Financial Mentor – Design Your Wealth Plan

A complete wealth planning process includes the following four components:

• 1 Wealth Creation Plan – How you’ll create wealth to invest.
• 2 Wealth Translation Plan – How to translate your wealth efficiently from income into assets.
• 3 Investment Plan – How you invest the wealth to grow faster than inflation to increase purchasing power.
• 4 Action Plan – How you make everything above happen, step-by-step.

Notice how the investment plan is only one of four key steps in the entire financial independence plan?

There’s a required series of action steps that must be mapped out in a strategic order before any of the resulting wealth can be invested. The early steps are critically important–yet surprisingly, they’re almost universally ignored.

Another important principle ignored by most wealth plans is the life cycle of building wealth.

As it turns out, there’s a strategic sequence that must be followed to reach your goal as efficiently and quickly as possible.

• In the first half of the life cycle – the Accumulation Phase – the most important action is maximizing your savings rate as a percent of your income. If you want to minimize the time required to achieve financial independence then focus on your savings rate and all the methods for creating a large spread between income and spending during the early part of the plan.
• It is only later in the wealth planning life cycle that your net investment return after inflation plays a critical role.
• In addition, there are more advanced plans based on cash flow and leverage principles taught in Module 5 of the course. This replaces the traditional earn-save-invest asset accumulation strategy with an advanced framework that completely changes how your plan is structured and radically accelerates your financial goals.

What that means is there’s a strategic order in which you want to implement various plans and actions to achieve financial independence depending on your exact life circumstances.

Your wealth plan will show you how to use your life wisely to get where you want to go. Everything you need is in this course, but you still have to do the work.

• Defining Your End Goal – You must know where you’re going before you can figure out how to get there. This step is trickier than it looks at first glance because financial freedom is a real number that can’t be faked. You must define exactly what financial freedom is for you, and what it isn’t. You can’t just pick a number out of the air. It is real and unique to you. It has meaning and purpose. We must define your gaol correctly or you won’t get the desired result.
• Finding Your Start Place – This is a bit easier. We do this by taking a complete inventory of your current situation.
• Apply the Ten Tenets Of Smart Wealth Planning – Discover how to put these proven principles of wealth building to work in your plan.
• Creating the Fastest Route – This is where the fun begins. We develop strategies for moving toward your dream and closing the gap to realized wealth and financial freedom. We organize your plan into 3 specific stages – Wealth Creation, Wealth Translation, and Wealth Growth. We figure out how to exploit your natural born talents and competitive advantages while managing around your weaknesses. We set an appropriate time period to reach your goal.
• Engineering The Numbers – A plan is just a pipe dream unless the numbers work. We’ll use tools that make this part easy and clearly defined.
• Supercharging Your Plan – Now that your core plan is created, it’s time to brainstorm alternative life scenarios to see what’s truly possible in your world and how the numbers change as a result. Principles applied in this stage include different ways to manage longevity risk, alternative applications for leverage, substituting asset classes, reallocating your limited resources for greater impact, passive vs. active investing, speed vs. reliability of the plan, creating bailouts and backstops, cash flow instead of asset accumulation, and much more…
• Reverse Engineering Action Steps – Now it’s time to convert the entire plan from theory into practice with action steps you implement so you know exactly what you need to do this week, this month, this year, and 5 years from now. Warning! There is a right and wrong way to complete this step. I’ll teach you how to do things the right way.

Course Correcting – Once the plan is completed you immediately begin taking action. As you move forward, I’ll show you how to correct and adjust your plan so it’s fluid and evolving with each step you take. It’s a working, living, breathing manual that will never sit on your shelf and collect dust. I’ll show you what potholes to watch out for and how to evolve throughout the process to reach your goal.

What You Get:

• Immediate Access To Eight Training Modules: Create your personalized plan to achieve financial independence.
• 30 Sample Wealth Plans: Todd will walk you through 30 sample wealth plans he created just for you.
• Learn at Your Own Pace: 24/7 unlimited access for convenient learning.
• Step-By-Step Instruction: Each lesson includes audio, video, PDF transcript, a summary of key points, related resources, and a quick action guide.
• Tools & Resources: Access relevant check lists, spreadsheets, mind maps, calculators, and recommended tools.
• Practice Exercises: Get real world examples to guide every step as you create your own plan.
• Live Office Hours Support: Todd Tresidder is providing live Q&A and coaching every week… for Founder’s only!
• Members Only Discussion Forum: Connect to a group of like-minded achievers.

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