Watch our webinar about financial planning for women in the education community. Some of the topics covered include: How different life changes affect a woman’s finances How to take control of your money Understanding your investment options The financial effects of future care giving duties How to protect you and your family Ways to become more financially savvy It’s a live, web-based show hosted by Bruce Sellery, a former BNN anchor, and Lisa Raponi, a Certified Financial Planner.

1. w w w . e d u c a t o r s f i n a n c i a l g r o u p . c a
INDEPENDENT WOMEN:
Financial fundamentals for the female educator

2. Independent Women
Meet your moderator
Founder of Moolala
(a personal finance training company)
Bruce Sellery

3. Independent Women
Meet your subject matter expert
Financial Planner – CFP
Educators Financial Group
Lisa Raponi

4. Independent Women
About the webinar
• Slides
• Taping
• Screen
• Questions

5. Independent Women
Agenda
1. Women and money
2. Determine your path
3. Take control of the wheel
4. Become financially literate
5. Protect you and your family

6. Independent Women
Women and Money
• 54% describes themselves as family CFO
• 60% are the primary wage earners
• 49% fear going broke
Source: Allianz Life Insurance

7. Independent Women
Women and Money
Relationships, women and retirement - The "5Ds” :
• Death of a spouse (women have longer life spans)
• Divorce (a third of all divorces involve couples over 50 years old)
• Delayed marriage (women are waiting much longer to get married)
• Dumped (women can be either the dumpee or the dumper)
• Don't want to be married (many women are content being single)
Source: The Single Woman’s Guide to Retirement, by Jane Cullinane

8. Independent Women
Your financial roundup
Net worth
statement
Net worth
statement
Total
value of
assets
Total
value of
assets
Total
value of
liabilities
Total
value of
liabilities
Cash flow
statement
Cash flow
statement
Total
income
Total
income
Total
expenses
Total
expenses

9. Independent Women
Exercise #1: Net worth statement
Bank account $___
RRSP’s $___
Savings $___
House $___
Other $___
Total assets $___
Credit card $___
Car loan $___
Line of credit $___
Mortgage $___
Other $___
Total liabilities $___
Total net worth $ +/- _______

10. Independent Women
Understand where your money goes
Total
Income
 Household
expenses
 Debt
repayments
 Short term
savings plan
 Retirement
savings plan
Surplus/
Shortfall
Small shifts can make a huge difference

11. Independent Women
Exercise #2: Monthly cash flow statement
Net household
income $___
Rental income $___
Total income $___
Mortgage $___
Groceries $___
Entertainment $___
Car insurance $___
Credit cards $___
RRSP $___
Total expenses $___
Total monthly cash flow $ +/- _______

12. Independent Women
Determine your path
1. Do you want to travel a few times a year?
2. When do you want to retire?
3. Do you want to take advantage of a deferred salary
plan?
4. Is buying a home an option for you?
5. What are your family responsibilities now and in the
future?

13. Independent Women
Examples
Short term goals
(3-5 years):
• buying a new
house
• saving for your
child’s education
• taking advantage
of the 4 over 5
plan
Long term goals
(10+ years):
• retirement
lifestyle
• paying off your
mortgage
• leaving an estate
for your family

14. Independent Women
Exercise #3: What are your goals?
Top three short term
goals:
1.______________
2.______________
3.______________
Top three long term
goals:
1.______________
2.______________
3.______________

15. Independent Women
GOT QUESTIONS?
WE’VE GOT EDUCATOR-
SPECIFIC ANSWERS

16. Fixed income
 Government bonds
 Corporate bonds
 GICs
Equities (stocks)
 Canadian
 US
 International
Cash
Your investment options
Independent Women

17. Independent Women
Asset allocation
Short-
term
(1-3
years)
Mid-
term
(3-5
years)
Long-
term
(5+
years)
• Money market fund
• Mortgage and income fund
• Bond fund
• Mortgage and income fund
• Bond fund
• Balanced fund
• Dividend fund
• Balanced fund
• Pure Canadian equity fund
• Global fund
• Sector specific fund

18. Independent Women
Buckets to place your money
NRA
Non-
Registered
Account
TFSA
Tax-Free
Savings
Account
RRSP
Registered
Retirement
Savings
Plan
• Investment income earned
is taxed annually
(interest/dividend/capital gains)
• Any withdrawals may be
subject to capital gains tax
• Investment income
earned is tax-free
• Any withdrawals
are not taxed
• Investment income
earned is tax-deferred
• Taxed as income
upon withdrawal

19. Source: Mackenzie Investments
Based on the S&P/TSX Composite Index Dec. 31, 1991 and Dec. 31, 2010.
The cycle of investor emotions
Independent Women

20. Independent Women
Take control of the wheel
1. Pay yourself first
2. Understand credit options
3. Reduce your interest
4. Become debt-free faster
“The average female worker earns 71% of what a man does.”
MoneySense magazine, November 2010

21. Independent Women
Use a stylist, not a barber
Putting away just $100 a month with 5% growth:
Compounding Amount Actual Monthly Contributions
2010 2012 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 2034
$0K
$10K
$20K
$30K
$40K
$50K
$60K
2010 2012 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 2034
$0K
$10K
$20K
$30K
$40K
$50K
$60K
Source: Go Figure calculations based on $100/month contributions at 5% growth.

22. Independent Women
Types of debt: the pros and cons
Vehicle Pro Con
Personal Loan
• Set payment term
• Can be paid off anytime
• Higher rate of interest
Credit Card
• Low minimum payment
• Revolving limit
• High interest rate
• Can have debt for life
Line Of Credit
• Revolving limit
• Can be paid off anytime
• Like a low-interest
credit card
• No set payment term
• Can have debt for life
Mortgage
• Set payment term
• Lowest borrowing rate
• Pre-payment restrictions
• Long amortization
• Not easily refinanced

23. Independent Women
Stop paying high interest rates
=The average department store credit card charges 20%
The average bank credit card interest rate = 14%
Low-rate line of credit through Educators = 4%
The average line of credit interest rate = 8%
Use our online Debt Calculator to see how much money you
could be saving by switching to a low-rate line of credit through us!

24. Independent Women
Take control – take action
• Stop paying high interest rates
• Consolidate high-interest debt if possible
• Increase amount/frequency of payment(s)
• Round up payment to nearest $100
• List all balances from highest to lowest
- Record interest rates for each debt
- Pay the highest rate with the lowest
balance first

25. Independent Women
Accelerate your mortgage payments:
Look for more ways to save
*Over the duration of the mortgage – based on a $200,000 mortgage at a 5-year
fixed term/25-year amortization period and a 4% rate.
Payment
Strategy
Total Mort.
Payment
Interest/Time Saved*
(Over life of mortgage)
Slow and steady
(Regular)
$1,052.00
(per month)
None
Accelerated $526.00
(bi-weekly)
$16,849.00
(plus 3 years off amortization)
Accelerated +
(Add $180)
$706.00
(bi-weekly)
$53,826.00
(plus 11 years off amortization)
Turbo charged
(Add $180 + $5,000
annual lump sum)
$706.00
(bi-weekly)
$72,513.00
(plus 15 years off amortization)

26. Independent Women
Protect you and your family
 Wills
 Powers of attorney
• Financial property
• Personal care
 Insurance

27. Independent Women
Ask for advice
• Seek out a highly accredited
Financial Planner
• Work with someone who understands
you as an educator
• Be involved
• Have regular contact
• Take action

28. Independent Women
GOT QUESTIONS?
WE’VE GOT EDUCATOR-
SPECIFIC ANSWERS

29. Percentage of women who…
Become financially literate
Independent Women

30. Independent Women
Financial literacy is a ‘click’ away

31. Independent Women
Create your net worth and monthly cash
flow statements (i.e. use our Go Figure online tool)
Determine your financial goals
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Call us/visit us online: 1.800.263.9541,
www.educatorsfinancialgroup.ca
Homework

32. A women is like a circle, within her is the power to
CREATE, NURTURE, and TRANSFORM.
-Diane Mariechild
Take the time to create your own roadmap,
nurture your mind with information so you can
transform your goals into reality with the help of
Educators Financial Group.
Final thoughts
Independent Women

33. Independent Women
Disclaimer
The information provided is general in nature and is provided with the understanding that it may not be
relied upon as, nor considered to be, the rendering of tax, legal, accounting or professional advice.
Attendees and readers should consult a financial planner and their own accountant and/or legal advisor
for specific advice related to their circumstances. Educators Financial Group will not be held
responsible or liable for any losses, costs, damages or expenses incurred by reason of reliance as a
result of the aforementioned information. The information presented was obtained from sources that are
believed to be reliable. However, Educators Financial Group can not guarantee their completeness or
accuracy. Commissions, trailing commissions, management fees and expenses may all be associated
with mutual funds. Please read the simplified prospectus before investing. Mutual funds are not
guaranteed, their value changes frequently and past performance may not be repeated.

34. www.educatorsfinancialgroup.ca
Independent Women
THANK YOU