This report is provided in your financial professional’s capacity as a registered representative or investment adviser representative of MML Investors Services, LLC (“MMLIS”), Member SIPC. 1295 State Street, Springfield, MA 01111.
IMPORTANT: The projections or other information generated by eMoney regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. Results may vary with each use and over time. Other investments not considered might have characteristics similar or superior to those analyzed in this report.
This report illustrates our analysis of your financial circumstances and goals, based on our understanding of the information you provided and relevant assumptions. The accuracy and completeness of the data you provided impacts the quality of the information presented in, and the usefulness of, the report(s). Because our analysis is based, in part, on a variety of assumptions, the projections have inherent limitations since they do not reflect the impact of material economic and market factors. Over time, assumptions may prove to be inaccurate.
If you have contracted with MMLIS to receive Financial Planning Services, this report offers recommendations and strategies for your consideration that are intended to help you achieve your goals. Otherwise, needs/gaps in your financial situation are merely identified. Additionally, this report may not reflect all holdings or transactions, and it may contain information on assets that are not held at MMLIS.
Implementation of any recommendation included in the financial plan is achieved through a separate relationship with your financial professional. MMLIS is under no obligation to monitor the implementation of any recommendations included in this report, or to monitor your financial or other personal circumstances. MMLIS assumes no liability resulting from your use of this report. You are responsible for making your own financial decisions.
The Monte Carlo analysis that may be part of this presentation does not utilize historical data for specific securities. Rather, it uses the historical data for broad asset classes, such as "Small Cap Stocks" and "Long Term taxable Bonds." Monte Carlo simulations project potential financial outcomes based on a range of possible market-based variables. These simulations provide probabilistic results and illustrate various outcomes to help evaluate the likelihood of achieving your financial goals under different market conditions.
Monte Carlo analysis relies on assumptions such as historical asset class performance, standard deviation (a statistical measure that shows how much a set of values deviate from the average), and correlation (a measure of how different assets move in relation to one another). While these assumptions are used to simulate thousands of potential outcomes, it cannot predict specific market movements or future performance.
Monte Carlo analysis reflects the level of risk and volatility. Carefully consider the high, low and average values to assess your comfort with those results. Keep in mind it is impossible to predict future investment results, and this analysis should be monitored over time. Additional information regarding the Monte Carlo simulation methodology is available through your financial professional.
Recommended Asset Allocation models are supported by an assessment of your risk tolerance through a questionnaire completed by you or as determined through discussion(s) with your financial professional. Asset Allocation analyses should inform your investment decisions only to the extent that you understand the risks associated with any investment or change to your portfolio, including tax consequences. A diversified asset allocation strategy can help manage portfolio risk and volatility, however, there is no certainty that it will enhance overall return. A portfolio allocated according to one of these models neither guarantees a profit nor prevents the possibility of loss.
Our analysis is based on assumptions about model portfolios and their growth rates. These assumptions are based on widely recognized market indexes, including the S&P 500, Russell 2500, MSCI EAFE Index, and Barclays U.S., among others. Indexes are unmanaged, are not available for direct investment and are not indicative of the performance of any particular investment. The index information is updated periodically, and the model portfolio growth rates may change over time as the index change. Past performance does not guarantee future results.
The assumptions reflect rates of return (The average annual return for the number of years shown), mean rates (Simple average, equal to the sum of all values divided by the number of values), and standard deviation over a set period, generally spanning 20 years. In addition, inflation rates, as well as tax considerations are factored into the models. These assumptions may also include projections for income, estate, and inheritance taxes, as well as gifting and retirement planning, which are calculated based on current tax regulations and personal financial situations. If you would like the rates and assumptions utilized for this report, you can request them from your financial professional.
Investment returns used in our analysis do not reflect the deduction of any fees or commissions. Fees, charges or expenses you may pay for products are typically not factored into projected values and/or rates of return. Deduction of such fee and charges will result in a lower rate of return.
MMLIS, its agents, and representatives may not give legal or tax advice, and this document should not be construed as such. You should consult your personal legal, tax and accounting advisors, as appropriate.
Values shown in this report were obtained from sources we consider reliable but are not guaranteed. Our report is provided for your information only and is not intended to replace your official account statements, tax documents, or other account documentation from the sponsor/custodian. Always refer to your official account documents to compile a complete and accurate inventory of your accounts. You are strongly encouraged to compare your official account statements against the values shown in the report(s). If there is any discrepancy, you should rely on your official account statement(s) as the most accurate source of information. Assets shown in the report(s) may not be covered by SIPC.