Capstone Review Video 2024 🎓📊

Welcome to the Capstone Review! This article guides you through the essential elements of your financial planning journey. Let’s dive into the goals, objectives, and key components of your Capstone Report.

Goals and Objectives 📋

• Earn 200 Points

• Understand Financial Planning

• Illustrate Your Financial Plan

• Share What You Learned

• Outline What You Will Do Next

Essential Elements 🔍

The Capstone Report

• 12 Weekly Assignments

• Changes You Made

• What You Learned

• Before and After Screenshots

• What Will You Do?

Retirement Analysis 💼

Probability of Success

• What Moved The Needle?

• Income and Expenses

• Debt Strategy

• Asset Allocation and Tax Allocation

• ⚠️ 50 Point Deduction for $5M Excess

Let’s Connect 🌐

Thank you for joining us! Stay connected with Jim Munchbach on social media:

• YouTube @JimMunchbach

• Facebook @JimMunchbach

• LinkedIn @JimMunchbach

• Twitter @JimMunchbach

Additional Resources 📚

• Watch the Capstone Assignment Video in Money Study Group

• Review Course Material in Money Study Group

• Create Your Final Report and Upload in BB

Detailed Instructions 📝

For each Essential Element, include:

• Screenshots

• Changes You Made (Before and After)

• Address specific questions for each element:

Balance Sheet

• Assets

• Liabilities

• Net Worth

Budget

• Detailed Budget

• Manual Additions (if needed)

Debt Strategy

• Credit Crush Assignment

• Debt Payment Strategy

• Post-graduation Plans

Asset Allocation

• Learnings

• Application in Financial Plan

• Future 401k Allocation

• Impact on Probability of Success

Tax Allocation

• Learnings

• Post-graduation Plans

• Roth IRA Funding

Holdings

• Selection

• Differences between Holding, Asset Class, Account Type, and Investment Type

Retirement Analysis

• Elements Impacting Probability of Success

• Excess Money Management

Cash Flow Summary

• Analysis and Questions

Net Worth

• Analysis and Questions

Invested Assets

• Analysis and Questions

Accounts

• Analysis and Questions

Insurance

• Coverage Added

• Future Plans

• Reasoning

Profile Review

• Comment on Overall Plan Profile

• Goals

• Income

• Savings

• Expenses

• Family Planning

Final Element: Capstone (Class Collaboration)

• Money Left in Your Plan: Analyze and Explain

• Probability of Success: Address Excessive Money

• Collaboration Screenshot

Submission Reminder 📥

Don’t forget to upload ONE PDF to Canvas!

Hashtags:

#FinancialPlanning #CapstoneReview #PersonalFinance #RetirementPlanning #DebtStrategy #AssetAllocation #TaxPlanning #FinancialGoals #MoneyManagement #JimMunchbach

Thank you for being part of this journey! Let’s build a secure financial future together. 🚀📈