FOR CLIENTS ONLY

Financial Directions Special Edition Seastrunk Financial Summmer 2017

TThhiiss FFRREEEE RReeppoorrtt RReevveeaallss 44 PPoossssiibbllee

TThhrreeaattss TToo YYoouurr RReettiirreemmeenntt PPllaann

Florence, SC - Back in the day, it didn't take a finance degree to be able to ensure a successful

retirement. Most people could count on receiving generous pension and Social Security checks. Getting to the bank to cash them was the biggest challenge.

Those days are gone. Even if you have money saved and can count

on income from other sources, one of the biggest challenges for today's retirees is setting up your accounts in ways that will provide dependable, tax-savvy streams of retirement income.

THE NEW RISKIER

RETIREMENT SCENARIO Modem retirees are more

and more self-funded with

retirement accounts that have to cover income for life and cover their own health care cost. And these accounts come with their various taxes and penalties if

handled incorrectly. Whether you’re in or nearing retirement, you

face an increasingly difficult challenge: making your income last through your lifetime with a minimal tax drag.

Now more than ever you need to educate yourself about your options and prepare way in advance.

4 Critical Factors for Planning Your Retirement

1. When: Earlier retirement lowers lifetime Social

Security and increases investment income needs.

2. Where: Cost of living, health care and taxes

vary nationwide.

3. How: Income needs impacted by part time

work, travel plans, and not downsizing.

4. What: Source of income? Social Security,

Pension, 401 k/IRA, real estate gain from downsizing?

With so much confusion among today's retirees Seastrunk Financial Management is pleased to announce a new FREE financial report that will reveal if you are on track with your retirement plan.

All of this uncertainty has made many pre- and post-retirees apprehensive about their own futures. Understandably so. But while you can’t control the economic climate, you can take steps to maintain control over its impact on your financial security.

How? By developing a realistic retirement

income plan.

Such a plan entails envisioning your retirement, estimating your essential and discretionary expenses during retirement, and seeking to

ensure you do not outlive your assets.

How To Get Started...

Your personal financial information is, of course, totally confidential and intended solely for our use in preparing an informative financial report to help you determine which financial options are best for you and to help you meet your financial goals.

The financial questionnaire we use to prepare

your report is simple but thorough. It requests detailed information, but it should take you no longer than 30 minutes to complete.

Do not spend too much time on any single

question or entry. If you do not know an answer, just give your best estimate. We can easily refine your report later.

If you prefer, we can help you complete your

questionnaire by telephone or in person. It is very important not to procrastinate. Better financial

management starts today!

1

Invest 30 minutes of time to complete your questionnaire now.

GATHER YOUR PERSONAL AND FINANCIAL DATA

Provide details about your family situation, identify your investing

approach, and rate your tolerance for risk — all of which may help shape

your retirement income plan.

And what's on your "Bucket List"? Before I die, I ________" or "After I

retire, I ________" There are things you've always wanted to do, places

you've always wanted to visit, people you've always wanted to meet,

subjects you've always wanted to study, hobbies you've always wanted to enjoy, and

ideas you've always wanted to explore.

Be prepared to tell us about these, however trivial, silly, unimportant or

embarrassing they may seem. Couples should prepare their lists individually at first,

then make a separate list together.

And finally, please bring lots of questions!

PERSONAL INFORMATION

Name: ________________________________________________________________

Male Female Date of Birth Retirement age

When do you plan to start receiving Social Security retirement benefits (if known)?

Include a partner or spouse in your plan? Yes No

Spouse’s/Partner’s Name:

Male Female Date of Birth Retirement age

When does he/she plan to start receiving Social Security retirement benefits (if known)?

INVESTMENTS AND RISK

If the markets were to decline in value early in your retirement, what would you do?

Not sell, and stay with my long-term plan

Sell most of my risky investments and buy more conservative ones

Sell the majority of my portfolio and buy more conservative investments

Sell my entire portfolio and remain in cash until the market recovers

Based on your tolerance for fluctuations in the market, as well as your overall investment goals, how comfortable are

you with risk in your portfolio?

MORE RISK LESS RISK

Risk is not a

concern

Comfortable

with

higher-risk

investments

Somewhat

comfortable

with risk

Prefer

moderate risk

Comfortable

with mostly

lower-risk

investments

Prefer

low-risk

investments

3

IDENTIFY EXISTING AND POTENTIAL SOURCES OF INCOME AND ASSETS

List the income sources you will use to fund your retirement, as well as any assets and accounts you

may have that could be converted into income.

DESCRIPTION OF SOURCES OF INCOME

INCOME (INCLUDING START AND END DATES)

MONTHLY INCOME

SPOUSE/

YOU PARTNER

Annual Income $ $

Social Security $ $

Pension Plans $ $

Annuity Income $ $

Rental Income $ $

Other $ $

TOTAL MONTHLY INCOME $ $

WHERE ASSETS %

ARE HELD SHORT-

(NAME OF % % TERM

ASSETS INSTITUTION) STOCKS BONDS SECURITIES

ANNUAL INVESTED

CONTRIBUTIONS ASSETS

SPOUSE/

YOU EMPLOYER YOU PARTNER

Employer-

Sponsored

Retirement

Savings Plans

[401(k)s, 403(b)s,

SEPs, etc.]

$ $

$ $

$ $

$ $

Traditional IRAs,

Rollover IRAs,

Roth IRAs

$ $

$ $

Taxable Mutual

Funds, Individual

Securities

$ $

$ $

$ $

Tax-Deferred

Annuities (fixed

and variable)

$ $

$ $

Savings Accounts,

Checking

Accounts, CDs

$ $

$ $

Other $ $

TOTAL INVESTED ASSETS $ $

ADD’L ASSETS/

FINANCIAL DESCRIPTION OF SOURCES OF INCOME

EVENTS (INCLUDING START AND END DATES)

MONTHLY INCOME

SPOUSE/

YOU PARTNER

Real Estate $ $

Inheritance $ $

Stock Options $ $

Other $ $

TOTAL RETIREMENT SAVINGS, INVESTMENTS, OTHER ASSETS $ $

4

ESTIMATE YOUR ANTICIPATED RETIREMENT EXPENSES

Envision your life in retirement, and think about the expenses

you will — or might — incur. Taking into account your lifestyle

and goals, identify which expenses are essential (must have) and

differentiate them from those that are discretionary (nice to have).

*If yes, please provide details to your advisor.

RECORD YOUR ESTIMATED MONTHLY RETIREMENT

EXPENSES, AND INDICATE WHETHER THEY ARE ESSENTIAL

AND IF THEY WILL VARY.

Homeowner’s Insurance

AMOUNT ($)

IS IT

ESSENTIAL?

YES

WILL IT

VARY?

YES*

$

Household Improvement and Maintenance $

Housing Mortgage

Property Tax

$

$

Rent/Condo Fees

Other

$

$

Electric

Oil/Gas

$

$

Utilities Telephone/Cable/Internet Fees

Water/Sewer

$

$

Other

Clothing

$

$

Groceries

Personal Laundry/Dry Cleaning

$

$

Personal Care (health and beauty aids) $

Other $

Dental, Vision, and Hearing $

Medical Insurance

Medicare Premium and Expenses

$

$

Health Care

& Insurance

Medicare Supplemental (Medigap) Premiums $

Other (e.g., Out-of-Pocket Prescription Costs)

Long-Term Care Insurance Premiums

$

$

Disability Insurance

Life Insurance Premiums

$

$

Support of Children or Grandchildren

Family Care Support of Parents

$

$

Other Obligations $

SUBTOTAL $

5

*If yes, please provide details to your advisor.

Excise Tax/Registration Fees $

Gasoline $

Insurance $

Routine Maintenance $

Other Commuting Expenses $

Club Memberships $

Hobbies $

Travel and Vacations $

Other $

Dining Out $

Movies/Theater/Sporting Events $

Other $

Charitable Donations

$

Gifts $

Miscellaneous/Other

$

Expense 1: $

Expense 2: $

Expense 3: $

Expense 4: $

Expense 5: $

Expense 6: $

$

$

$

AMOUNT ($)

IS IT

ESSENTIAL?

YES

WILL IT

VARY?

YES*

Auto Loan or Lease Payment $

Routine

Transportation

Recreation

Entertainment

Charitable

Donations

Gifts

Miscellaneous/

Other

Custom

Expenses

SUBTOTAL SUBTOTAL FROM PAGE 4

TOTAL

6

MEET WITH US TO GO OVER YOUR RETIREMENT INCOME PLAN

Next, call us at 843-661-0220 schedule a free 30 minute meeting to bring your

completed questionnaire. We will input the information into our calculators and

crunch your numbers to see if there are any hidden risk to your retirement

income plan.

In gathering this data, you have laid a foundation for your retirement income plan. Now it’s

time to for us to get to work and crunch the numbers for a retirement income checkup that:

• Reveals key risks that retirees may face, such as longevity, inflation, asset

allocation, excess withdrawals, and health care costs.

• What your retirement investment goals and objectives are.

• If those goals match with your anticipated annual rate of return and current

asset allocation.

• If you're still working, how many years will your portfolio continue to grow

before you begin taking withdrawals?

• Does it make sense to continue working?

• Are you contributing enough to your various accounts?

• How long will your assets need to last?

All these questions are important factors, and should be carefully considered

as you craft your long-term investment strategy.

How To Use This Retirement Report To Avoid These Problems...

While the results from your personalized report are strictly hypothetical, the annual

income result should give you an estimate of expected annual cash flow during

your retirement years. With this information in-hand, you can determine what

questions to ask about your current or future retirement situation.

7

Seastrunk Financial Management, LLC is a Fee-Only Registered Investment Advisor located at 121 S

Cashua Dr. in Florence, South Carolina and has been in business since 1994. You can visit our

website at www.SeastrunkFinancial.com

The core of our business is to offer objective personal financial planning that provides a thorough

evaluation of non-investment related issues including retirement, estate planning, education, and

family legacies.

Our purpose is to help you get answers to your questions and enable you to move towards

achieving your financial and life goals.

Please download copy of our Disclosure brochure which includes details you need to know

before hiring any financial advisor.

Form ADV is a document that Registered Investment Advisers (RIAs) are required to file with either

their state or with the SEC. It’s broken down into two parts.

ADV Part I includes:

Identifying information about the firm,

How many clients they have,

Total amount of assets they manage,

Whether or not they’re a broker-dealer or a registered representative of a broker-dealer (That

is, are they paid commission to recommend certain investments?), and

A whole list of other (less interesting) tidbits.

ADV Part II includes (among other things):

What type of services they offer,

How they charge their clients (hourly fees, percentage of assets under management, fixed

fees, commissions, etc.),

What type of analysis they perform when selecting securities for a client, and

The RIA’s education and career background.

Finding an Advisor’s Form ADV

There are two ways to get a copy of an RIA’s Form ADV:

1. Look it up online on the IAPD website: https://adviserinfo.sec.gov/IAPD/Default.aspx

2. Ask for it.

If you look it up online, you can search by name of the firm or by name of the advisor.

8

AAddddiittiioonnaall FFRREEEE IInnffoorrmmaattiioonn FFoorr

PPaarrttiicciippaattiinngg IInn TThhiiss FFiinnaanncciiaall CChheecckk--uupp

For taking this step toward securing your successful retirement I will give you a copy of:

“4 Ways That Help Reduce Taxes And While Getting The Income You Need In Retirement”

Most people are familiar with the idea of trying to maximize their investments by reducing taxes

during their earning and wealth-building years. Limiting taxes on those savings in retirement is

equally important!

You will learn how to consider the basic retirement withdrawal sequence: RMDs, taxable,

tax-deferred, and tax-exempt accounts.

You will be mindful of withdrawals bumping you into a higher tax bracket, affecting

taxes on Social Security benefits, and triggering capital gains taxes.