Step 1 of 11 - Scorecard Introduction 9% KCG Retirement Scorecard Begin Your Scorecard. Wherever your scores lie, you have the power to make great strides toward the retirement you really want. Completing this scorecard will give you an indication of the areas of your financial life where more attention will provide more confidence. To get started, just give us your name, phone and email below and press Begin Your Scorecard. Want to know more about the 10 key components of financial health we're helping you score? Click here for our introductory videos with our partner Tom Ruggie explaining the 10 mindsets. Once You’ve Submitted Your KCG Scorecard... ...You’ll be eligible for a free assessment of your scorecard and consultation with an Advisor who will help you understand where you are in the process of preparing for retirement, the steps you can take on your path to greater financial health, and how to score the best possible financial situation for your retirement years. Your Contact InfoName* Phone*Email* Referred by (if applicable) Is there an Advisor we should share this with? No Yes If so, which Advisor? Mindset 1: Integrated Financial Planning The key here is for you to have a trusted advisor who can assist in all areas of your overall wealth management plan as you head into retirement and beyond. You should think of a trusted advisor as your personal CFO who stands beside you for every important financial decision. You do not have a trusted advisor, nor coordination of your financial strategies, or you “do it yourself” 1 2 3 You have one or more advisors but not one you are confident has provided you with the necessary integrated financial strategies 4 5 6 You have a trusted advisor, but you are uncertain your advisor has the capacity to thoroughly take care of all your integrated financial planning needs 7 8 9 You have a trusted advisor you are confident has implemented the best strategy and has the team in place to meet all your integrated financial planning needs 10 From the four statements above, please select the number between 1 and 10 which best describes where you feel you are currently, and where you would ideally like to be.ENTER CURRENT SCORE* HiddenENTER IDEAL SCORE Mindset Number Two: Investment Strategy & Choice The main goal here is for you to have a trusted advisor who offers both strategy and choice. By ‘strategy’, we mean a well-thought-out investment plan. By ‘choice’ we mean an investment professional who is independent and fee-based with no conflict of interest. Your financial advisor(s) has limited capacity to evaluate all available options (for example, insurance license only) 1 2 3 You do not know if your financial advisor has the ability to provide investment recommendations autonomously 4 5 6 Your trusted advisor has the ability to recommend virtually any investments but you are still concerned about bias 7 8 9 Your trusted advisor has the resources to recommend and evaluate all traditional investments as well as alternative investments 10 From the four statements above, please select the number between 1 and 10 which best describes where you feel you are currently, and where you would ideally like to be.ENTER CURRENT SCORE* HiddenENTER IDEAL SCORE Mindset Number Three: Income Security If you are retired or soon to be retired, the best peace of mind you can have is confidence your plan and investments will allow you to maintain the lifestyle you’re currently accustomed to without having the concern you’ll run out of resources. You have significant concerns in your ability to maintain your lifestyle and have not developed a strategy to provide you peace of mind 1 2 3 You have a strategy in place but you are unsure if distributions are sustainable 4 5 6 You are confident in your ability to maintain your lifestyle, but do not feel you have a well-thought-out strategy to assure this 7 8 9 You're confident in your ability to maintain your lifestyle and have an integrated, systematized strategy to provide you financial peace of mind 10 From the four statements above, please select the number between 1 and 10 which best describes where you feel you are currently, and where you would ideally like to be.ENTER CURRENT SCORE* HiddenENTER IDEAL SCORE Mindset Number Four: Consolidated Wealth Reporting A robust reporting system, including a document warehouse for digitally storing legal documents, tax returns, insurance policies, and other pertinent information, is a game changer and means access to your financial information – and your spouse’s -- is just a click away. You do not have a systematized, on-line reporting system consolidating all of your assets 1 2 3 You have reporting available through your current custodian but it does not tie all assets together 4 5 6 You have reporting through your current custodian and receive a report consolidating all assets upon request 7 8 9 You have a systematized reporting process for not only your investments but your entire net worth readily available 10 From the four statements above, please select the number between 1 and 10 which best describes where you feel you are currently, and where you would ideally like to be.ENTER CURRENT SCORE* HiddenENTER IDEAL SCORE Mindset Number Five: Tax Services Not everyone desires tax services. We want to make sure of you do use a tax professional, he or she is qualified to handle your unique interests and those of the end user if different. Additionally, this advisor should be willing to work with your team to help coordinate all necessary details for your family’s benefit. Your accounting needs are simple and do not require the use of a qualified tax firm 1 2 3 You utilize a tax firm but know you need to make an adjustment 4 5 6 You have a tax firm you are comfortable with but are not certain they are the best firm for you and/or they do not coordinate with your trusted advisor 7 8 9 You have a qualified tax firm to handle your unique set of circumstances, and to coordinate with your trusted advisor 10 From the four statements above, please select the number between 1 and 10 which best describes where you feel you are currently, and where you would ideally like to be.ENTER CURRENT SCORE* HiddenENTER IDEAL SCORE Mindset Number Six: Estate Plan There are many levels to a well-thought-out estate plan, and many people don’t have even the most basic wills and trusts -- in place. Estates often become more complex over time. Understanding and monitoring your legal needs benefits from having an attorney as part of your trusted team of advisors. You do not have any legal documents drafted or they are outdated 1 2 3 You have some basic legal documents/wills but have not gone through a thorough estate-planning process 4 5 6 You went through a thorough process years ago but don't remember all aspects and would benefit from an update 7 8 9 You have a well-thought-out and executed estate plan that is completely understood by you, your family and your financial team 10 From the four statements above, please select the number between 1 and 10 which best describes where you feel you are currently, and where you would ideally like to be.ENTER CURRENT SCORE* HiddenENTER IDEAL SCORE Mindset Number Seven: Charitable Planning If you have no charitable inclination, there’s really no need to have a perfect score on this. Regardless, your goal should be to set down your charitable desires while your living and at death, and to determine benefits to you from tax, legal, and personal preference perspectives. You make periodic charitable contributions, but you do not have any established plans while living or at death 1 2 3 You have plans to establish a set schedule for charitable gifts while living and/or at death 4 5 6 You have current established plans for charitable giving while living or at death but this needs to be updated or you have not evaluated all of the options and benefits to make gifts you desire 7 8 9 You have a well-thought-out plan regarding charitable giving. This could include a cognizant decision not to give while living and/or at death 10 From the four statements above, please select the number between 1 and 10 which best describes where you feel you are currently, and where you would ideally like to be.ENTER CURRENT SCORE* HiddenENTER IDEAL SCORE Mindset Number Eight: Life/Long-Term Care Insurance Protection Not everybody needs all types of insurance. We want to make sure if you do currently have policies, they are evaluated annually or bi-annually, and that understand exactly what they cover, how and under what circumstances they can be initiated, when claims are paid. You have some insurances which have not been properly evaluated or you have not evaluated the potential use of insurances in your plan 1 2 3 You evaluated your insurance coverages five or more years ago; things were fine then, but you have not re-evaluated since 4 5 6 You have evaluated current and future insurance uses but you are not certain this can’t be improved 7 8 9 You have thoroughly evaluated all existing insurances within the past two years and have made educated decisions regarding their inclusion or exclusion in your strategy 10 From the four statements above, please select the number between 1 and 10 which best describes where you feel you are currently, and where you would ideally like to be.ENTER CURRENT SCORE* HiddenENTER IDEAL SCORE Mindset Number Nine: Family Continuity This focuses on the continuity of family wealth, and considers two questions: “Are both spouses completely aware of how their wealth management plan is structured?” and “Are other family members aware?” This process creates an easier transition after the death of the first, and later, second spouse. Nobody has an understanding of our family wealth 1 2 3 There is only one person with a thorough understanding of our family wealth and planning strategies 4 5 6 Both spouses have a thorough understanding of your wealth but the family has not been included in these discussions 7 8 9 Both spouses and family members have a complete understanding of your wealth and overall planning strategies now and at death 10 From the four statements above, please select the number between 1 and 10 which best describes where you feel you are currently, and where you would ideally like to be.ENTER CURRENT SCORE* HiddenENTER IDEAL SCORE Mindset Number Ten: Simplicity and Peace of Mind This mindset sounds simple, but the truth is simplicity and peace of mind are not very common among people with whom we’ve had initial discussions. A simple, well-understood plan covering all facets of your financial well-being, can ensure you’re in the best position possible to enjoy your retirement. Your financial planning overwhelms you. You spend too much time worrying about it and do not have the peace of mind you desire 1 2 3 You do not pay much attention to your financial situation leading to a lack of confidence and peace of mind 4 5 6 You have confidence in your overall situation but could benefit from a consolidated strategy to provide you with clarity and peace of mind 7 8 9 You have confidence in your overall financial situation which provides you with the peace of mind to live life fully 10 From the four statements above, please select the number between 1 and 10 which best describes where you feel you are currently, and where you would ideally like to be.ENTER CURRENT SCORE* HiddenENTER IDEAL SCORE CAPTCHAPhoneThis field is for validation purposes and should be left unchanged. 59283