ACHIEVING FINANCIAL GOALS

1. Advisor Firm Logo Here ACHIEVING FINANCIAL GOALS Client logo placeholder Add Rep Name Here

2. TERMS OF USE • By using this presentation, you understand and agree to the following: • You understand that T. Rowe Price does not undertake to give investment advice in a fiduciary capacity by making available this presentation and that T. Rowe Price Associates, Inc. and/or its affiliates (“T. Rowe Price”) may receive revenue from products and services made available by T. Rowe Price, including investment management, servicing, or other fees related to making available and/or servicing certain investments on its recordkeeping platform. • To the extent you modify this presentation you will not attribute this presentation to T. Rowe Price through co-branding or otherwise. • To the extent you provide investment recommendations to clients or prospective clients, you will not attribute any such recommendation(s) to T. Rowe Price. • You are responsible for satisfying all applicable regulatory standards relating to this communication’s use by your firm, including all applicable content, approval, recordkeeping, and filing requirements. • Please insert your data/content where indicated and delete these terms of use and various instructions throughout the PPT before using.

3. This presentation has been prepared by [Add Firm Name Here] for general education and informational purposes only and is not intended to provide legal, tax, or investment advice. This material does not provide fiduciary recommendations concerning investments or investment management; it is not individualized to the needs of any specific benefit plan or retirement investor, nor is it directed to any recipient in connection with a specific investment or investment management decision. Any tax-related discussion contained in this presentation, including any attachments, is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding any tax penalties or (ii) promoting, marketing, or recommending to any other party any transaction or matter addressed herein. Please consult your independent legal counsel and/or professional tax advisor regarding any legal or tax issues raised in this presentation.

4. FINANCIAL GOALS

5. Many planners suggest trying to live on 80 70 % % of your salary while saving for goals.

6. ACHIEVING FINANCIAL GOALS

7. DEFINING A FINANCIAL GOAL What you are saving for? When do you want to buy it? How much will it cost at that time?

8. ACHIEVING A FINANCIAL GOAL Investment strategy How much to save? What account to use?

9. WHICH ACCOUNTS TO USE For retirement and college savings, a tax benefit can be received if the savings are directed to certain qualified accounts.

10. RETIREMENT

11. Please choose this slide (with company match) or the next slide (without company match). Retirement savings: HOW MUCH? 15% INVESTORS SHOULD GET THE FULL MATCH Consider increasing contributions by 2% gradually to build toward a 15% target Assumptions: Individuals have saved (from age 25 to a retirement age of 65) 15% of their annual salary (increased by 3% each year) in a tax-deferred retirement account with a preretirement portfolio consisting of 60% stocks/30% bonds/10% short-term bonds, changing to 40% stocks/40% bonds/20% short-term bonds during retirement. Gross retirement income through age 95 is estimated to equal 75% of preretirement salary, consists of annual retirement account withdrawals of 4% plus estimated Social Security benefits (both beginning at age 65), and is increased by 3% annually for inflation. The savings benchmark analysis is based on results from the T. Rowe Price Retirement Income Calculator, which considers 1,000 market simulations and an 80% simulation success rate using hypothetical age 65 salaries of $70,000, $100,000, and $110,000. That tool’s methodology and assumptions are explained in detail at troweprice.com/ric. Users should consider their own circumstances. Results may not apply to earnings that vary substantially from modeled salaries.

12. Please choose this slide (without company match) or the previous slide (with company match). Retirement savings: HOW MUCH? USE IF NO MATCH 15% Investors should strive to • 6% SAVE AT LEAST Consider increasing contributions by 2% gradually to build toward a 15% target Assumptions: Individuals have saved (from age 25 to a retirement age of 65) 15% of their annual salary (increased by 3% each year) in a tax-deferred retirement account with a preretirement portfolio consisting of 60% stocks/30% bonds/10% short-term bonds, changing to 40% stocks/40% bonds/20% short-term bonds during retirement. Gross retirement income through age 95 is estimated to equal 75% of preretirement salary, consists of annual retirement account withdrawals of 4% plus estimated Social Security benefits (both beginning at age 65), and is increased by 3% annually for inflation. The savings benchmark analysis is based on results from the T. Rowe Price Retirement Income Calculator, which considers 1,000 market simulations and an 80% simulation success rate using hypothetical age 65 salaries of $70,000, $100,000, and $110,000. That tool’s methodology and assumptions are explained in detail at troweprice.com/ric. Users should consider their own circumstances. Results may not apply to earnings that vary substantially from modeled salaries.

13. ASSET ALLOCATION Goal: Provide an appropriate balance between short-term market volatility risk and inflation risk for a particular time horizon.

14. RETIREMENT SAVINGS ALLOCATIONS The allocations above are based on age or time horizon and do not take risk tolerance into account. Years afterGoal Reached Years before Goal Reached GOAL 25 20 15 10 5 5 10 15 20 25 100% 10% 20% 20% 30% 30% 40% 80% 50% 60% 40% 20% STOCKS SHORT TERM BONDS 55% Large-Cap Stock 100% Money Market Securities, Certificates of Deposit, Bank Accounts, and/or Short-Term Bonds 70% Investment-Grade Bond 15% Mid-/Small-Cap Stock 20% International Bond 30% International Stock 10% High Yield Bond

15. ASSET ALLOCATION ASSUMPTIONS The asset allocation models are designed to meet the needs of a hypothetical investor with an assumed age 65 retirement and a withdrawal horizon of 30 years. The model allocations are based upon an analysis that seeks to balance long‐term return potential with anticipated short‐term volatility. The model reflects our view of appropriate levels of trade-off between potential return and short‐term volatility for investors of certain age ranges. The longer the time frame for investing, the higher the allocation is to stocks (and the higher the volatility) versus bonds or cash. Limitations: While the models have been designed with reasonable assumptions and methods, the tool provides hypothetical models only and has certain limitations. • The models do not take into account individual circumstances or preferences, and the model displayed for your age may not align with your accumulation time frame, withdrawal horizon, or view of the appropriate levels of trade-off between potential return and short-term volatility. • Investing consistent with a model allocation does not protect against losses or guarantee future results. Please be sure to take other assets, income, and investments into consideration in reviewing results that do not incorporate that information. Other educational tools may use different assumptions and methods and may yield different outcomes.

16. IMPLEMENTATION Build-your-own portfolio AGE-BASED INVESTMENTS

17. EMERGENCY RESERVES

18. EMERGENCY RESERVES Adequate savings can prevent the need to use credit cards or raid retirement accounts. 3to 6 MONTHS OF EXPENSES 20% OF INCOME Build over time Set aside

19. EMERGENCY RESERVES Adequate savings can prevent the need to use credit cards or raid retirement accounts. 1to 2YEARS Build over time Set aside

20. COLLEGE SAVINGS

21. COLLEGE SAVINGS • Continue saving toward retirement • Consider reducing retirement contributions ONLY if you have a well-funded retirement account • Save for a down payment

22. COLLEGE SAVINGS % of total net costs covered for an average four-year, in-state public university This study is for illustrative purposes only and does not represent the return earned by any single investment option. It assumes an investment return of 6% annually, net of fees. But investment returns will vary and could be higher or lower than in this example. The future cost of college was calculated based on the 2016 total cost for one year of an average four-year, in-state public university education ($21,753) for a family in the third income quartile (annual household income of $65,000 to $108,000 in 2012) after the average amount of grants and scholarships for this group was subtracted. The cost was then inflated by 5.5% annually for 18 years. Sources: For the average college cost, U.S. Department of Education, National Center for Education Statistics, and 2015–2016 National Postsecondary Student Aid Study; and for the college cost inflation rate, the College Board. Child’s Age Monthly Savings Amount “Down payment” or about ½ of savings needed to cover the total cost

23. REGULAR VS TAX-ADVANTAGED ACCOUNTS Please note that the availability of tax or other benefits may be conditioned on meeting certain requirements such as residency, purpose for or timing of distributions, or other factors as applicable. • Tax-Advantaged Account • Contribute money to a 529 • Invest in something • Pay no taxes on any earnings when you withdraw (if you spend the money on qualified educational expenses) • You get to spend the entire balance since you pay no taxes on any earnings • Regular Savings Account • Contribute money to the account • Invest in something • Likely pay taxeson any earnings along the way • Pay taxes on the rest of any earnings when you withdraw • You get to spend what’s left over after paying taxes Many states offer tax benefits for contributions to a 529 plan. That’s just another added bonus.

24. COLLEGE SAVINGS ALLOCATIONS Years afterGoal Reached Years before Goal Reached GOAL 25 20 15 10 5 5 10 15 20 25 20% 100% 10% 30% 20% 30% 40% 80% 50% 60% 40% 20% This chart is age-based only and does not take into account personal risk tolerance.

25. SPECIFIC PURCHASE

26. SPECIFIC PURCHASE ALLOCATIONS The allocations above are based on time horizon and do not take risk tolerance into account. Years before GOAL REACHED Years afterGOAL REACHED 30% 100% 10% 100% 20% 30% 80% 50% 60% 20%

27. MANAGING DEBT

28. MANAGING DEBT If debt payments are prohibiting your ability to save for retirement: Target high-interest debt (credit cards) and accelerate payments Target debt Set a timetable Continue payments

29. MANAGING DEBT If debt payments are prohibiting your ability to save for retirement: Target high interest debt (credit cards) and accelerate payments Set a timetable (for example, one to three years) Target debt Continue payments Set a timetable

30. MANAGING DEBT Economic approach Targethighest-interestcards first and accelerate payments Behavioral approach Tacklelowest balances first and accelerate payments $2,500 $1,000 $500 $200 29% 16% 14% 11% Once a card is paid off, reallocate payments to the next card you plan to tackle

31. MANAGING DEBT If debt payments are prohibiting your ability to save for retirement: Target high interest debt (credit cards) and accelerate payments Set a timetable (for example, one to three years) Continue making regular payments on other kinds of debt, such as student loans and mortgages Once debt is eliminated, consider increasing retirement contributions toward a goal of 15% Target debt Continue payments Set a timetable

32. COMPETING PRIORITIES

33. COMPETING PRIORITIES: CONSIDERATIONS IF POSSIBLE, KEEP SAVING FOR RETIREMENT! • Consider reducing retirement savings to the minimum • Build emergency reserve over one to two years • Consider increasing retirement savings back toward 15% Retirement vs. Emergency Reserve • Consider reducing retirement savings to the minimum • Pay down credit card debt within three years • Consider increasing retirement savings back toward 15% • Retirement vs. Debt • Consider reducing retirement savings to the minimum • First build emergency reserve over one to two years • Then pay down credit card debt within three years • Consider increasing retirement savings back toward 15% • Emergency Reserve vs. Debt • Confirm that you are on track for retirement • If close to recommended benchmarks, consider reducing retirement savings • Contribute toward college down payment • Retirement vs. College Savings

34. MONITOR YOUR ACCOUNT ONLINE • Please add in any graphics you think are appropriate, like images of participant websites or account summaries: • Quickly view and access accounts and balances • Perform transactions • Check in on your progress toward retirement • Research investments • Log in wherever you are, whatever your device (if that is true)

35. GETTING STARTED Add screen images of enrollment/sign-up process to show how easy it is to get started.

36. Save enough for retirement. IT’S YOUR FUTURE we’re here to help.

37. Save enough for retirement IT’S YOUR FUTURE. we’re here to help.

38. Save enough for retirement. IT’S YOUR FUTURE. We’RE HERE TO help

39. Add your logo, telephone number, email/website CYLW0D36W 2/18 201802-232523

40. TO PLAN SPONSORSThis presentation should only be used as a visual presentation for client meetings. This program should not be altered, printed, distributed, or posted for employees to access. TO WEB MEETING ATTENDEESThis web meeting may be recorded and posted for other employees to access. For security reasons, please do not speak or email any personal information during this meeting. For example, you should not give your address, Social Security number, or account information during this web meeting.