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00:00.0
in estate and retirement planning.
00:01.9
So, steps in retirement planning.
00:05.3
So, meron tayong five steps dito.
00:07.4
So, one is assessing your current financial situation.
00:12.4
The second one is defining your retirement goals.
00:18.5
May pa-assignment ako dito sa inyo mamaya.
00:22.1
And then, determining our spending needs
00:27.2
and our income requirements.
00:30.4
Number four is choosing the best investments
00:33.6
to boost your retirement.
00:36.3
And number five is implementing and monitoring your plan.
00:42.0
So, with this, ito yung outputs naman ng ating webinar.
00:50.2
So, the first one is a retirement health check report.
00:56.6
We will also be able to define your retirement
01:01.3
At the end of our session webinar,
01:04.8
we will have been able to estimate your retirement expenditures
01:10.2
and income requirements.
01:12.4
We will also explore possible sources of income
01:16.2
for your retirement, retirement fund or retirement expenditures.
01:22.4
And then, we will also make action points
01:25.6
and set up systems to operationalize your retirement plans.
01:31.3
So, dito sa step one, no?
01:35.9
Sa assessing your current financial situation,
01:39.8
ito yung mga assignment natin,
01:41.6
yung classic na lagi kong pinapa-assignment,
01:43.7
yung money in, money out,
01:45.0
at saka yung statement of assets,
01:47.1
liabilities, and net worth.
01:49.9
Then, we will have,
01:51.4
meron din tayo ng financial health check,
01:53.7
which is a quick version of the personal finance diagnostics,
01:57.4
which is the in-depth version.
02:00.0
So, in assessing your current financial situation,
02:03.6
if you attended the financial planning course last November,
02:09.1
ginawa na natin itong apat na ito.
02:11.6
Ang additional is, for this session,
02:15.0
is the how to track your estate.
02:22.8
Meron tayong, ano mamaya,
02:24.2
meron akong discussion,
02:26.2
medyo mahaba-haba yung discussion natin sa,
02:31.3
Kasi, ito yung magiging basehan, eh,
02:35.6
ng pagdidistribute ng assets mo.
02:39.3
Baka, hindi nila alam kung nasaan, no?
02:43.2
Yung mga bagay-bagay.
02:46.3
So, number, step two is
02:48.2
defining your retirement goals.
02:51.1
So, I'll have you envision your retirement.
02:53.7
And, paano mo ba pinaplano yung retirement mo?
02:58.0
As in, wala na ba talaga,
02:59.4
mag-retreat ka na at magta-travel ka na lang?
03:07.1
So, we will, kailangan natin siyang i-define.
03:09.8
And then, ano yung retirement age and length of retirement?
03:14.8
Tapos, ano yung ating mga financial responsibilities and obligations?
03:19.7
And, how we are going to help others financially and our legacy?
03:24.5
Ayan yung step two.
03:28.3
eto, we'll be focusing on the 5-15-20-60 budgeting rule.
03:34.6
Eto ay gagawin ninyo in the accumulation phase for the retirement.
03:39.1
Yan yung stage natin ngayon.
03:40.8
And, once we retire,
03:42.8
eto yung ituturo ko naman, no?
03:44.3
Yung 4% budgeting rule upon retirement.
03:49.0
Okay? Excited na ba kayo?
03:50.8
And, yung sa step five is,
03:54.1
sa step four is choosing the best investments to boost your retirement.
03:58.3
So, I'll give you ano yung mga investments na okay for your retirement.
04:04.4
And then, ano yung mga investments to avoid.
04:08.7
And, step five is implementing and monitoring your plan.
04:12.6
So, how do you communicate your retirement plan to your loved ones, to your family members?
04:17.7
And then, creating a system para mabawasan yung analysis paralysis natin, mga temptations, at saka yung mga heuristics.
04:26.8
So, yan yung ano.
04:28.3
Yan yung quick pasada ng ating retirement steps in retirement planning.
04:38.4
So, for tonight, we will be spending more time dito sa one and two.
04:45.3
And then, itong three, four, and five ay for next week.
04:49.0
Yan yung focus natin.
04:58.3
So, punta tayo sana.