Retirement Planning Consultants Today, half of Americans guess when determining what their retirement needs will be. How about you? Are you confident in your ability to determine your needs and in your ability to develop an adequate nest egg for your retirement? Are you efficiently utilizing all of the possibilities for developing that nest egg? Do you know the distinct differences between saving and investing and how these differences will have an impact on the size of your nest egg? Do you have a plan? There really is only one person who is thoroughly qualified to plan your retirement. Who? You. Why? Because no one understands your goals better than you do. And, if you don’t take charge of your retirement, no one else will. In order to have a comfortable retirement tomorrow, you need to develop your plan today. And, a comfortable retirement doesn’t just happen. It takes planning and we can help you. We can help you to develop a step-by-step process; a saving - investing “road map.” We will provide you with straight-forward, easy-to understand, unbiased and candid information. We don’t get bogged down with financial jargon. We keep it simple. Our workshops provide an interesting, thought-provoking and stimulating learning experience. You will be involved with Q&A, interactive role plays, brainstorming groups, quizzes, workbook and problem solving exercises. Your retirement may be years away, but planning for it shouldn’t be. It is never too soon to begin. Why this workshop? Many individuals approaching retirement say, “I’d like to have a comfortable retirement” What is a “comfortable” retirement? How much money will you need to have your comfortable retirement? For some, comfortable means living a lifestyle that requires $40 thousand a year or less…and they would not trade places with anyone. For others, they need $50 thousand, $75 thousand or more a year. What kinds of financial issues should you be thinking about in regard to your retirement? Where will your money come from? What will Social Security provide? What will your pension (if you have one) provide? The difference between a defined benefit pension plan and a defined contribution plan (401(k), 403(b) 457 plan. Social Security. When will you receive your benefits? What will they be? How long should you plan for? An examination of the life expectancy tables and how you can use the tables to help you with your plans. The impact of inflation. Inflation will have an impact on your retirement. Between 1926 – 2004, the annual inflation rate has averaged around 3 percent. Saving - investing for retirement. The difference between saving and investing. When your goals require a good deal of money, like funding a comfortable retirement, simply “saving” your money may not be enough. Various saving and investing options, a 401 (k), 403 (b), 457 Plan, an IRA, a Roth IRA. How can you use these various options to your advantage? Why you should begin your saving - investing program as early as possible. Each year that you put off saving makes accomplishing your retirement goals more difficult. Think long-term and be patient. Do not place too much emphasis on short-term performance. It will fluctuate. Where will you invest your money? Stocks, bonds, mutual funds, cash-type investments? Why? What are the risks involved in placing your money in each asset? Planning - Saving – Investing For Retirement- A Simple Approach That Works An easy, step-by-step, time-tested process for building your retirement nest egg. . Presents: Brand New Workshops For 2007 For others, there will never be enough money. Some will be thrifty and others will spend more than they did while they were working. Only you can determine how much you will need for your “comfortable retirement.”

Are you confused, overwhelmed, disappointed with the investment process and don’t know where to begin? As you may have discovered, investing isn’t much fun for the average investor. What options do you have? You can do it on your own. But, how good are you on picking from tens of thousands of stocks, bonds and mutual funds that are available? One financial writer calculated that if you stay up on the news in the press, magazines, online and cable, you'll be exposed to at least 42,000 "tips" every year from pundits and ads. How do you sift through all of that confusing information? You don’t have to be a pro to make money in the market. Sure, the media will try to attract you with the prospect of “beating the market” returns. But a growing amount of academic research shows that the vast majority of actively managed mutual funds, over time, just don’t deliver. Index funds (passively managed) more often than not, are a better choice. Consider: In the fall of 2006, Standard and Poor’s found that more than half of actively managed funds --- those portfolios picked to outperform the market --- failed to beat their benchmark index --- the measure of average gains or losses in their segment of the market. What did the S&P find when they looked over returns over the past year, three years and five years? For mutual funds tracked by the S&P 500 (large-capitalization stocks, seven in ten had returns below the index for the past five years. Among actively managed funds investing in midsize and small companies, eight in ten had returns below the index. With international stock funds, almost two thirds fell short of their benchmark. The index funds beat them time and again. By definition, index funds may be average --- they rise and fall with the market --- and dull but they brainlessly beat the actively managed funds. Many investors are a bit wary of the concept of investing in the entire stock market average as represented by an unmanaged index stock mutual fund. However, some of the most sophisticated investors in the U.S., the administrators of institutional pension funds, invest billions of dollars in index funds because of their long term returns and low cost. They are the people who have the responsibility to do the right thing for many thousands of employees who are counting on their pension fund when they retire. There are a number of approaches you can take. In our workshop you will learn how to utilize a number of simple, lazy, low-maintenance investment portfolios that utilize index funds. What is the aim of this approach? It is to produce a portfolio of low-cost mutual funds investing in asset classes that are likely to outperform the S&P 500 Index and many, if not most actively managed mutual funds. In addition, we will examine and discuss such questions as ---- What is your greatest fear about retirement? --- How much money you will need to live on in retirement? --- Where will the money come from? --What is your personal tolerance for risk? This workshop will provide participants with the necessary information and exercises to assess the risks and potential rewards associated with a wide range of investment choices. Are you a conservative, moderate, aggressive investor? How should that influence how you allocate your assets? You will also participate in a risk assessment test that can help you to determine your tolerance for risk in investing. How and why will that affect your investment choices? What kinds of assets will give you the returns you will need to achieve your goals? How do you combine those assets in the right proportions into a portfolio that is tailored specifically for you?- How can you learn to recognize and control the expenses of investing? How will fees and expenses impact your returns? How do you develop a distribution plan that will give you the income you need in retirement along with the peace of mind of knowing you won’t run out of money? How can you benefit from our workshop?  What we have learned from years of helping people, is that retirement planning - saving - investing is not easy and achieving retirement security requires time, adequate contributions to your plan and your active involvement.  We know that you want an approach that is understandable, helpful and believable. We are educators.  We provide un-biased, independent, straight-forward, easy-to-understand and candid information - education that can help you do a better job. Interested in our workshops? Talk to the people in your benefits – compensation – HR office – your retirement plan administrator about our workshops and how they can help you and your fellow employees. Ask them to get in touch with us so that we can bring our informative programs to your work place. We think you, the average investor, can gain a great deal from participating in our workshops. Email: rrj1@cornell.edu, phone: 607-255-4405 Your Workshop Instructor Robert R. Julian, president of Retirement Planning Consultants, is an adjunct instructor at the School of Industrial and Labor Relations at Cornell University. He has also served as Director of Media Services and Director of Management Training Programs at the School. He has taught graduate courses in the area of Organizational Communications. He also conducts workshops and seminars for the university on such topics as planning for retirement, conflict resolution, negotiation, communication. He is the author of RETIREMENT PLANNING HANDBOOK 1st and 2nd edition, 1998. 2