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Week 10 Asset Allocation and Capstone Review

Week 10 Asset Allocation and Capstone Review along with a quick Retirement Calculator and your Probability of Success in RightCapital

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Week 10 Asset Allocation and Capstone Review

Retirement Planning Probability of Success

Retirement planning is designed to answer the question “how much”.

How Much Will it Cost to Retire?

  • How Much income will you have in retirement?

  • How Much income will you need to generate for retirement?

  • How Much do you need to save each month?

  • How Much will you spend each month before you retire?

  • How Much will you spend each month after you retire?

  • How Much return should you expect from your investments before you retire?

  • How Much return should you expect from your investments after you retire?

  • How Much investment risk do you want?

  • How Much investment risk do you have?

  • How Much investment risk do you need?

How to use a retirement calculator

You Can Use any Retirement Calculator you like, just google Retirement Calculator.

First, enter your current age, income, savings balance and how much you save toward retirement on a monthly basis. That’s enough information to get an overview of where you stand today. Be sure to use accurate data in the retirement calculator.

Retirement Calculators allow you to add specific Social Security options, adjust your spending level in retirement, change expected retirement age and much, much more.

Comparing Retirement Calculator Results

You can easily adjust the inputs on your Retirement Calculator to see how various choices, like saving more money or planning to retire later, might impact your retirement calculations – and your goals for retirement.

You can also use any Retirement Calculator you like. Compare the Retirement Calculator results with your financial plan.

If your BayRock plan says you have $117,000,000 available at the end of your plan, and your Retirement Calculator says you run out of money at age 53, guess what… You have something wrong in your BayRock plan.

 

Dave Ramsey’s 7 Baby Steps

🔷 Save $1,000 for Your Starter Emergency Fund

🔷 Pay Off All Debt (Except the House) Using the Debt Snowball

🔷 Save 3–6 Months of Expenses in a Fully Funded Emergency Fund

🔷 Invest 15% of Your Household Income for Retirement

🔷 Save for Your Children’s College Fund

🔷 Pay Off Your Home Early

🔷 Build Wealth and Give Generously

 


Step 1: Save $1,000 for Your Starter Emergency Fund

Build a small buffer for unexpected expenses

Stop relying on credit cards for emergencies

Focus all extra income toward this goal quickly

 

Step 2: Pay Off All Debt (Except the House) Using the Debt Snowball

List debts smallest to largest (regardless of interest rate)

Attack the smallest debt with intensity while making minimum payments on the rest

Gain momentum and motivation with every win

 

Step 3: Save 3–6 Months of Expenses in a Fully Funded Emergency Fund

Build long-term financial security

Prepare for job loss, major repairs, or unexpected medical bills

Peace of mind knowing you’re ready for life’s surprises

 

Step 4: Invest 15% of Your Household Income for Retirement

Use Roth IRAs and pre-tax retirement plans like 401(k)s

Take advantage of employer matches

Grow wealth for your future

 

Step 5: Save for Your Children’s College Fund

Use tax-advantaged accounts like ESAs or 529 plans

Avoid student loans and set your kids up for success

Teach them financial wisdom through your example

 

Step 6: Pay Off Your Home Early

Make extra payments on your mortgage

Become completely debt-free

Increase financial freedom and flexibility

 

Step 7: Build Wealth and Give Generously

Continue investing and growing your wealth

Live and give like no one else

Create a legacy of generosity, impact, and freedom

 


 

✅ Why The Snowball Method Works:

Simple, step-by-step strategy

Behavior-focused over math-focused

Motivates action through small wins

Builds strong financial habits

 

“Live like no one else now, so later you can live and give like no one else.” – Dave Ramsey

 

Capstone Review 50 Points

Understanding the elements of your financial plan will help you prepare for your Capstone Assignment. In order to get all 50 points for this week’s assignment, you will need to include the following elements.

Last Week, You Added Ten Years to Your Age

This Week, Add Ten Years of 401k Contributions to Your Plan

  • Remember your dream job, how much do you expect to be paid annually?

  • How much will you contribute to your 401k at this job?

  • How much will your employer match in this 401k plan?

  • What is the total amount of contributions each year (including company match)?

  • Your 401k Account should include 10 years of contributions along with some growth based on your Asset Allocation (see below)

Retirement Analysis Screenshots

The detailed retirement analysis tool will help you determine whether you are on track for a successful retirement. Monte Carlo simulations, stress tests, and viewing specific scenarios can help you evaluate your retirement plan and see the impact of potential changes.

Moving The Needle

  • Probability of Success – Before Asset Allocation

  • Probability of Success – After Asset Allocation

  • Action Items – Shows an Overview of Your Changes

Action Items

 

Profile Screenshots

  • Profile/Net Worth/Investment Accounts

Investment

  • Profile/Goals

  • Profile/Income

  • Profile/Savings

  • Profile/Expenses

  • Profile/Family

Asset Allocation Screenshots

In order to determine whether your assets are properly allocated, it is necessary to link all of your investment accounts here. Doing so will allow you to obtain a more accurate showing of how any of your allocations across cash, stocks, fixed income, and / or other financial vehicles relate to one another.

Investment-Asset Allocation

  • Asset Allocation Before Making Changes

  • Asset Allocation After Making Changes

    • Asset Allocation – Summary

    • Asset Allocation – Detail

Asset Allocation-Billy

Other Screenshots from Your Profile

Remember to save this week’s assignment, this is the basis for your Capstone Assignment (worth 200 points!).

  • Profile/Goals

  • Profile/Income

  • Profile/Savings

  • Profile/Expenses

Screenshots Data Cards from Dashboard

  • Dashboard/Balance Sheet

    • Dashboard/Balance Sheet/Current

    • Dashboard/Balance Sheet/Details

  • Dashboard/Liquidity

  • Dashboard/Budget

  • Dashboard/Debt

Retirement Calculator Screenshot

Include a screenshot from the Retirement Calculator and then be sure to comment as instructed below.

Include a short summary (150 – 400 words) to highlight:

  • What you learned in this week’s assignment

  • How did your Retirement Calculator compare with your financial plan?

  • Questions you have regarding your plan

  • Over $5,000,000 in your plan? Be sure to tell me why you have so much left at the end of your plan. If you missed the announcement in class, be sure to add 10 years to your age as well.

  • How will you use this week’s assignment to prepare for your Capstone

Class Collaboration:

In addition to the class collaboration item listed below, be sure to include a screenshot for this week’s class collaboration component(s) as outlined in this week’s Zoom Meeting.

Side by Side Screenshot

Include a side by side Screenshot (or two screenshots if its easier for you): Retirement Calculator Screenshot and Retirement Analysis (you can find the

Retirement Analysis tab in your BayRock RightCapital Plan)

 

Session 10 Quiz (Screenshot)

Weekly Zoom Meeting

This Week’s Zoom Meeting includes a secret screenshot that is part of this week’s class collaboration.

In addition to the other topics that are open for you to discuss in this week’s assignment, be sure to include this week’s Secret Class Collaboration Screenshot! If you’re missing this week’s Secret Screenshot, you should expect a 15 Point Deduction.

As always, this week’s Zoom Meeting is posted to this semester’s YouTube Playlist: UHPlaylist.com

Include One PDF File with all Screenshots Please.

This week’s Video Description

📊 Week 10: Asset Allocation & Capstone Review
This week in Money Study Group, we’re focusing on two critical areas:

✅ Asset Allocation – Understand your risk, return, and how to align investments with your goals.
🧾 Capstone Review – Finalize your financial plan with screenshots, summaries, and retirement analysis.

💡 We’re answering the big question: “How Much?”
• 💰 To retire comfortably
• 💸 To save monthly
• 📈 To invest wisely
• ⚖️ To manage risk

🧮 Try any Retirement Calculator and compare it to your BayRock Plan. Spot the gaps. Fix the plan. Build confidence.

📚 Plus, a quick review of Dave Ramsey’s 7 Baby Steps and why the 💥 Debt Snowball 💥 still works.

📸 Final reminder: Submit your Retirement Calculator, Asset Allocation, and RightCapital screenshots to complete the Capstone Assignment (worth 200 points!).

🎥 Zoom Replay + Full Lesson: https://missionalmoney.com/assignment/week-10-asset-allocation-and-capstone-review/

#FinancialPlanning #AssetAllocation #CapstoneProject #StudentSuccess #RetirementPlanning #MoneyStudyGroup #UHFinance #BayRockFinancial #RightCapital #DaveRamsey #SaveMoney #BuildWealth #UHPlaylist

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IMPORTANT DISCLOSURE:

Investment Advice and Financial Planning are offered through BayRock Financial, L.L.C., a Registered Investment Advisor. BayRock does not provide tax or legal advice. The information presented here is not specific to any individual’s personal financial circumstances. To the extent that this material concerns tax matters or legal issues, it is not intended to be used, and cannot be used, by any investor or taxpayer for the purpose of avoiding penalties that may be imposed by law. Each investor should seek independent advice from a tax professional based on his or her individual circumstances. All content from MissionalMoney.com and SaltyAdvisors.com is provided for general information and educational purposes only. This content is based on publicly available information from sources believed to be reliable. Neither Missional Money nor BayRock Financial, L.L.C. can assure the accuracy or completeness of these materials and this information can change at any time and without notice. Use this material only as general guide to further discussion with your Certified Financial Planner™ professional and/or other Financial Advisor(s).

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