years
The Power of Compound Interest This is a hypothetical example and does not represent performance of any investment.
Does not assume fees, charges or taxes. It is unlikely that any one rate of return will be
sustained over time. Return and principal value of investments will fluctuate over time.
YEARS
$10,000 LumpSum $168,423 (4%)
$20,471 (1%) 72 Years
The Power of Compound Interest This is a hypothetical example and does not represent performance of any investment.
Does not assume fees, charges or taxes. It is unlikely that any one rate of return will be
sustained over time. Return and principal value of investments will fluctuate over time.
YEARS
$2,549,825 (8%)
72 Years
$10,000 LumpSum
The Power of Compound Interest This is a hypothetical example and does not represent performance of any investment.
Does not assume fees, charges or taxes. It is unlikely that any one rate of return will be
sustained over time. Return and principal value of investments will fluctuate over time.
$168,423 (4%)
$20,471 (1%)
Acc
ou
nt V
alu
e
- - - - - - - - - -
Thisisahypotheticalscenarioforillustrationpurposesonlyanddoesnotpresentanactualinvestment
foranyspecificproductorservice.Thereisnoassurancethattheseresultscanorwillbeachieved.
How do you avoid losses?
1,700 -
1,600 -
1,500 -
1,400 -
1,300 -
1,200 -
1,100 -
1,000 -
900 -
800 - 2 3 4 5 6 7 8 9 10
990 980
1,078
970 960
1,067 1,058
951
Normal Account
1,100
If the Market went up 10%
then down -10% for 10 years
1,089
Year 1
Acc
ou
nt V
alu
e
- - - - - - - - - -
1,210
1,331
1,331
1,464
1,464
1,500 -
1,400 -
1,300 -
1,200 -
1,100 -
1,000 -
900 -
800 - Year 1 2 3 4 5 6 7 8 9 10
990 980
1,210 1,078
970 960
1,067 1,058
951
Normal Account
1,610
1,100
How do you avoid losses?
1,700 -
If the Market went up 10% 1,600 -
then down -10% for 10 years
1,100
1,610
1,089
Account with a Floor
Thisisahypotheticalscenarioforillustrationpurposesonlyanddoesnotpresentanactualinvestment
foranyspecificproductorservice.Thereisnoassurancethattheseresultscanorwillbeachieved.
• Reduced tax burden
• No taxes at retirement
• The benefit of tax deductions (home mortgage
interest deduction or dependent children deduction)
Pay taxes on your penny seeds? Pay taxes on your harvest?
• Greater tax burden
• Taxes delayed until retirement
• Potential to be in higher tax bracket
• Required minimum distributions of retirement savings
$1M If you were a farmer, Would you rather pay taxes on your Penny seeds or million-dollar harvest?
1¢
What do qualified plans do?
They defer the tax!
This answer is only half correct.
What do qualified plans do?
They defer the tax and the tax calculation.
Min
imal
Tax
Rat
e
Historical Marginal Tax Rates
100
90
80
70
60
50
40
30
20
10
Source: Internal Revenue Service
1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2010
Are taxes
going up or down?
Highest Bracket
Lowest Bracket
Zero Market Risk LTC
Tax-Free
Income
Growth Potential
Make a commitment to
your financial future
…
The following example shows how helping one family results in $2,280 of commission paid to the field.19,20 For this example, the commission amount is based on an average Indexed Universal Life (IUL) insurance policy21 sale to a 40-year-old male who is contributing $200 per month to the IUL.
19 Opportunities to build other income may be achieved by qualifying for additional compensation and by qualifying for bonus pools. 20 Commission amount may vary based on product type and size of purchase. 21 Please be aware that insurance products are sold by prospectuses, which contain more information about the product’s fees, charges and limitations. Be certain to
perform a thorough review of the entire prospectus. Historical performance does not guarantee future investment results. 22 This is a hypothetical scenario for illustrative purposes only. There is no assurance that these results can or will be achieved. Income is earned from sales of
World Financial Group authorized products and services. No income is earned for recruiting. See the current World Financial Group Field Manual for compensation percentages on all diversified product lines. All compensation plans subject to change. Promotional criteria/designations are determined and offered by or through World Financial Group. Personal percentages earned on products may vary based on promotional level with WFG. As of Jan, 1, 2007, WFG Associate contract level of 35%, Senior Marketing Director contract level of 65%, Senior Marketing Director override level of 30%.
23 Associates of World Financial Group are independent contractors, regardless of field title/designation.
Associate 22,23
(Helps four families per month) $3,192 $38,304
Per Month Per Year
Senior Marketing Director 22,23
(Helps four families per month) $5,928 $71,136
Dynamic Compensation Plan
Business Building Income The following example shows how helping one family results in $2,280 of commission paid to the field.19,20 For this example, the commission amount is based on an average Indexed Universal Life (IUL) insurance policy21 sale to a 40-year-old male who is contributing $200 per month to the IUL.
24 Example assumes all Senior Marketing Director’s team members are at the Associate level. * World Financial Group, Inc. (WFG) is a financial services marketing company whose affiliates offer life insurance and a broad array of financial products and services. Securities are offered through
Transamerica Financial Advisors, Inc.), Member FINRA/SIPC. Insurance products are offered through World Financial Group Insurance Agency, Inc. (WFGIA) or its subsidiaries. WFG, TFA, WFGIA are affiliated companies. Headquarters: 11315 Johns Creek Parkway, Duluth, GA 30097-1517, PO Box 100035, Duluth, GA 30096-9403. Phone: 770.453.9300. WorldFinancialGroup.com
** Many people have experienced different levels of success with World Financial Group. However, individual member experiences may vary. This statement is not intended to, nor does it, represent that any current member's individual results are representative of what all participants achieve when following the World Financial Group system.
Only Senior Marketing Director’s
team members24 help four families each per month
Senior Marketing Director leading a five-person team22,23,24
$13,680 $164,160
Senior Marketing Director and each team member24 helps four families per month
$19,608 $235,296
Per Month Per Year
Bernadette & Moon Kim Registered Nurse
Trevor & Jennifer Jenson CPA
Mike & Mary Ann H insvark Student
David & Hanna Horenstein Real Estate & Mortgages
Eric & Debbie Jenson General Manager
WealthWave Annual $500,000+ Earners
Brian & Mary Loiseau CPA
WealthWave Annual $500,000+ Earners
Julio & Solange Velazquez Financial Services
Terry & Lori Wengert Engineering Grad Student
Rick & Kathy Stone Business Owner
Greg & Lori Sorenson Quality Assurance Manager
Tim & Julie Mullaney Flight Attendant
2011 2012 2013 2014 2017
$267,266,659
$732,631,483 Record Income Paid to Field
Through December 31,2017
3 Options To Get Started
Client
Grow your
Financial knowledge
Utilize our strategies
to secure your financial future
Part-Time
Become a licensed
financial professional
Choose your hours
And build your business on your terms
Full-Time
Build a business
without limitations As big as your vision
Take advantage of a wide variety of incentives
…
NextStep
Set an appointment in the with our Managers to discuss:
- Part time, twin or encore career - Full time business owner - Referral partner - Is it a fit for you and for us - Help make a difference
Distributions such as loans and withdrawals can only be made if the policy has been in force long enough to
accumulate sufficient value. Loans and withdrawals will reduce the policy value and death benefit. Loans are
subject to interest charges. If a policy lapses while a loan is outstanding, adverse tax consequences may result.
Policy loans are generally not taxable when taken and cash withdrawals are not taxable until they exceed basis in
the policy. However, if the policy is treated as a modified endowment contract (MEC) by IRC Sec. 7702A,
withdrawals and loans are taxable when taken to the extent of gain in the contract and may also be subject to a
10% federal income tax penalty if taken prior to age 59½. Cash distributions associated with benefit reductions,
including reductions caused by withdrawals during the first 15 years, may be taxable. Consult your tax advisor
regarding your particular situation. Riders and rider benefits have specific limitations and costs and may not be available in all jurisdictions. For
complete details including the terms and conditions of each rider and exact coverage provided, please consult your
agent. To comply with IRS Regulations, we are informing you of the following: Any discussion or advice regarding tax
issues contained in this presentation was not intended or written to be used, and cannot be used, to avoid taxpayer
penalties. Such discussion or advice was written to support the promotion or marketing of the transaction(s) or
matter(s) contained in this presentation. Anyone reading this presentation or contemplating a transaction discussed
in this material should seek advice based on the client’s particular circumstances from an independent tax advisor.
Tax advice not offered by Transamerica Financial Advisors, Inc., Transamerica Financial Group Division or their
affiliated companies.Past performance does not guarantee or indicate future results. The S&P 500® Index is a broad
measure of the U.S. stock market. Indices are unmanaged and one cannot invest directly an index. The returns
include reinvestment of dividends and capital gains. The average stock fund investor refers to the universe of all
stock fund investors whose actions and financial results are restated to represent a single investor. Indices do not
take into account fees and expenses associated with investing. All economic data and performance data are
historical and not indicative of future results. WealthWave, LLC is a financial services marketing company that is associated with World Financial Group, Inc.
World Financial Group, Inc. (WFG) is a financial services marketing company whose affiliates offer a broad array of
financial products and services. Insurance products offered through World Financial Group Insurance Agency, Inc.
(WFGIA), World Financial Group Insurance Agency of Hawaii, Inc., World Financial Group Insurance Agency of
Massachusetts, Inc., World Financial Group Insurance Agency of Wyoming, Inc., World Financial Insurance Agency,
Inc. and/or WFG Insurance Agency of Puerto Rico, Inc. Securities and Investment Advisory Services offered through
Transamerica Financial Advisors, Inc. (TFA), Transamerica Financial Group Division - Member FINRA, SIPC, and
Registered Investment Advisor. Non-Securities products and services are not offered through TFA. Only WFG
associates who are Registered Representatives and/or Investment Advisor Representatives of Transamerica
Financial Advisors, Inc. can offer investment products and/or investment advisory services. WFG, WFGIA and TFA
are affiliated companies. WealthWave and Transamerica Financial Advisors, Inc. Transamerica Financial Group
Division are not affiliated. WealthWave Headquarters: 6475 E Johns Crossing, Johns Creek, GA 30097-1553. Phone:
(770) 418-0300 ext. 104. WealthWave.com WFG and WFGIA Headquarters: 11315 Johns Creek Parkway, Johns
Creek, GA 30097-1517. Phone: (770) 453-9300. WorldFinancialGroup.com TFA Headquarters 570 Carillon Parkway,
St. Petersburg, FL 33716-1294. Phone: (800) 322-7161. TFAconnect.com
More info at wealthwave.com
© 2018, WealthWave Inc. All rights reserved FOR EDUCATIONAL & TRAINING PURPOSES ONLY