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1. 1 College Start Age Accept the default age 18 2 Years in College Accept the default 4 years 3 Click Add College College Plans for Martina 4 College Start Age Accept the default age 18 Enter college planning information 5 Years in College Accept the default 4 years Martina College start age 6 Click Add ieee aaa a 7 Click Finish ons You ve now completed all of the basics needed to create the Campbell s client file and to construct their basic planning timeline The plan creation wizard will close and the basic plan opened VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document The Planning Timeline Wvoyan The planning timeline will display This basic timeline for John and Julia will show the start year and their planned retirements both positioned at age 60 This timeline was devised as you entered the Campbell s planning basics a few moments ago College start and end events indicate when the Campbell children Alex and Martina plan to begin and end their college careers or at least their time in college that might be funded by their parents s Timeline Add life events and stages such as weddings college buying a home and starting a business Cli
2. section of the alphabetical list sles Mary axe Public Expense Name This field will be populated automatically with the Type Private Proprietary Either Instituton name of the selected college 5 Tuition Select Private City Annapolis MD lee Private 6 Room amp Board Select On Campus PENEN On Campus e Required Fees Required fees books and supplies transportation and other expenses ane Books amp Supplies will be displayed automatically ei Transportation Total At time of writing these estimated annual expenses were Other shown to be 44 156 Use this estimate or enter an alternative amount Additional Estimated Expenses in the following field Total Annual Amount to be Paid i 7 Annual Amount to be Paid Enter 44 156 This is the annual Inflation amount in today s dollars that will be used as a future college expense Inflation 8 Expand the Inflation panel 9 Inflation Rate Enter 7 10 Amount Entered As Accept the default Present Value VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant 11 Time Go to the Time panel located on the right side of the screen Selections on th
3. 71 66 Age 62 H 73 70 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document Yr 2034 E Net Worth 3 014 641 Total Debts B Secured Unsecured B Total Assets Non Liquid Invesiment Assets 3 014 641 949 581 2 065 060 Detailed Info Chart Controls Retirement 75 v7 7g 31 83 85 87 89 ries 74 76 78 80 62 84 86 88 Real Money Edit Time S What ff Voyant Inc 201 J ob Well Done Now Save Your Work voyant Congratulations You have completed your first client case file in Voyant Advisor Now save your changes 1 Click the Client Save button in the top left corner of the screen voyant Client New Open Save 2 Whatlf Manage pms 2 The Save dialog will display Comments are optional Click the Save button save Client Campbell John Comments Test Plan for The Campbells Adding Comments to Versions Comments are optional but may be useful later after having worked through several iterations of the plan with your client Comments might include what was entered or updated in an iteration of the client case file These comments are displayed when viewing the version history of a client file The version history of a client case can be viewed by clicking Manage Plans in the top left corner of the screen The P
4. 100 000 ty Customer Service N My Account sare 60 000 40 000 aE 20 000 i A AL A AOL eo T iE Tee Dee r STAGES Retirement AGES 39 4 43 45 47 49 51 53 55 57 59 61 63 65 67 69 71 73 75 ey He 31 83 85 87 59 36 38 40 42 44 46 48 50 52 54 56 58 60 62 64 66 68 70 72 74 76 78 60 62 64 86 86 Preferences Help Single Chart Dual Chart Compare Plans Simulations Real Money Edit Time What If These results are based on a SPSS SAEs Cash Flow y Expenses Shortfall Social Security regarding the cient and v Detailed Contribution Shortfall Employment investment returns and are therefore subject to a num Select None a Retirement Savings ber of risks and uncertainties that could cause actual results to differ materialy from the assumptions VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial l Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant The chart details panel will display The tabs across the top of this panel are clickable Base Plan Year 2032 Age 60 Cash Flow Investments Retirement Property Debts Insurance Owner s Value mount Change Category Medicare Tax on Nurse Federal Income Tax on Nurse Social Security Tax on Nurse Contribution to Julia s 403b Total Previous Year Diffe
5. Voyant Advisor INTRODUCTORY TUTORIAL Getting Started Build Your First Client Case Tutorial 1 voyant Table of Contents Introduction About This Guide and the Voyant Advisor Introductory Tutorials cccccccsccccssscccssees I Questions ASS tance asina a aee rA aA CARRERE NE ERE Before Beginning Have You Installed Voyant Advisor cccccccssscccssssccccsssscccssscccccsssccccesssccccsscscsscescees 2 Browser Specitic Installation Tip S ssciiasisisascsseitnmenensissessensperitieei annie 3 PME STS GI UO rra N E E EEN E E A 3 PES ZAM RI O ena e A E E E E E A E E E E 3 Gao E C N e EE E A ee 4 Getting Started Launch Yoyant AGVISOM sserissorissssseciseresturirroroi nerin seent rrr e eh b ester rincsseatesaesni asian aie 5 Use Voyant Advisor Offline Set Up Offline Synchronisation Choose an Offline Passcode sssseoes 6 Enter an MO long cice c seen ene ee Re ne ee eRe er ee E S E E E re eee en 6 Preferences Activate Offline Mode Anytime After Installation Update Your Offline Passcode ee eeeeeeeeeees 7 Create a New Client Case File The Open Client Record Dialog cccccsccccssccccssscccscccccscccccscccccsccsees 8 Enter the Basics cccessicecccssisiasscscinsecessdaesinsessasecevsnontisckvencoeusnstevdeetes densa siecene shseacesoisandeesbencaasenpbonseuanmdesesusendssssseceoanbaduse 9 ee ele ae 0 D i e vee em A A E OAA A E AA eee ee ee eee ee 9 Clients
6. to include the associated real money charts for the selected reports Personal Data Plan Overview Mi Net Worth Cash Flow Details Debts iset Detailed W Liquid Assets Detailed i Indude Real Money Charts E Select All VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant 3 PDF Word and Excel and file formats can be selected individually or all reports can be output in all three formats Create Report Files POF Word Excel 4 Of these three file formats select in the Open Report File drop down list the one in which the report will be opened for viewing once generated 5 You may set the software to automatically Open the Reports Output Directory once a report has been generated When selected the software will display the output directory and its contents making it easy to attach reports to an e mail or select and insert charts and graphs into a presentation Open Report Output Folder ves No 6 Click Generate to create the report The reports will be created and saved to your computer VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged c
7. Inc Use of this information is solely for the recipient of this document iwoyant Estate Plans a Reports Print PDF Word and Excel Format Reports All of the Let s See charts overviews and account specific transactions from the Campbell s plan can be output into reports with the click of a button P Overview Reports h 1 To generate reports go to the Reports screen E W Customer Service Voyant Advisor outputs financial plans in four convenient file formats My Account Word Flexible Microsoft Word format reports can be edited so you can create personalized reports for your clients by adding your own content and supporting information or easily transfer the contents into your firm s templates PDE Fully formatted and browser friendly our Portable Document Format PDF report is an internet standard which can be read or printed on any computer with the free Adobe Acrobat Reader Excel The numbers and other tabular data are available in Microsoft Excel spreadsheets for easy editing and calculations Huu Images Charts and graphs are also conveniently output as individual image files that m can be easily inserted into PowerPoint presentations or other report templates 2 Tick the check boxes of the sections you want to include in the report or tick Select All Choose from the following reports or Select AIF to view all available reports Check Include Real Money Charts
8. John 225 000 People s PE Julia s 403b Q Julia s 403b Julia 45 000 imeline E Employment ata ae lee 45 000 pel POT ad Other Income as Annual Contribution EE or e W College Start Alex Taxable Savings E College Start Martina E College End Alex I College End Martina armsane Ce 100 Tee S HB John s Sports Car John Social Security Advanced E Retirement John Immediate Annuity Growth I Retirement Julia Variable Annuity Asset Allocation Wl Retirement Withdrawal Limits or Draw Down Strategy E Mortality John Step Up Step Down BB Mortality Julia Real Property a Transfers One time Contributions i Mortality Debt f Retirement Savings Employer Match Yes No College Insurance Windfall Events w Taxes Expenses esa P Overview Reports Customer Service My Account Pre Retiremert Retirement Preferences Help VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document alwoyant Advanced Settings Adjusting Growth Rates Edit the Growth Rate of Julia s 403 b Plan Continuing on the Retirement gt Savings screen let s adjust the growth rate of Julia s 403 b plan Her retirement account sh
9. John Julia 430 000 amp Home 525 000 their home and a Home Mortgage payment Home Mortgage payment 36 000 b Whenever a debt is entered into a plan a payment expense is created for it automatically This link can be clicked to jump directly details about the expense which are found on the Expenses gt Basics screen Step Up Step Down The mortgage payment can be edited on the Basics screen if ee Ppa nts nflation ETP tinned ee ai e necessary Future payments could be stepped up for example to sen S y pay ppeaup P s 45000 o plan for future overpayments Payments can be stepped up or I S A D aes i In ial Ar nount ag g down increased or decreased by event or stage using the Basics College End Martina John s Sports Car John Retirement John E Retirement screen s Step Up Step Down feature shown right VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document ivoyant Let s See Track Properties and Debts in the Cash Flow Assets and Debts Charts Let s visit the charts again to check our progress 1 Click the Let s See button in the lower center section of the screen The Let s See charts screen will display showing the Cash Flow
10. Total 7 Room amp Board Select On Campus Annual Amount to be Paid D Inflation Required fees books and supplies transportation and other expenses will be displayed automatically VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant Total At time of writing these estimated annual expenses were shown to be 19 606 Use this estimate or enter an alternative amount in the following field 8 Annual Amount to be Paid Enter 19 606 This is the annual amount in today s dollars that will be used as a future college expense E 9 Expand the Inflation panel 10 Inflation Rate Enter 7 11 Amount Entered As Accept the default Present Value 12 Time Go to the Time panel located on the right side of the screen Selections on this panel will be used to set the time span over which the college expenses will be paid 13 Select a start event Alex s college expenses will begin when he is 18 Indicate this by selecting the College Start Alex event A green dot will appear next to this event indicating that the expense will begin at this point in the timeline 14 Alex s college expenses will continue until he graduates Select College End Alex as
11. client s mortality event and drag it up or down the timeline Moving a mortality event up the timeline should present no problem You may need to pause periodically to allow the timeline to redraw However modeling early mortality is usually best done in what if scenarios using replacement Mortality events see video YOu The timeline can be edited by dragging and dropping events onto it and then repositioning them which will change the timing and duration of items within the plan that are tied to these events For example John and Julia s retirement ages could be changed by moving their Retirement events up or down the timeline Let s leave these events in place for now Future Ages and Years on the Timeline Axis BO Retirement Julia Notice the numbers along the axis of the timeline These are Ss F I I College Start College End John s future ages His ages are shown because he is the owner of the selected event If one were to select an event owned by Julia her future ages would be shown on the axis as pictured left If an event has no owner no owner is selected for the event in the To illustrate how events are added to the timeline and used to schedule items in i Events palette above two digit eon aat h l l ET _ the plan let s drag and drop an event to indicate that during an impending mid future years will instead be life crisis John will purchase a sports ca
12. or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document ivoyant 2 Tick the Detailed checkbox in the chart panel near the bottom of the screen AGES if oe E 36 35 40 42 single Chart Dual Chart Compare Plans Cash Flow a The chart will display in its detailed view showing the sources of the Detailed Campbell s future income Their retirement income is comprised of a combination of retirement savings John s 401 k and Julia s 403 b plans and benefits from Social Security LF Le TEOR T PAUE WEH ee eee ee ee em Base Flan Cash Flow Detailed voyant Tie Hew en Save U Wie Winge Plane DED pie te we People A sme Hak Protile T invent inne 7 Peart Employment Other Ine ano Tansbla Savings alas Retirement Colinge a Io Rea Prepeeny Debt a TRG urine j Wiediall Fvente iiri tih ra z Tenes Poe oF n fae ai apit IFN IAI Pipens mrt D Overview ioe Ei Kaports D Customer enie fi iy Accouns STAGES agm uel 4i 4J ANS ig 3 a 43 Preferences Help I L eal Chart i newe 22h Flew y ond B Daslo Simul Low Capacity D Expenses Storia WR Social Security E cotege Savings fa Ceniribution Strortiall Employment Select Hoos EE Retiremen Savings E Tanabe Savings 3 Click the Select None link located in the chart panel at the bottom of the screen All of the inflow categories wi
13. voyant Timing Events vs Stages The timeline is divided into two stages both bounded by events Events and stages will be used throughout the plan for timing to schedule when expenses account contributions incomes pensions and protection policies are to begin and in some cases end Events can also be used to schedule the liquidation of assets Which is more convenient to use As a rule events are much more flexible than stages since they can be easily moved up or down the timeline to reschedule the timing and duration of items in a plan provided that the event is not being used as stage boundary Stage boundary events are noted with perforated boxes Stages by contrast are discrete periods of time that cannot overlap Stages a better suited for dividing the timeline at a broader level Retirement for example could be divided into two stages Active Retirement and Later Retirement both with very different needs and expenses All said use events primarily Why events and stages Why not enter ages years or dates for timing Stages and especially events provide a layer of abstraction that specific dates and ages do not Items timed using events such as the duration of one s career can be easily adjusted by dragging events up or down the timeline Items can even be rescheduled interactively on the Let s See charts as the plan is discussed with your client Click the Edit Time button and with o
14. 128 College Savings 2 940 000 2 730 000 2 520 000 Detailed Info Chart Controls 2 310 000 i 2 100 000 b 1 890 000 1 680 000 1 470 000 1 260 000 1 050 000 840 000 J 630 000 420 000 aia yy ya aad 5 7 a e T STAGES Retirement 39 41 43 45 47 49 51 53 55 57 59 61 63 65 67 69 71 73 75 cei 79 51 83 85 oF 59 oo 36 38 40 42 44 46 48 50 52 54 56 58 60 62 64 66 68 70 72 74 76 78 80 82 34 86 88 jle t Dual Chart Simulations Real Money Edit Time Historic v What If Assets By Tax Type w Non Liquid Assets W Tax Free WB Detailed i a Qualified E Taxable Tax Deferred E College Savings 10 To view these assets individually tick the Detailed check box located in the chart Dual Chart Assets By Tax Type w panel in the bottom section of the screen The Assets chart will switch to the detailed view Detailed VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document Age 59 4 Yr 2031 rine Base Plan Assets Detailed Total Assets 2 420 091 5 880 000 Alex s Cash 5 670 000 ME John s 401k 1 446 983 sian E John s Cash 5 040 000 MB John s Stock Portfolio 372 705 4 830 000 Julia s 403b 3500 560 m j E uies cast eee Julia s Sav
15. 33 210 Real Property 150 000 Debt Insurance Windfall Events Taxes 120 000 Expenses p 110 000 Detailed Info Chart Controls a eer P Overview 90 000 Reports 80 000 T Customer Service ae My Account 60 000 m 50 000 m 40 000 30 000 20 000 EEEa 10 000 f f STAGES Pre Retrement Retiremeri 39 41 43 45 47 49 51 53 55 57 59 61 63 65 67 69 71 73 75 77 79 31 83 85 oF 59 36 38 40 42 44 46 46 50 52 54 56 58 60 62 64 66 66 70 Cis 74 76 78 80 62 64 86 36 Preferences Help Dual Chart Simulations Loss Capacity Snati These results are based on a EH S y Taxes a Other number of assumptions regarding the cient and i Basics investment returns and are therefore subject to a num O College ber of risks and uncertainties that could cause actual results AGES to differ materially from the assumptions SSS EEEEEEEEaeaeaeeeOS mr5 0weres ss lt s a eee Oe VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant Taxes Before entering the Campbell s expenses let s set the tax rates on their incomes and Windfall Events investments The average effective fe
16. 4 5 and a minimum monthly payment of 3 000 1 Expand the Debts panel 2 Select Debt Leave the default New Debt selected 3 Name Enter Home Mortgage 4 Balance Enter 430 000 the current balance of the Campbell s mortgage 5 Annual Payment Enter 36 000 6 Interest Rate Enter 4 5 the current interest rate on the mortgage 7 Click the Add button at the bottom of the Debts panel Check the Select Debt drop down Notice that the Home Mortgage now appears in this list with a link icon beside it indicating that the debt is linked to the property D Details D Liquidation E Debts Name Home Mortgage Balance 430 000 D incomes D Expenses Select Debt amp Home Mortgage Multiple mortgages could be entered and linked to a property if necessary VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document Had the mortgage already been entered into the plan by entering it directly on the Debts screen it would appear in the list and could be selected and linked to the property This payment amount can be adjusted later by increasing or decreasing the loan payment expense which is created automatically by the software whenever a debt is e
17. Indicate this by selecting the Start event A green dot will appear next to this event indicating that contributions will begin E Start in the first year of the plan I College Start Alex E College Start Martina 13 John will continue to make contributions until he retires Select Retirement BB College End Alex John as the end event A red dot will appear next to this event indicating that E _ End Martina contributions to the portfolio will end when John retires I John s Sports Car John i Retirement John 14 Click Add b Retirement Julia Retirement John 2032 Age 60 John s investment account will be shown in the ledger on the right side of the screen displaying the initial value of the portfolio at the beginning of the plan Julia s Savings Julia 15 000 i a oo To t H N AL J is a VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document ivwoyant Let s See Track Savings and Investments in the Cash Flow and Assets Charts Let s revisit the charts to check our progress 1 Click the Let s See button in the lower Next center section of the screen h See your plan on the chart The Let s See charts screen will display showing the Ca
18. John and Julia Campbell n nennenenseseseosesessesessesesessesessesesessesessesesessesesseseseosesesseseoseseoseseseosenesseseseosesessesessosesessesessesesesses 10 The Plannine TMe lNE sirr E I3 Preferences A Quick Check for Matching Default Settings cccccccssccccsssscccssssccccsssccccssssccccsssesseeees 17 An Important Note About the Numbers scsssscsssssssscssssssssssssesssssssacsssssssensscensscessacsssacacossacssensscensscensacessaceseaseceasecensaces 18 Employment MECON escasses nae essar asas aaa aaea anaa aa rea 19 Jonn SFM AI secon cdg ce cen E E 19 Retirement Savings John s 401 k Plan sssssssssssssssssssssssssssssssssssssssssssesssssssssssesesesesesessesesessseseseseseseseseseseseseseseacseseaeaeees 20 Jala NE OMO eee E E E E A E 22 Retirement Savings Julia s 403 b Plan sssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssesssssessseseseseseseseseseseseseseaeaeees 23 a a E A E A O E O sauce E A A ER A OI O T I ones E T E 24 Use Link Icons to Jump to Linked Items on Other ScreenS e seesessesessssesssresessesesssresessesessssesesseseseosesessesessoseesesessosesees 24 VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document
19. OCient Hew ioen Save WT Mane Fea 280 000 Propht Risk Profile FRE 000 Timeline aioec00 Eo ginyment Oi hes bacon Taxable Savings eaten Aerien er iolege TIERE Heal Property Deeb 240 000 GEITE GET Windfall Events Tam 2PpecOsah argv L LJ Dapieraies acs so Ll f E Greersiew E Epor e a Servico Di My Account ee a 5 7 a0 AS m a ak Primencss Help Basy Ghal usl Ghat Compa Pani Simulations Low Capacity Tega ampla am bape on DUE E ma Al nioe The chart is also no longer the sea of blue that it once was when viewed earlier An ominous red shortfall has also crept into their long term planning horizon near the end of the planning timeline Based on the Campbell s current and planned income savings and investments and spending habits they will not have enough Total Expenses 445 099 All Inflows 9263 470 Expenses Shortfall 61 623 To Savings Unallocated in liquid assets to cover all of their future expenses A shortfall is also probable in the near term Based on their current and scheduled college savings together with the schools we chose for Alex and Martina to attend John and Julia will not be saving enough to pay for Detailed Info Chart Controls their children s future college expenses VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial l Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential
20. Source Name Kile Annual Income 0 000 3 Annual Income Enter 55 000 Julia s gross annual salary 4 Time Check the Time panel which sets the period over which the income will be earned The start event shown with a green dot and end event shown with red dot are selected by default indicating that this salary will be earned from the beginning of the plan until Sarah s planned retirement at 60 Accept these I College Start Alex default selections for now E College Start Martina ME College End Alex The line graph at the bottom of the screen will adjust presenting a general illustration Wi College End Martina of how the income will grow and when it will end MM John s Sports Car John E Retirement John Retirement Julia WW Retirement Retirement Julia 2035 Age 60 VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant Retirement Savings Julia s 403 b Plan Julia makes regular contributions from her salary into a 403 b plan These contributions are matched by her employer Julia plans to contribute 8 of her income annually Her employer in turn matches 100 of her contributions Her employer will match up to a maximum of 8 of her ann
21. a E 53 College Expe ES r 53 Alex s College Expenses In State Unive rsity cccsssssssssssssssssesescscscsesesesesesesescsesesesesesesescsescseseseseseseseseseseeeseeseeeseseeeeeseeees 53 Martina s College Expenses Private College uu ccccssssssssssssesescscscsesescsescsesesesesesescsesessscsesescscscscscsesesesesescscsesescseseeeeeeeseseeses 55 College Savini Sss aa EEr E at 57 Alex s 527 College Savings Plani rissranicnrinii na a raaa aae ro aea Taar a a iiaa 57 Martina s 529 College Savings Plann csssssssssssssssssssssssscscssssssssssssssssssesesescsssesssssssssscsesssesesessssesesesesesesesesesescseseseseseasacassesesececes 58 Let s See Track College Savings and Expenses in the Cash Flow Assets and Expenses Charts 59 WAKES E EI O O E E I E E E T T E T 65 lomis Ti SS E E E 65 Paa Ta E aa E E E E E 66 VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant DA e N E E E A E E A E E T Basie EXPENSES a E E E EN 67 Lore EDON E S ane E EEA EEE EE EE E A A E S 69 hi Feo ihe oral E ADONS OS gen ee E EE EEA 7 Let s See View Future Expenses and Plan Results in the Charts sssecccsssseecosssscecosssccccsssecocsssseecosssseesos 1B Job W
22. much like a desktop application although it really isn t one strictly speaking The software is actually Rich Internet Application RIA Once you have installed Voyant Advisor there is no need to log into our website to run it In fact doing so will reinstall the software Reinstallation can be convenient if you ever have problems launching it but this is usually unnecessary 1 Open Voyant Advisor by clicking the User Names Passwords and Login Assistance desktop link If you are using a Windows computer an additional link to Voyant Advisorisavailable in the Start menas ee oydnit b These are the same credentials you chose advisor All Programs gt Voyant Advisor when registering on our website www planwithvoyant com If you are unable to recall your credentials click Password Help to use our website s user name and password assistance tools Username jimthormpson Password secceessesees Password ty New User Remember me Login Cancel Contact Voyant Support support planwithvoyant com if after using these tools you are still unable to sign or if you are encountering any problems connecting to the Voyant server Connection Settings Each time you open Voyant Advisor the software will synchronize with our servers loading the latest saved versions of your client files After signing in a brief series of one to three interstitial screens may display showing the number of days lef
23. on this panel are used to set the time span over which the home will be owned and schedules the eventual sale or distribution of the property through the last surviving owner s estate Time Ownership and Liquidation Checkmarks on the panel s Using Events Stage tab will show the Pre The Event tab could be selected instead Retirement and Retirement and different start or end events could events as selected These default be selected to purchase or sell the home selections assume that the home at different points during the planning is owned at the beginning of the plan and will be held until the very ea timeline end of the planning timeline and liquidated at the last mortality event 9 Leave these default selections in place VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant The line graph at the bottom of the screen will adjust presenting the general growth trajectory of the home This is a general illustration that shows the appreciation of the home and its scheduled liquidation Linked Debts Enter the Campbell s Mortgage Next let s enter the mortgage that the Campbell s have on their home They currently owe 430 000 on this note which has an interest rate of
24. or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant Julia s savings account will be shown in the ledger on the right side of the screen indicating the initial balance on deposit at the beginning of the plan Guide Me Community Default Cash Accounts Alex s Cash Alex Notice the cash accounts on the Savings screen Julia s Cash for example The Martina s Cash Martina D g plan shows will show cash accounts for John Julia Alex and Martina each with an initial balance of zero These are special default cash accounts created by the software These accounts are used to deposit surplus income and credits based on the earner owner that are not otherwise being spent deposited into savings invested or contributed to retirement plans VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant Investments Other Income John likes to play the market His stock portfolio is currently valued at 25 000 He plans to Taxable Savings make additional investments of at least 6 000 per annum into this portfolio until he retires Retirement College Let s continue with our entries on the Taxable Sa
25. our introductory tutorial for Voyant Advisor If you are eager to continue more can be learned about the software using the guides and tutorials found on our tutorials page Instructional videos are also available on our Voyant YouTube channel Also visit our online forum to post questions and view advice given to other users Other resources including user tips and a link to the Voyant Fact Find can be found on our website s support page And please feel free to contact the Voyant Support Team at support planwithvoyant com if you need further assistance VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document
26. s first year at the University of Texas 8 Click the Expenses tab of the chart details panel Here you will find Alex s college expenses those we estimated and entered a few moments ago on the College gt Expenses screen These expense have been inflated annually at 7 a setting you can easily adjust if necessary on that screen s Inflation panel Base Plan Cash Flow Detailed Base Plan Year 2018 Age 46 Cash Flow Investments Retirement Property Debts Insurance Unfulfilked Name Owners Value a Change Category Home Mortgage payment John Julia 36 000 WW Basics Univ of Texas at Austin Alex 31 483 College Tax on Julia s Savings 63 40 42 9 Click the Simple link to close the chart details panel and return to the chart ual Dart legend Dual Chart Contribution Sf 10 Deselect the Detailed checkbox in the chart panel near the bottom of the screen Assets By Tax Type m 11 Click the chart selection menu in the lower left Assets By Tax Type Select None section of the charts panel located at the bottom of the screen Select Assets By Tax Type VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document lvo
27. shown in the Other category b Base Plan Year 2026 Age 54 Cash Flow Investments Retirement Property Debts Insurance Owners Value sera Change Category Home Mortgage payment John Julia 36 000 E Basics General Living Expenses John Julia 112 967 W Basics Vacations John Julia 17 200 Leisure Tax on Julia s Savings 5 Medicare Tax on Christie Kiel John 2 824 Federal Tax on Christie John 340 458 social Security Tax on Christie 11 154 Medicare Tax on Nurse 1 242 Federal Income Tax on Nurse 13 402 Jal Security Tax on Nurse 5 313 Contribution to John s 401k 15 500 ah Taxes WW Taxes B Taxes W Taxes B Taxes B Taxes Taxes VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document Expenses are also tracked separately from inflows in the Expenses chart 11 Click the chart selection menu in the left section of the charts panel located near the Cash Flow bottom of the screen Cash Flow 12 Select Expenses The Expenses chart will be shown tracking expenses by category B Taxes Base Plan Expenses Basics voyant Wilestones Cliente NEWTOPERNSAVE 6345 000 i College 4 Whatlf Manage Plans me Leisure Pe
28. t installed software on your computer already now is the time to install it 1 Torun the software your computer must also be running Java 6 Update 14 or later Java can be downloaded and installed free of charge from the Java website http java com 2 To run a quick check of your computer for Java visit the Java website and click the Do I have Java link Using Voyant Advisor on Mac OS X Mac operating systems use a separate version of Java provided by Apple If you are checking for the installation of Java on a Mac computer you may be directed to use the Software Update feature on the Apple menu Additional details are available on both the Java website and the Apple Support website 3 Visit the Voyant website www planwithvoyant com 4 Sign in and install Voyant Advisor by clicking the Plan Now button Alternatively click the Plan link in the top navigation VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant Browser Specific Installation Tips Internet Explorer Depending on your browser s security settings Internet Explorer may initially block the installation of Voyant Advisor A security warning will display beneath the navigation tabs of the browser Click
29. that is most meaningful to you and your client Any expenses income amounts and accounts balances that you enter should be relevant to the selected start date A video explaining start dates and how to later update client files during regular client reviews can be viewed on the Voyant YouTube channel You VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial l Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant Clients John and Julia Campbell Enter the details about the Campbell family The name of the first client you enter will appear later as the name of the client case file About You John Campbell 1 First Name Last Name Enter John Campbell Enter information about yourself 2 Gender Select Male Fist Name 3 Date of Birth Enter 07 11 1972 John s current age will be Lest Ne Campbel 0 i hell displayed Gender Male Female Date of Birth 7 11 1972 idd 4 John and Julia are married Select Married i EE 1 1972 a Current Age 39 5 Click Update amp Next Are you 9 Single Julia Campbell Populating the People Panel f iei i As you make these entries notice how 1 First Name Last Name Enter Julia Campbell 2 they are being used to populate the 2 Date of Birth Enter
30. the end event A red dot will appear next to this event indicating that the expenses will end in four years when Alex is 22 The expense will end at the beginning of this year I Start 15 Click Add E College Start Alex E College Start Martina Alex s college expenses for the University of Texas at Austin will be shown in IH College End Alex the ledger on the right side of the screen displaying the present annual amount E College End Martina of the expense College End Alex 2022 Age 22 Guide Me Community VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document alvoyant Martina s College Expenses Private College 1 People Go to People panel located on the right side of the screen and select Martina as the owner of the college expense A check mark will appear next to her name Let s assume that Martina has a strong predilection for the liberal arts and will be attending the St John s College in Maryland 2 Location Select Maryland 3 Type Select Private Proprietary 4 Institution Click the drop down list and select St John s College aaa lea t John s Coll IME To expedite your search type the first letter S to jump to that sss eld s College MD
31. voyant Advanced Settings Adjusting Growth RateS ssessssscssccsscosssecsscooscosscecssecoscocsscosscossseossesossocssesssecsssossseossseo 25 Edit the Growth Rate of Julia s 403 b Plan sic sicscccscsecsastsvsszcenyecvorsivcevsssibeszatevesanarnsedexorbisensavssoeqassecosdetevessavasattuvessaerenneemneeneastea 25 Edit the Growth Rate of John s 401 k Plan esssssesssssesesesesescscscsesesesesesesesesescsessscsesesesesesesesesesesesssescsescsescseseseeseseeeeeses 26 SOCS N Y a E E E A 27 Johns Social Security Benefit isissmscsieoskrs den a E e araa nE 27 J lia s Social Security Benefit sossarnas E EEEE E ER 28 Let s See Track Future Employment and Retirement Income in the Cash Flow Chart esssssscccosssseeo 29 Se E E E E T E E E E E E E 34 Investments seriinin nner ar EE E EEEE E EEE E EEEE EE 37 Let s See Track Savings and Investments in the Cash Flow and Assets Charts ssssecccsssecccsssseeocsssseeo 39 Propri y FRSSCOS ocu EE E a 44 Linked Debts Enter the Campbell s Mortgage ccccsssssssssssesessscsescsesesesesesescsesesesescsssesssescsescsssesesesesesesesesesescseeeeeeseeeesseses 45 DISD GS A I E A A E E N O E O EO E I A A E A 47 Linked Debt Payment Expenses How to Adjust Future Mortgage Payments sscssssssssseceessseeseceeseceeeseeeeeseceeeeces 47 Let s See Track Properties and Debts in the Cash Flow Assets and Debts Charts sssccecssssecccssseeooo 48 College PEAN n
32. 10 06 1975 Julia s current age will be People panel on the right side of the displayed screen You will later use this panel to identify the ownership of items within 3 Gender Select Female the plan 4 Click Update amp Next Partner Spouse Enter information about your Spouse or partner FestNlame Jule Lestllame Campbel VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant Children John and Julia have two children Alex and Martina Enter their basic details into the plan Alex Campbell Dependants 1 First Name Last Name Enter Alex Campbell Enter information about others to be included in your 2 Gender Select Male plan such as children or grandchildren 3 Date of Birth Enter 04 02 2000 Alex s current age will sag lex o be displayed LastName Campbell Gender Male C Female 4 Relationship Select Child This is the default selection Date of Birth mmjdd yyyy Current Age 11 5 Click Add Relationshan Chid aah Martina Campbell 1 First Name Last Name Enter Martina Campbell 2 Gender Select Female Retirement 3 Date of Birth Enter 08 15 2003 Martina s current age will be displayed Enter retirement planning informat
33. 1K 1 651 248 4 5 Flann Actual Julia s 403B 376 765 4 5 Plann Actual Average Total Growth Rate 4 5 To Name Owner s Value Social Security John S44 645 7 Click the Simple link located at the bottom of the details panel to close the chart details and return to the basic chart legend Back Retirement gt Social Security 8 Click the Back link located in the top left corner of 540 000 F M Base Plan Cash Flow Detailed the charts to return to the Retirement gt Social 520 000 Security screen 500 000 VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant Savings Next let s enter John and Julia s savings and investments Julia has a savings account with funds on deposit of 15 000 She plans to continue making annual contributions of at least 3 500 until she retires She might consider saving more and i Other Income spending less a strategy that we might consider discussing with the Campbells later as we Taxable Savings begin to explore various possibilities in what if planning scenarios Retirement College 1 Select Taxable Savings in the left navigation Real Property 2 People Go to People panel located on the right side
34. 200 000 T b gt Expenses 180 000 Lot s Seo Kiii MTree ae P Overview jt Reports 120 000 S Customer Service N My Account wel 80 000 60 000 pi 40 000 j 20 000 es Mee 0 STAGES Retirement AGES 39 41 43 45 47 49 51 53 55 Sf 59 61 63 65 67 69 71 io 75 ty 79 81 83 85 oF 89 36 38 40 42 44 46 48 50 52 54 56 58 60 62 64 66 68 70 72 74 76 78 80 82 84 86 88 Preferences Help Single Chart DualChart Compare Plans Simulations Loss Capacity Real Money Edit Time Historic v What If These results are based on a R z SPL Pee Cash Flow v Expenses Shortfall Social Security regarding the client and Detailed Contribution Shortfall Employment investment returns and are therefore subject to a num Select None m Retirement Savings ber of risks and uncertainties that could cause actual results E College Savings to differ materialy from the assumptions Ea _ VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial l Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant 3 Click on the bar year of the chart when John will be 45 and Julia 42 2017 the year prior to Alex s start at university The chart legend will display E All inflows 214 929 E Expenses Shortfall So
35. 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant With offline mode enabled you will be prompted to enter a passcode whenever the software detects that an internet A E connection is unavailable This passcode will allow you to To continue in Offline Mode please enter your log into the software and access client files locally when the ffin Pasar iade bela Voyant server cannot be reached Username jtreehorni Note Voyant Advisor can be used offline for a maximum Offline Passcode of seven consecutive days after which you will be required to sign into the software online so that your license can be Retny validated with the Voyant servers Preferences Activate Offline Mode Anytime After Installation Update Your Offline Passcode To view and update settings related to using Voyant offline 1 Click the Preferences link in the lower left corner of the software s navigation My Account Preferences are arranged into a series of expandable panels 2 Expand the Application Preferences panel This panel includes settings to enable or disable offline mode 3 Tick the Enable Offline Mode check box to allow EI ANNE SR le the software to be used when an internet connection is unavailable 4 Enter an Offline Passcode of your choice 5 Reenter the pa
36. 360 000 Detailed info Chart Controls 3 080 000 ey aaa J 2 800 000 P Overview 2 520 000 Reports 2 240 000 B 1 960 000 Customer Service 3 1 680 000 My Account 1 400 000 1 120 000 840 000 560 000 280 000 d F Ji J f f PERERREREREEREBEREERE EI a STAGES Retirement AGES 39 41 43 45 47 49 51 53 55 S7 59 61 63 65 67 69 71 73 795 HA 79 81 83 85 87 59 36 38 40 42 44 46 48 50 52 54 56 58 60 62 64 66 68 70 72 74 76 78 80 82 84 86 88 Preferences Help Dual Chart Simulations Loss Capacity Real Money Edit Time Historic J What ff These results are based on 3 Non Liquid Assets hs Tax Free number of assumptions lt regarding the client and E Qualified EESJG investment returns and are therefore subject to 3 num Tax Deferred E College Savings ber of risks and uncertainties that could cause actual results to differ materially from the assumptions VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document 13 To view these assets individually tick the Detailed check box located in the chart panel in the bottom section of the screen The Assets chart will switch to the detailed view voyant Client New Open Save S What If M
37. 4 Click the Detailed Info link at the bottom of the legend 5 The chart details panel will display Click the Expenses tab The Home Mortgage payment will be listed as a basic expense Base Plan Year 2027 Cash Flow Investments Retirement Property Debts Insurance Name Owners Value A mi Change Category Home Mortgage payment John Julia 36 000 E Basics Tax on Julia s Savings 156 k E Taxes Medicare Tax on Christie Kiel John 2 909 Taxes 6 Click the Property tab The value of the Campbell s home will be shown together with their equity in this property and the end of year balance on their mortgage the debt we linked to the property a few moments ago Base Plan Year 20 Age 55 Cash Flow Expenses Investments Retirement Debts Insurance Home John Julia 796 690 16 051 700 799 7 Click the Debts tab Scheduled and actual payments on the mortgage will be shown together with its end of year balance Base Plan Year 2027 Age 5 Cash Flow Expenses Investments Retirement Property In ASuUrAance S Name Owner s sched Payment Actual Additional End Balance Home Mortgage John Julia 36 000 36 000 50 13 051 Total 36 000 36 000 0 18 051 Previous Year 36 000 36 000 50 01 723 o Difference from Previous Year 65 1 VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary informati
38. 403b Julia 45 000 2 Expand the Growth panel Advanced Growth Growth Rate Options Fixed Growth Growth R Rates vs Asset Allocations Growth rates can be calculated using either a fixed annual rate or by applying market assumptions and standard deviations to allocated assets i e asset allocation O Asset Allocation To calculate the growth of an account using 3 Growth Rate Enter 5 market assumptions and an asset allocation tick the Use Asset Allocation checkbox Market 4 Click Update to save this change assumptions will be used instead of a fixed annual growth rate to calculate the growth of the account Continue down the screen to the next panel Asset Allocation to set this allocation and view the average growth rate derived from the software s market assumptions This panel also shows the upside and downside growth rates used in stochastic simulations VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant Social Security Taxable Savings i Two options are available for adding future Social Security benefits to a plan Future benefits Retirement Ti can be entered using information from your client s Social Security statement if available or Savings t
39. 60 000 40 000 20 000 f i f F f STAGES Pre Retirement AGES 39 41 43 45 47 49 51 53 55 57 59 61 63 65 67 69 71 73 75 Er 79 81 83 85 87 89 36 38 40 42 44 46 48 50 52 54 56 58 60 62 64 66 68 70 T2 74 76 78 80 62 64 86 86 Preferences Single Chart Dual Chart Simulations Edit Time Historic WWwratit s saci ean Cash Flow All Shortfall i Detailed All Inflows The blue bars on this chart represent annual inflows The black line running across the bars is the need line an annual watermark representing a total of expenses taxes and pension contributions together with any planned savings and investments that were fulfilled over the course each planning year When the blue bar surpasses the need line a surplus is forecast for the year VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document Projected shortfalls will later be illustrated in red but for now the chart is a sea of blue because this is a plan in progress We have yet to enter any expenses to weigh against income The only expenses from the outset of the plan are taxes on income The need line is at this point comprised only of taxes and the Campbell s retirement plan contributions Gold markers indicate events from t
40. 60 Retirement Savings Retirement Julia 2035 Julia 60 John s 401k John 225 000 Retirement 2035 Julia s 403b Gulia 45 000 Mortality Gohn 2062 John 90 Retirement Social Security Mortality Gulia 2065 Julia 90 Social Security Gohn 20 236 Mortality 2065 Social Security Julia 15 314 25 000 John Julia 30 000 Initial First Year Values The values shown in the Overview are es generally initial values as of the start of the Christie Kiel Mohn plan Transactional information such as future deposits or withdrawals are to be found in the details of the Let s See charts Each item in the overview is a link which provides quick access to the For example a future unsecured pension item within the plan To view the details of a savings account for that will be funded later in the plan will be example simply click the name of the account or its balance in the shown in the Overview to have an initial Overview to visit the Savings screen where these details can be viewed balance of 0 Future expenses are an and the account edited if necessary exception John s milestone expense the future purchase of a Porsche Caymen will show the initial amount of the expense once it becomes active in the plan VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial l Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant
41. 9 36 38 40 42 44 46 48 50 52 54 56 58 60 62 64 66 68 70 72 74 76 78 30 82 34 86 88 Preferences Help Single Dual Chart Simulations Real Money Edit Time Jam Historic V What if These results are based on a soe ES Spe Sse Assets By Tax Type Non Liquid Assets i Tax Free regarding the client and Detailed lified T bl investment retums and are 4 E aa E ee therefore subject to a num Tax Deferred E College Savings ber of risks and uncertainties that coukd cause actual results to differ materially from the Retirement College i g S RASHOD te 4 gt E 560 000 1 A TEER AAAA STAGES ES Se ement assumptions 14 To view these assets individually tick the Detailed check box in the chart panel The single Chart Dual Chart Assets chart will switch to its detailed view with color coded assets tracked ae Assets By Tax Type w individually in the chart Detailed k 15 Click any year of the chart The chart Age 60 iz legend will show the end of year Wi Total Assets 3 458 514 Home 903 825 I Alex s Cash K E John s 401k 1 512 097 value of the Campbell s home B John s Cash BB John s Stock Portfolio 398 794 Julia s 403b 539 476 B Julia s Cash Detailed Info Chart Controls VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential o
42. E Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document alvoyant A link icon is shown next to the income indicating that there are Guide Me Community items in the plan linked directly to John s income 16 Click this icon to view what this linked item is John s 401 k and its initial balance will display This is an active link that can be clicked to jump directly to the cB ar details of this retirement plan which are found on the Retirement gt Savings screen Additional options are available for the retirement plan on this screen including settings for its increasing or decreasing future contributions and setting the plan s growth rate and asset allocation Julia s Income Julia is currently employed as a nurse and earns a gross annual salary of 55 000 1 People First check the People panel located on the right side of the screen Select Julia as the income earner A check mark will appear next to her name Make the following entries and selections in the fields to the left fap ar eE Employment 2 Income Source Name Enter Nurse Enter active employment income including wages salary commissions bonuses tips and other compensation Click Add to enter an income into the ledger Click Next to continue to Other Income Income
43. Net Worth voyant Client New Open Save Whatif Manage Plans People Timeline Employment Other Income Taxable Savings Retirement College Real Property Debt Insurance Windfall Events Taxes ap lt Os n4aR o L Expenses Lets See sil P Overview B Reports Customer Service 2 My Account Preferences Help These results are based on a number of assumptions regarding the client and investment retums and are therefore subject to a num ber of risks and uncertainties that could cause actual results to differ materially from the assumptions VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial 3 080 000 2 970 000 2 860 000 2 750 000 2 640 000 2 530 000 2 420 000 2 310 000 2 200 000 2 090 000 1 980 000 1 870 000 1 760 000 1 650 000 1 540 000 1 430 000 1 320 000 1 210 000 1 100 000 990 000 880 000 770 000 660 000 550 000 440 000 330 000 220 000 110 000 STAGES 39 AGES 36 Single Chart Base Plan Net Worth Detailed 41 43 45 47 49 51 53 55 38 40 42 44 46 46 50 52 Dual Chart Compare Plans Simulations Loss Capacity Net Worth v Detailed E Net Worth Total Debts WB Secured Unsecured I Total Assets Non Liquid Investment Assets Yr 2034 3 014 641 3 014 641 949 581 2 065 060 Detailed Info Chart Controls 57 59 61 54 56 58 h 63 65 67 60 62 64 69 66
44. ORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document ivoyan The Assets chart will display presenting a breakdown of assets by category non liquid assets properties qualified plans and taxable investments and savings The appreciation of the Campbell s home will be tracked as a non liquid asset eee Age 58 es Yr 2030 voyant lt Pa E Total Assets 3 112 278 7 560 000 2 Non Liguid Fool 2r4 Client New Open Save Whatlf Manage Plans ph como Qualified 1 613 920 iig E Tax Deferred brine 6 440 000 Tax Free Timeline eee Taxable S436 064 Employment 5 880 000 Other income pt a College Savings i Taxable Savings 5 320 000 5 040 000 perp eee n Detailed Info Chart Controls paiaina t E Non Liquid 860 274 Real Property 4 480 000 Qualified N 1 813 920 I Tax Deferred Debt cea Tax Free Insurance oO ko Taxable 438 084 College Savings Windfall Events y ae Taxes 3 360 000 Detailed Info Chart Controls 3 080 000 Expenses 2 800 000 2 520 000 2 240 000 P Overview 1 960 000 Reports 1 680 000 Customer Service 1 400 000 N My Account 1 120 000 840 000 AGES 39 41 43 45 47 49 51 53 55 57 59 61 63 65 67 69 71 Ha 75 77 79 81 83 85 oF 5
45. Source Step Up Step Down VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant 7 Time Check the Time panel located on the right side of the screen Selections on this panel will be used to set the time span over which the expense will be active in the plan The software is defaulted to assume that expenses are active for the duration of the plan The Stage tab will show the Pre Retirement and Retirement stages of the plan selected 8 This purchase will be a one off expense Select the Event tab Wi Start To schedule a one off expense select only a single start event on this tab Do not Wl College Start Alex select an end event Earlier you added an event John s sports car to the WH College Start Martina timeline Use this event to schedule the purchase of John s sports car E End Alex E College End Martina 9 Select John s sports car on the event tab A green dot will appear next i John s Sports Car John to this event MB Retirement John John s Sports Car John 2027 Age 55 B Retirement No red dot end event should be shown on the Event tab If a red dot is shown be sure to click the dot to deselect it as an end event Only a green dot should be disp
46. Time Go to the Time panel located on the right side of the screen Selections on this panel will be used to set the time span over which the contributions are to be made to the 529 plan 7 Select the Event tab The Campbells plan to make contributions to Martina s 529 plan until she starts attending college 8 Select a start event The Campbells will be making contributions to this account from the start of the plan Indicate this by selecting the Start event A green dot will appear next to this event indicating that contributions will E Star ee Start Alex i College Start Martina MB College End Alex Select College Start Martina as the end event A red dot will appear next to College Start Martina 2021 Age 18 begin in the first year of the plan 9 Contributions will continue until Martina begins attending St John s College this event indicating that contributions to the 529 plan will end at this point in I John s Sports Car John the timeline 10 Click Add Alex s 529 Alex 12 000 Martina s 529 plan will be shown in the ledger on the right side of the screen displaying the initial value of the portfolio at the beginning of the plan VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely fo
47. UR FIRST CLIENT CASE Tutorial I Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document 57 54 59 56 61 58 63 60 65 62 67 64 69 66 71 68 560 000 73 70 Dual Chart Assets By Tax Type E Detailed EJ Yr 2017 E John s Cash John s Stock Portfolio 92 069 Julia s 403b 136 065 B Julia s Cash E Julia s Savings E Martina s 529 B Martina s Cash WE Transferred IRA Jo Detailed Info Chart Controls 41 329 00 r33 _ 75 tte 79 51 83 85 87 59 72 74 76 78 80 82 84 86 88 Voyant Inc 201 The Expenses chart will be shown tracking all expenses including those for ri Yr 2018 Expenses Total 3157 580 college by category Taer S56 887 E Basics 36 000 es College 41 463 E Other b 533 210 eine Base Plan Expens voyant Client New Open Save 240 000 O 4 What If Manage Plans 230 000 Base Plan Active v People 250 000 220 000 Detailed Info Chart Controls 210 000 E be Timeline Employment sinepes Other Income 190 000 Taxable Savings 180 000 Retirement 170 000 College 2 eee ie me Lee 160 000 Yr 2018 Expenses Total 157 580 E Taxes 56 887 140 000 H Basics 36 000 College 31 483 130 000 other
48. anage Plans People Timeline Employment Other Income Taxable Savings Retirement College Real Property m 2 amp we GF de Debt teko i Insurance Windfall Events Taxes Expenses P Overview Reports ty Customer Service My Account Preferences Help These results are based on a number of assumptions regarding the client and investment retums and are therefore subject to a num ber of risks and uncertainties that could cause actual results to differ materialy from the assumptions 14 Click the chart selection menu in the lower left section of the charts panel Area Base Plan Assetp 7 840 000 7 560 000 7 280 000 7 000 000 6 720 000 6 440 000 6 160 000 5 880 000 5 600 000 5 320 000 5 040 000 4 760 000 I John s Cash John s Stock Portfolio 92 069 138 085 4 480 000 Julia s 403b J Julia s Cash E Julia s Savings E Martina s 529 I Martina s Cash Wi Transferred IRA Jo 4 200 000 3 920 000 3 640 000 3 360 000 3 080 000 2 800 000 2 520 000 2 240 000 1 960 000 1 680 000 1 400 000 1 120 000 840 000 m STAGES 41 43 45 47 rs 38 40 42 44 Dual Chart AGES Assets By Tax Type v Detailed 41 329 60 733 Detailed Detailed Info Chart Controls 49 51 53 55 46 48 50 52 Simulations Loss Capacity located at the bottom of the screen 15 Select Expenses VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YO
49. bts Home Mortgage Detailed Info Chart Controls Retirement 59 61 63 65 67 69 71 73 75 77 79 51 83 85 87 59 56 58 60 62 64 66 66 70 T2 74 76 78 80 82 84 56 86 Real Money Edit Time Jam Historic J What if 18 Click the chart selection menu in the lower left section of the charts panel 19 Select Net Worth This chart tracks the Campbell s total net worth 20 Click any bar year of this chart The chart legend will appear The legend shows a breakdown of the Campbell s net worth by category together with any debts balanced against it Their home is tracked as a non liquid asset VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I 51 590 162 199 544 199 544 Total Debts B Secured Unsecured B Total Assets Non Liquid Investment Assets 1 789 706 oo 4S 21 100 661 Detailed Info Chart Controls Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document alvwoyant College Planning The Campbell children Alex 11 and Martina 8 are still very young but show great promise in school John and Julia firmly believe their children will be college bound In fact they began saving into 529 plans for Alex and Martina two years ago They plan to contribute at least 6 000 annually to each plan Retirement College Expens
50. chart 41 45 45 4r 45 2 Tick the Detailed checkbox in the chart panel near the bottom of the AGES a9 40 42 4d 46 screen The Cash Flow chart will display in its detailed view Single Chart Dual Chart Compare Plans Si Expenses Shorttfal Detailed The chart has changed slightly since our last viewing The need line has b select None been adjusted upwards to include a newly added expense payments on the Campbell s home mortgage Notice how the need line begins to fall when John is I 56 and Julia 53 E Al inflows Expenses Shortfall B Social Security E Employment 297 513 Retirement Savings To Savings sor 102 Unallocated 168 611 Detailed Info Chart Controls S297 O13 Based on our entries their home mortgage will be paid off one year before stepping their annual expenses downwards We can check these transactional details in the chart details panel VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document al voyant HT 3 Click on the bar year of the chart when John is 55 and Julia 52 This will Age J Yr 2027 Ee Total Expenses 143 085 be the final year of their mortgage payments The chart legend will display
51. cial Security 4 Click the Detailed Info link at the bottom of the chart legend i Employment 5214 929 B Retirement Savings 5 Click the Investments tab to view the balances of the Campbell s college m savings accounts Detailed Info k 6 Move your cursor over the growth rate to view additional details about account growth rates contributions and withdrawals Base Plan Year 2017 Age 45 Eq Cash Flow Expenses Retirement Property Debts Insurance Fa End of Year Growth Contributions Name Owner s Balance Rate Scheduled Unsched Withdrawals Julia s Savings Julia 41 329 1 Planned 3 500 Int 375 0 Actual 3 500 50 John s Port John 92 069 7 Planned 6 000 l Actua 6 000 50 Alex s 529 Alex 60 733 3 Planned 6 000 Actual 6 000 30 Martina s 529 Martina e650 733 3 Planned 6 000 l Actual 6 000 50 Name Owner s EOY Balance Growth Rate Contributions Withdrawals John s Cash John Planned 6 000 Actual 6 000 Scheduled ni ie OF z 60 733 3 Unscheduled Martinas 529 Martina Capital Growth Fees 3 a Required 0 Transfers In 0 Transfers Out 0 The Contributions column displays the Planned and Actual contributions made to each account For example the Campbells may plan to contribute 6 000 annually to Martina s 529 plan but if these funds were needed instead to meet expenses less would be deposited into the account A discrepancy would be shown between th
52. ck Next to continue Second drag and drop an event icon into the Timeline Mid Life Crisis Travel First select an owner w John Julia Birth Alex Part Time Inheritance Martina Remodel College Eg Start Business Wedding Other Show Names mr College End College Start S si on ok oe d College Start College End Retirement Retirement VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document Retirement Disability Critical Illness Mortality Link Drag and drop a stage color into the Timeline Home Early with kids Retirement College Empty Nest A f 2 Back Survivorship to School Slowing New Down Business Work os Part Time Voyant Inc 201 voyant 1 Move your mouse over these events to Mortality Events and How to Edit Mortality Age view basic details about them Notice that John and Julia have Mortality events both of which are set at age 90 The plan will effectively end when Julia dies at age 90 Default mortality ages are set from the software s Preferences screen System Preferences gt Default Ages gt Mortality Age Should you ever need to change the mortality age of a client after the client file has been created go to the Time screen left click on the
53. count e g John s Cash where it will either remain until needed to supplement income or be re deposited into savings and investments If you want to change this setting tick Transfer Excess Income Credits to Savings Click the Apply button bottom right to save this change If you would prefer this to be the software s ongoing default as new client cases are built tick the same setting in the Calculation Settings panel to the left in System Preferences This setting applies only to habitual income Other lump sum inflows including net gains from the liquidation of properties lump sum survivor benefits from retirement plans or pensions payouts from term and whole life policies credits from loans such as mortgages will always be transferred into dedicated cash accounts if left unspent VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial l Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document Employment Income Let s continue by filling in the details from our interview with John and Julia beginning with their incomes 1 Select Employment in the left navigation On this screen you will enter the details of the Campbell s employment including salary wages commissions and bonuses and employer sponsored retirement plans and pens
54. count in J l 3 80 000 60 000 40 000 i 20 000 f WO TT STAGES PrecRetrement Retirement d AGES 39 41 43 45 47 49 51 53 55 57 59 61 63 65 67 69 71 73 75 a7 79 81 83 85 8 amp 7 6g 36 38 40 42 44 46 46 50 52 54 56 58 60 62 64 66 68 70 72 74 76 78 80 62 64 86 83 Preferences Help single Chart DualChart Compare Plans Simulations Loss Capacity Real Money Edit lame 4v What If These results are based on a gt e eso Cash Flow v a Expenses Shortfall Social Security regarding the client and Detailed _ Contribution Shortfall Employment investment returns and are therefore subject to a num Select None fal Retirement Savings ber of risks and uncertainties that could cause actual results to differ materially from the assumptions S ooa VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial l Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant 3 Click on the bar year of the chart when John will be 75 and Julia 72 The chart legend will display 4 Click the Detailed Info link at the bottom of the chart legend 5 Click the Investments tab to view the balances of the Campbell s savings and investments Base Plan Year 2047 Age 75 Cash Flow Expenses Retirement Property Debts Insurance End of Yea
55. creens amp Christie Kiel John 125 000 amp A link icon will be shown next to Julia s income in the ledger This Nurse Julia 55 000 icon indicates that there are items in the plan linked directly her K A income Sort 1 Click the icon to view these linked items Julia s 403 b plan and its initial balance will display Christie Kiel John 125 000 amp This is an active link that can be clicked to jump directly to the amp Nurse Julia 55 000 amp retirement plan s details which are found on the Retirement gt Savings screen Additional options are available for the plan on this screen including settings to set its growth and asset allocation Alternatively select Retirement gt Savings in 2 Click this linked item Julia s 403b 45 000 to jump to the Retirement gt Savings SCreen z s 2 22222222222222225u222uuuuuu2uuuuunnunnnnnnnnn the left navigation Once on this screen select in the ledger Julia s 403b plan Details about Julia s 403 b plan will be shown on the Retirement gt Savings screen ready for editing a Ledger Guide Me Community voyant B savinss 2 vcore i Enter retirement savings accounts including 401 k 403 b SEP Roth IRA and John Client New Open Save Traditional IRA accounts Click Add to enter an account into the ledger Click Next to Y Julia Y Sort Whatlf Manage Plans continue to Pensions om Base Plan Active v Martina Q John s 401k
56. d k Select Home e A color coded view of the charts will display presenting the various income sources that comprise the cash flow These include income from employment unsecured pensions annuities and state pension benefits 5 Click any bar of the chart The chart legend will display also showing detailed categories of cash inflows 6 Click the Detailed Info link at the bottom of the legend j ge BO a Yr 2032 _ E Total Expenses 34 838 E Al inflows 102 316 Expenses Shortfall Social Security BB Employment 102 316 540 000 a voyant sw 500 000 Base Plan Cash Flow Detailed Client New Open Save 480 000 Whatlf Manage Plans g 460 000 _ Base Plan Active v 440 000 Retirement Savings To Savings 16 371 Unallocated S67 Af Detailed Info Chart Controls k People 420 000 Timeline 400 000 Employment 380 000 i Other Income 360 000 340 000 Age 58 E Yr 2030 320 000 Ee Total Expenses 106 531 E All inflows 315 631 Taxable Savings Retirement I College 300 000 h 2 amp pe uw GI de Real Property Expenses Shortfall 280 000 I Social Security Debt eae E Employment 315 631 Insurance oon a Retirement Savings 240 000 To Savings 50 501 le Windfall Events Unallocated 209 099 220 000 Detailed Info Chart Controls 200 000 Taxes bp 4 Expenses 180 000 P Overview 140 000 Reports 120 000
57. deral and state tax rates are entered on the Taxes Taxes screen A Tax Rate Estimator is available if needed to estimate federal tax rates Expenses John and Julia live in a state and municipality that do not levy taxes on income and capital gains We will only be entering their federal tax rates 1 Select Taxes in the left navigation John s Taxes 2 People First check the People panel located on the right side of the screen As the primary client John is already selected Federal Tax Rates 3 Average Income Tax Rate Federal Enter 17 Federal State Average Income Tax Rate o Capital Gains Tax Rate oo 4 Capital Gains Tax Rate Federal Enter 15 State and Local Tax Rates D Step Up Step Down 5 Average Income Tax Rate State Accept the default 0 Tax Rate Estimator 6 Capital Gains Tax Rate State Accept the default 0 7 Click Add John s average effective federal tax rate will be shown in the ledger on the right side of the screen Ledger Jere Community VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant Julia s Taxes 8 People Go to People panel located on the right side of the screen and select Julia A chec
58. e planned and actual contribution amounts Contributions are also categorized into scheduled and unscheduled deposits Scheduled Contributions are those planned by your client These might be regular annual savings or one off transfers Unscheduled Contributions are those made by the software usually when lump sum inflows are left unallocated and are deposited automatically into the owner s default cash account e g John s Cash or re deposited swept from this default cash account into investments or savings VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial l Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant The Withdrawals column shows the total annual withdrawals taken from an account and will identify any limits placed on account withdrawals For example Limit 0 would indicate that no withdrawals are being allowed from the account Accounts are defaulted to allow for unlimited withdrawals Investment and savings account growth rates are averaged and displayed as an Average Total Growth Rate 4 1 overall blended total the Average Total Growth Rate shown at the bottom of x Simple the panel 7 To view details about college expenses click the next bar year of the chart when John will be 46 and Julia 43 2018 Alex
59. e details of Voyant Advisor By following the steps in this guide you should have a fully functional test client case file once you reach the conclusion of this tutorial This client case will be referenced in subsequent tutorials Questions Assistance Should you have any questions when building your first client case file please feel free to contact our support staff by e mailing support planwithvoyant com VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant Before Beginning Have You Installed Voyant Advisor Voyant Advisor is a rich internet application meaning that it has all of the data sharing conveniences of a web application but is installed to your computer and runs much like a desktop application Unlike a pure web application Voyant Advisor can be used offline whenever a connection to the internet is unavailable There is no need to open a browser to run the software And unlike a desktop application Voyant Advisor can be used easily on different computers and by groups of users Client files are updated shared and automatically synchronized between computers This training exercise assumes that you already have Voyant Advisor installed and ready to go If you haven
60. e figure VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant 5 Time Check the Time panel located on the right side of the screen The Time Panel Selecting Alternative Start End Events Selections on this panel are used to set the time span over which the income will be earned Different start or end events could The start event green dot and be selected to begin or end the end event red dot are selected by WB Start income later or earlier in the default indicating that this salary College Start Alex will be earned from the beginning MM College Start Martina of the plan the Start event until Ml College End Alex I College End Martina E John s Sports Car John Retirement John planning timeline To select an alternative time span for the income deselect the default events by John s planned retirement the clicking the red dot end event Retirement John event at age 60 and or green dot start event Then RPTIFeE men f tilulia reset the time span of the income by Leave these default selections in Retirement John 2032 Age 60 ee ee place for now E Mortality John events 6 To view the year and age at whic
61. ect a start event Julia will be making contributions into her savings from fe Itat h MB College Start Alex start 2011 Start Martina I College End Alex E College End Martina the start of the planning timeline Indicate this by selecting the Start event A green dot will appear next to this event indicating that contributions will begin at this point in the timeline 13 Julia plans to make contributions until she retires Select Retirement Julia as the end event A red dot will appear next to her retirement event e Wi Star indicating that contributions to the savings account will end when she E College Start Alex retires E College Start Martina MB College End Alex E College End Martina The line graph at the bottom of the screen will adjust presenting the general I John s Sports Car John growth trajectory of the savings account MB Retirement John Pre Retirement hecrement The Line Graph 14 Click Add The line graph presents a general illustration The line graph does not illustrate withdrawals that may be taken later once the planning forecast is calculated The actual growth of the account and withdrawals will be tracked and can be viewed in a moment on the Let s See charts once we complete these entries VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential
62. ell Done Now Save Your WorK sesssecseccsecssecscocseossecseocseosecssecosesseessecssossecssecssesseessecssosseessessseessesseosses Q MOES ODS i EE A a A General Overview Checking Your Entries ssssccssecssecsssesosecsseccssecsseesssecseecsssecssecsssesssesssecsssesssessssssssessseess OO Reports Print PDF Word and Excel Format RepofrtS esssssccsssscosssccosscccossccocsecoossecossecesssesosssesssssesssseessse OL Downloading and Storing REPports cccssssscscsesscesscsscscessesssssssssceseseesscessssscssessessccesessacscessesscscessasscecensscscessessceceesacsceneessceees 83 Where are Reports and Images Stored seseessssessssesessesessesessoseseesesesrosesessesessesessesesesseseoresessesessoseseesesesseseseosesessesesseseseesesees 83 Preferences Updating the Location of the Reports Directory esseesessssesessesessesesseresessesessosessssesessesessssesesseseseoseesesees 84 POUFNE RO PONE enoa E E ET E E O E er 84 Conclusion Where to find more information additional resources and assistance cccccccsccccscccccscssces OD VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant Introduction About This Guide and the Voyant Adv
63. es College John and Julia think it possible that at least one child will attend a private college and the Expenses Savings other an in state university It s still too early to tell but they want to plan around the considerable cost differences Real Property 1 Select College gt Expenses in the left navigation Alex s College Expenses In State University 2 People Go to People panel located on the right side of the screen and select Alex as the owner of the college expense A check mark will appear next to his name The College gt Expenses screen features a calculator that estimates tuition and other college expenses based on attendance of a HENEU niv of Texas at Austin selected college or university Let s assume that Alex will be eee attending the University of Texas at Austin Public Type Private Proprictary 3 Location Select Texas sue item University of Texas at Austin 4 Type Select Public City Austin TX itution Cli 7 ee Tuiti 5 Institution Click the drop down list and select University of T ka Texas at Austin To expedite your search type the first letter Room amp Board U to jump to that section of the alphabetical list Required Fees Books amp Supplies 5 Expense Name This field will be populated automatically with the Transportation name of the selected university Other Additional Estimated Expenses 6 Tuition Select In State The Campbells live in Texas
64. f this document voyant 7 Time Check the Time panel located on the right side of the screen Selections on this panel will be used to set the time span over which the expense will be active in the plan The software is defaulted to assume that expenses are active for the duration of the plan The Stage tab will show the Pre Retirement and Retirement stages of the plan selected I Pre Retirement 8 Leave these stages selected v B Retirement The line graph at the bottom of the screen will present the general growth trajectory of the expense Expenses are inflated by the software s default inflation rate which is set from Preferences This rate can be easily adjusted for individual expenses by expanding the Expenses screen s Inflation panel and editing the Inflation Rate 9 Click the Add button Guide Me Community The newly added expense will be shown in the ledger on the right side of the screen displaying the initial annual cost of the Campbell s living expenses at the beginning of the plan 10 Click the Next button mn n n Fat pak k pele fe eo b amp Home Mortgage payment John 36 000 amp VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this doc
65. h E N z ao Leisure O Basics Leisure mae Vacations Luxury ee eee 12 000 6 Milestones Applied Monthly amp Yearly Legacy VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant 8 Time Check the Time panel located on the right side of the screen Selections on this panel will be used to set the time span over which the expense will be active in the plan The software is defaulted to assume that expenses are active for the duration of the plan The Stage tab will show the Pre Retirement and Retirement v B Pre Retirement stages of the plan selected v B Retirement 9 Leave these stages selected The line graph at the bottom of the screen will illustrate the general growth trajectory of the expense 10 Click Add The newly added expense will be shown in the ledger on the right side of the screen displaying the initial annual cost of the Campbell s holidays at the beginning of the plan Ledger Guide Me Community Sort Vacations John Julia 12 000 amp VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belo
66. h the income will end move your cursor over the end event Retirement John The line graph at the bottom of the screen will present a general illustration of how the income will grow and when it will end Pre Retirement Retirement Savings John s 401 k Plan John makes regular contributions from his income into a 401 k plan These contributions are being matched by his employer John plans to contribute 8 of his salary to this retirement plan His employer in turn matches 100 of his contributions and would potentially match contributions up to 10 of his salary Should John wish to take full advantage of his company s Growth amp Withholding 10 of his salary This is something that we could explore Step Up Step Down program he might consider increasing his contributions to later in a what if planning scenario E Qualified Plans PE IR N 7 Go to the Advanced settings on the left side of the screen Expand the Qualified Plans panel and its 401k Roth 401k 403b SEP sub panel VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document iwoyant Enter the following details about John s retirement plan and schedule his future contributions to it Entering Re
67. he software can estimate what your client s monthly benefit payments will be based on Pensions projected annual income Social Security Immediate Annuity The Campbells are unable to locate their Social Security statement which lies buried beneath Variable Annuity a mound of paperwork For now let s allow the software estimate their future benefits College Benefit estimates can later be changed if ever their statement is excavated or once they receive their next annual statement 1 To enter their future benefits select Retirement gt Social Security in the left navigation John s Social Security Benefit 2 People Check the People panel located on the right side of Advanced M EG CCST a Mor e ai O a eA y e E Estimate Social Security oll atle SCC SEC bor default 3 Expand the Estimate Social Security panel The table will show John s estimated monthly benefits beginning at age 62 4 Click Add The Social Security benefit will be shown in the ledger located on the right side of the screen The amount displayed is the projected annual benefit in the year that benefits payments are to Escalating Social Security Benefits begin when John is 62 r sss rrrrrnrrrrrennerennenunnnnnnnuunnnnnnnunnnnnnnnn Social Security benefits including currently being received by the client are escalated Guide Me Community annually based on the Cost of Living Allowance COLA This rate is set on the Ret
68. he timeline 2 Move your mouse over any one of these markers to view the events scheduled to occur in that year of the plan as pictured right The numbers shown beneath these markers along the chart s horizontal axis are the future ages of the primary client John the first person entered into the plan and the plan s namesake with Julia s future ages shown on the second line i Age 51 3 Click on the bar year of the chart when John will be 51 and Julia 48 E Total Expenses ks 86 485 E All inflows The chart legend will display showing total expenses for the selected ba PADE ea i To Savings 41 062 year all inflows total expense shortfall deposits to savings a total of Unallocated 170 154 deposits to pensions savings and investments and unallocated funds Unallocated funds are inflows that are neither spent nor saved This surplus income is assumed spent unless the software is set to save all surplus income see below Surplus Income How to Set Unallocated Income to be Saved either remain until needed to supplement income or be re deposited into savings and investments cases are built tick the same setting in the Calculation Settings panel to the left in System Preferences lump sum survivor benefits from retirement plans or pensions payouts J Calculation Settings from term and whole life policies credits from loans such as mortgages will always be transferred into dedicated cash accounts if lef
69. ings S59 325 3 090 000 Detailed Info Chart Controls 3 780 000 a a E 2 420 091 7 E Total Assets A Alex s Cash 3 360 000 WB John s 401k 1 446 983 I John s Cash I John s Stock Portfolio 372 705 2 940 000 E Julia s 403b 500 580 2 730 000 Julia s Cash Julia s Savings 99 823 senaia Detailed Info Chart Controls 2 310 000 if 3 E 2 100 000 1 890 000 3 570 000 3 150 000 1 680 000 1 470 000 1 260 000 1 050 000 840 000 630 000 420 000 210 000 STAGES a e poma 39 4 43 45 47 49 51 53 55 57 59 61 63 65 67 69 71 T3 ti v7 79 31 83 85 36 38 40 42 44 46 48 50 52 54 56 58 60 62 64 66 68 70 2 74 76 78 80 82 AGES Dual Chart pare Pla Simulations Assets By Tax Type v Detailed 11 Click any year of the chart The chart legend will show a list of these color coded assets each with its projected end of year value 12 Deselect the Detailed check box in the chart panel A second assets chart Liquid Assets omits illiquid assets properties from view tracking only the client s liquid assets 13 Click the Back link in the top left corner of the charts to return to the Investments screen Back Investments HL WILL Base Plan Cash Flow 380 000 VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright bel
70. ion At what age do you plan to retire Age 5 Click Add Jona 60 Aready etre C Julia Already retired C 4 Relationship Select Child This is the default selection 6 Click Next Current Retirement Plans Exploring Alternative Retirement John and Julia both plan to retire at age 60 tttstttettsttsttstsrtsrts1tstsnttttnntnn Options These are the Campbell s current aa a a retirement plans but other options can 8 Julia Retirement Age Enter 60 PE doy explored using a planning scenarios We will discuss 9 Click Next scenarios and how to create them in the next tutorial in this series VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial l Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant Alex and Martina the children of the Campbell family are both under 18 and still in grade school Due to their ages the planning wizard will prompt you to add planning Retirement John information for their college years These entries will add college start and college end Retirement Julia P graduation events to the planning timeline which will later allow you to make plans College Start Alex around their college expenses College End Alex 9 College Start Martina College End Martina College Plans for Alex
71. ions as well as non qualified 457 plans John s Employment John is an employee of Christie Kiel a privately owned architectural firm 2 People First check the People panel located on the right side of the screen As the primary client John is already selected the income earner Make the following entries and selections in the fields to the left 3 Income Source Name Enter Christie Kiel 4 Annual Income Enter 125 000 John s gross annual salary before retirement plan contributions and taxes Employment Enter active employment income including wages salary commissions bonuses tips and other compensation Click Add to enter an income into the ledger Click Next to continue to Other Income en e le Christie Kiel See 125 O00 s D Growth amp Withholding Step Up Step Down Qualified Plans O Non Qualified Plans iwoyant Client New Open Save a4 Whatl Manage Plans Base Plan Active People Timeline Employment Other Income Taxable Savings a John Julia Alex Martina Employment Enter Gross Income Enter employment incomes in gross amounts i e pre tax before the deduction of any contributions to retirement plans Voyant Advisor will do the tax calculations for you Contributions to retirement plans made from supporting salaries will also be deducted from this gross income You may need to gross up income in cases where your client has provided a net incom
72. ipient of this document voyant If the Java Web Start Launcher is not shown you may not have Java installed on your computer Java can downloaded and installed free of charge from the Java website http java com To run a quick check of your computer for Java click the Do I have Java link on this website Google Chrome Depending on the browser s security settings Chrome browsers may display a security warning before downloading the Voyant Advisor installation file the InstallVoyant jnlp This warning will appear in the bottom left corner of the browser window 1 Click Save if you wish to download the file and continue with the installation of Voyant Advisor This type of file can harm your computer Are you sure z i fa you want to download InstallVoyant jnlp Discard The Voyant Advisor installation file InstallVoyant jnlp will be downloaded and displayed in the bottom left corner of the browser window 2 Click this downloaded installation file to begin installing the software VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant Getting Started Launch Voyant Advisor Voyant Advisor runs locally from your computer
73. irement gt Sort Social Security screen s Inflation panel Social Security John 220 238 The original default is taken from Preferences gt Plan Preferences gt Default Inflation Growth Rates panel gt Social Security COLA setting VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial l Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant Julia s Social Security Benefit 1 People Go to People panel located on the right side of the screen and select Julia as the owner of the benefit A check mark will appear next to her name 2 Expand the Estimate Social Security panel The table will show Julia s estimated monthly benefits beginning at age 62 3 Click Add The Social Security benefit will be shown in the ledger located on the right side of the screen The amount displayed is the projected annual benefit in the year that benefits payments are to begin when Julia is 62 Guide Me Community Sort Socal Security John 20 235 Social Security Julia 15 314 VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial l Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this informati
74. is panel will be used to set the time span over which the college expenses will be paid 12 Select a start event Martina s college expenses will begin when she is 18 E Start E College Start Alex e F Start Martina R Indicate this by selecting the College Start Martina event A green dot will appear next to this event indicating that the expense will begin at this point in the timeline 13 Martina s college expenses will continue until she graduates Select College End Martina as the end event A red dot will appear next to this event indicating that the expenses will end in four years when Martina is 22 The expense will end at the beginning of this year E Start E College Start Alex i College Start Martina MB College End Alex Bf College End Martina 14 Click Add The line graph at the bottom of the screen will present a general illustration of how the college expense will inflate and when it will end College End es 2025 Age 22 Pre Fetiremernt Martina s college expenses for St John s College Maryland will be shown in the ledger on the right side of the screen displaying the present annual amount of the expense Univ of Texas at Austin Alex VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging t
75. isor Introductory Tutorials The following guide is the first in a series of step by step introductory tutorials to Voyant Advisor This course is intended to help new users begin building financial plans for their clients as quickly as possible Voyant Advisor is versatile software so loaded with powerful features that even well versed users might benefit from this training series as a refresher or as an introduction to capabilities they may have overlooked No prior knowledge of the software is needed to follow this tutorial nor does it require financial planning experience To follow this exercise all you will need is a computer an internet connection an active Voyant Advisor user account as either a trialist or subscriber an installed version of Voyant Advisor and a desire to learn more about how to create effective and fully interactive cases for your clients In our first tutorial we will show you how to create a new client case file from scratch In doing so we will introduce to you many of the key concepts and features of the software including the Let s See charts reports and the plan overview We also hope to demonstrate that creating new plans for your clients is far less daunting than it may first appear to be The structure of the guide is straightforward Step by step instructions are illustrated with screen shots of the software while sidebars offer additional insight to readers who are prepared delve a bit deeper into th
76. k mark will appear next to her name Federal Tax Rates 9 Average Income Tax Rate Federal Enter 17 10 Capital Gains Tax Rate Federal Enter 15 Federal State Average Income Tax Rate To o Capital Gains Tax Rate State and Local Tax Rates 11 Average Income Tax Rate State Accept the default 0 12 Capital Gains Tax Rate State Accept the default 0 amp Step Up Step Down Tax Rate Estimator 13 Click Add Julia s average effective federal tax rate will be shown in the ledger on the right side of the screen Guide Me Community VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial 1 Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant Expenses Expenses Basics Let s complete the plan by entering the Campbell s expenses Leisure Luxury Basic Expenses Milestones 1 Select Expenses gt Basics in the left navigation Legacy Enter the Campbell s basic living expenses which they estimate are on average 6 500 per month 2 People First check the People panel located on the right side of the screen The software is defaulted to assume that expenses are co owned by couples Checkmarks indicate that the expense is incurred jointly by John and Julia 3 Leave these defau
77. l appear next to this event indicating that contributions will E a start College Start Alex E College Start Martina 10 Contributions will continue until Alex starts attending the University of Texas lege Start Alex 2018 Age 18 Select College Start Alex as the end event A red dot will appear next to this E College End Martina begin in the first year of the plan event indicating that contributions to the 529 plan will end at this point in the timeline 11 Click Add VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant Ledger Guide Me Community Alex s 529 plan will be shown in the ledger on the right side of the screen displaying the initial value of the portfolio at the beginning of the plan Martina s 529 College Savings Plan 1 People Go to People panel located on the right side of the screen and select Martina as the owner beneficiary of these savings A check mark will appear next to her name 2 Type Select 529 ype 3 Account Name Enter Alex s 529 Account Name Current Value oo Current Valie Enter 12000 Annual Contribution Aati or m Of Income 5 Annual Contribution Enter 6 000 Noa nha hiors oal 6
78. lan Management dialog will display Click the View Versions button to view the Version Management dialog When a version is selected any comments attached to that version will be shown VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant Next Steps General Overview Checking Your Entries erii D Overview To double check all of your inputs visit the General Overview screen Select Overview gt General in the left navigation General Legacy The General Overview presents a summary of the inputs used to create the plan in l Asset Allocation view These inputs may include events income savings investments pensions eet Reports property assets protection policies debts and expenses Base Plan Client John Campbell Spouse Julia Campbell Others Alex Martina Events Taxable Savings Start 2011 John s Cash John 0 College Start Alex 2018 Alex 18 Julia s Cash Gulia sO Start tina 2021 Martina 18 Alex s Cash Alex so College End Alex 2022 Alex 22 Martina s Cash Martina 0 College End Martina 2025 Martina 22 Julia s Savi Julia 15 000 John s Sports Car John 2027 John 55 John s Stock Portfolio John 25 000 Retirement John 2032 John
79. layed next to the John s sports car event ss srsssrsssrenunnnunnnunnnnnnnnnnnnnnnnennnn A single event can also be selected on the Time panel of the Employment and Other Income screens to indicate The line graph at the bottom of the screen will spike indicating that this car E a T purchase is a one off expense LS 8 III Pre Retirement Retirement 10 Click Add Ledger EAr eet The newly added expense will be shown in the ledger on the right side of the screen displaying the cost of the John s sports car in its present value at beginning of the plan This future purchase will be inflated using settings founds on the Inflation panel VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document ivoyan t Let s See View Future Expenses and Plan Results in the Charts The Campbell case file is now complete Let s view the results 1 Click the Let s See button in the lower center section of the screen The Let s See charts screen will display showing the Cash Flow chart This chart has changed noticeably since we last viewed it The need line has been adjusted upwards considerably to include all of the expenses you just added Base Plan Gash Flow BaD a voyant
80. ll be deselected P ingle Chart Dual Chart mpare Pi Simulations Loss Capacity leaving only the red underlay of expenses in era E Tart pers Sete m Social Security view This underlay represents the expenses Detailed a Contribution Shortfall Employment and fulfilled contributions to pensions savings ee PRET W Retirement Smingd and investments h D Taxable Savings VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial l Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document ivoyant As one possible presentation technique the Campbell s future income could be overlaid onto the expenses category by category by ticking the expense categories on the right side of the panel 4 Tick Employment for example 5 Next tick the College Savings and Taxable Savings categories 6 Follow this by ticking Retirement Savings Dual Chart Simulations Loss Capacity Cash Flow i Expenses Shortfall d Social Security a College Savings Fy Detailed a Contribution Shortfall Employment Select All W Retirement Savings a Taxable Savings The income sources will begin to cover the red need If the need cannot be fully covered by income and liquid assets it will be exposed in the charts indicating in red a shortfall 7 Click the Select All link in the char
81. lts in place to indicate that these are John and Don t Double Account Some Expenses je TT E Julia s combined living expenses are Created Automatically Make the following entries and selections in the fields to the left side Notice that a Mortgage Expense is already of the screen shown on screen This expense was created automatically and is linked to the debt 4 Expense Name Enter General Living Expenses meaning that when the mortgage is paid off the expense will end 5 Expense Amount Enter 6 500 Debts When a debt is entered into a plan a 6 Applied Select Monthly to indicate that this is a monthly debt payment expense will be created amount automatically to control payments made on the debt E X a Basics a Taxes There is usually no need to enter taxes as expenses Voyant will do the tax tee ea General Living Expenses Applied Monthly Yearly calculations for you Premiums Expenses are created automatically for the premiums paid on protection policies Savings and Investments Contributions to pensions savings and investments are entered into the software as such Do not enter them as expenses VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient o
82. meline below A line will display to help guide you to the appropriate age year in the timeline below Release the drop the event Mortality events visit the Voyant YouTube channel You anywhere above the timeline below We will adjust the positioning of the event in a moment Show Names on amp College End I I r ran ron i A i I ETI I ETI i z4 z4 m E Start College Start College Start College End Retirement Retirement Pe rRetiirement VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial 1 Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document John anticipates his mid life crisis will strike when he turns 55 and as a result he will be compelled to make a completely impulsive purchase a sports car 6 Now that the event is on the timeline left click on it again and drag and drop it over age 55 The names of these events are only suggestions and can be easily changed once an event is added to the timeline 7 Double click on the name of the Mid Life Crisis event The event label will become editable 8 Enter John s Sports Car 9 Press Enter on your keyboard to save this change We will use this event in a moment to schedule the purchase of this sports car as a future one off expense
83. ne easy drag and drop everything tied to the repositioned event is recalculated instantaneously VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial l Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant Preferences A Quick Check for Matching Default Settings Before we continue let s take a quick detour to the Preferences screen to check the software s default growth rates account fees and calculation settings At various times during this tutorial we will be checking our progress in the Let s See charts If you want to compare the numbers in your client case against those presented in the guide it s a good idea to first verify that the default preferences in your version of the software match those that were used when this guide was written 3 Click the Preferences link in the lower left corner of the screen in the left navigation My Account 4 Go to the Plan Preferences on the right side of the screen Preferences are arranged Preferences into a series of expandable panels 5 Expand the Default Inflation Growth Rates panel and verify that the settings on your computer match the following System Preferences Plan Preferences System Preferences left are the default settings Plan Preferences that the software will use f
84. ned and actual contribution amounts John s Stock Port John 1 100 287 f Planned 0 l NS Actual 0 50 Owner s EOY Balance Growth Rate Contributions Withdrawals John s Cash Jc Actual oe 1 100 287 7 o gees me ee oe Capital Growth Fees 7 Transfers Out 0 Contributions are also categorized into scheduled and unscheduled deposits Scheduled Contributions are those planned by your client These might be regular annual savings or one off transfers Unscheduled Contributions are those made by the software usually when lump sum inflows are left unallocated and are deposited automatically into the owner s default cash account e g John s Cash or re deposited swept from this default cash account into investments or savings The Withdrawals column shows the total annual withdrawals taken from an account and will identify any limits placed on account withdrawals For example Limit 0 would indicate that no withdrawals are being allowed from the account Accounts are defaulted to allow for unlimited withdrawals Investment and savings account growth rates are averaged and displayed Average Total Growth Rate 6 34 as an overall blended total the Average Total Growth Rate shown at the ait bottom of the panel Simple 7 Click the Simple link to close the chart details panel and return to the chart legend Dual Chart Compare Plans Simulations 8 Click the chart selection menu in the lower Asse
85. nging to Voyant Inc Use of this information is solely for the recipient of this document voyant Milestone Expenses Expenses Our final entry will be a one off milestone expense John is anticipating his own mid life crisis At age 55 he plans to celebrate this milestone in style with the purchase of his eee dream car a Porsche Caymen currently valued at 66 000 For such a hypothetical future as purchase we would in most cases explore its feasibility first in a what if scenario But panini John is resolute so we will include his aspiration in the Campbell s Base Plan ese Legacy 1 To enter this expense select Expenses gt Milestones in the left navigation 2 People First check the People panel located on the right side of the screen Checkmarks will indicate that the expense is incurred jointly by John and Julia This is only John s expense 3 Deselect the checkmark next to Julia s name Make the following entries and selections in the fields to the left side of the screen 4 Expense Name Enter Porsche Caymen 5 Expense Amount Enter 66 000 6 Applied Select Yearly indicating that this is an annual amount Do not over think the semantics of the Yearly option As a one off expense it will occur only once in the year John turns 55 E Th oe we Milestones ot ee aot ieee Porsche Caymen ad Expense Amount OO 000 Applied Monthly Yearly D Inflation Expense Payment
86. ntered into a plan This expense is found on the Expenses gt Basics screen Why Link a Mortgage to a Property Linking establishes a connection between the property and mortgage When a property is sold the software will use the proceeds first to pay off or at least pay down and remaining balance due on any linked debts providing a more realistic projection of what proceeds might be realized from the sale of the property Voyant Inc 201 alwoyant 8 Click the Add button in the lower section of the Property Assets screen The Campbell s home is added to the plan and now appears in the ledger located Ledger on the right side of the screen showing the initial value of the property at the start of the plan A link icon is shown next to the home indicating items in the plan are linked to this property 9 Click this icon to view these linked items The Campbell s Home Mortgage and the current balance of the mortgage at start of the plan will be displayed Guide Me Community This is an active link that can be clicked to jump directly to the details about the mortgage found on the Debts screen 10 Click this link The Debts screen will display with the Home Mortgage selected and ready for editing VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject
87. o Voyant Inc Use of this information is solely for the recipient of this document voyant College Savings John and Julia started 529 plans for their children two years ago They plan to contribute at least 6 000 annually to each plan and would be open to increasing these contributions if feasible and if doing so makes sense under federal gift tax regulations 1 Select College gt Savings in the left navigation Alex s 529 College Savings Plan 2 People Go to People panel located on the right side of the screen and select Alex as the owner beneficiary of these savings A check mark will appear next to his name 3 Type Select 529 4 Account Name Enter Alex s 529 i eee eam Alex s 529 5 Current Value Enter 12 000 Current Value 12 000 Annual Contribution Aaii or a Of Income 6 Annual Contribution Enter 6 000 d Contribute Before Paying Expenses 7 Time Go to the Time panel located on the right side of Advanced Growth Asset Allocation O Step Up Step Down the screen Selections on this panel will be used to set the time span over which the contributions are to be made to the 529 plan 8 Select the Event tab The Campbells plan to make contributions to Alex s 529 plan until he starts university 9 Select a start event The Campbells will be making contributions to this account from the start of the plan Indicate this by selecting the Start event A green dot wil
88. of the screen and select Julia as the owner of the account A check mark will appear next to her name Make the following entries and selections in the fields to the left side of the screen 3 Type Select Savings 4 Account Name Enter Julia s Savings Entries and Calculations 5 Balance Enter 15 000 Annual vs Monthly Amounts Voyant performs all of its calculations on an annual basis You may assume that all amounts e g account contributions are to eee lig Julia s Savings be entered as annual amounts Pee eas ee 15 000 Acorn tas except in cases where monthly annual options are shown Annual Contribution or T To onscreen e g expenses Mi Contribute Before Paying Expenses 7 Under Advanced settings expand the Growth panel 8 Growth Rate Enter 1 Growth 9 Account Fees Enter 0 VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant 10 Time Go to the Time panel located on the right side of the screen Selections on this panel will be used to set the time span over which the contributions are to be made to the account Julia plans to make contributions to her savings account until she retires 11 Select the Event tab 12 Sel
89. on is solely for the recipient of this document iwoyant Let s See Track Future Employment and Retirement Income in the Cash Flow Chart Let s take a moment to view the Campbell s plan in progress as we build it in the Let s See charts We will visit the charts occasionally during this tutorial to place your entries in context with the larger plan and to introduce the workings of the Let s See screen These detours are not normally required when building plans 1 Click the Let s See button in the lower center section of the screen See your plan on the chart The Let s See charts screen will display showing the cash flow chart 540 000 l voyant 520 000 500 000 Base Plan Cash Flow Client New Open Save What if Manage Plans 460 000 Base Plan Active v 440 000 480 000 People 420 000 Timeline 400 000 Employment 380 000 j Other Income 360 000 Taxable Savings 340 000 Age 55 E Yr 2027 320 000 Total Expenses 97 430 E All inflows 288 847 Wl Expenses Shortfall 280 000 To Savings 46 216 Unallocated 191 417 Retirement College 300 000 Real Property Debt 260 000 Insurance 6 5 n243p u Ode 4 240 000 Windfall Events 220 000 Detailed Info Chart Controls 200 000 k Taxes hp x Expenses 180 000 Let s See pif 160 000 P Overview 140 000 B Reports 120 000 100 000 Customer Service 80 000 My Account
90. on which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant 8 Inthe chart beneath the panel click the bar year to the immediate right of the one that is current selected This will be the year John is 56 and Julia 53 2028 The Debts tab will show an end of year balance of 0 on the mortgage indicating that it has been paid off Base Plan Year 2028 Age 56 Cash Flow Expenses Investments Retirement Property Insurance Name Owner s Sched Payment Actual Additional End Balance Home Mortgage John Julia 216 063 216 063 50 0 Total 13 363 18 363 0 0 Previous Year 36 000 36 000 0 216 051 So Difference from Previous Year 100 9 Click the Property tab The debts held against this property are now 0 The Campbells now own their home outright Base Plan Year 2028 Age 56 Cash Flow Expenses Investments Retirement Debts Insurance Home John Julia 016 021 0 018 321 10 Click the Simple link to close the chart details panel and return to the chart legend 11 Deselect the Detailed checkbox in the chart panel to return the charts to their basic view 12 Click the chart selection menu in the lower left section of the charts panel Dial Chart ie All Inflows 13 Select Assets By Tax Type aiia Cash Flow All Inflows Assets By Tax Type VOYANT ADVISOR INTRODUCTORY TUT
91. onfidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant Downloading and Storing Reports Reports and images are downloaded and updated whenever reports are generated Before reports are created you will receive a onetime prompt to select a reports base directory the master folder in which reports and images will be stored This directory is saved in Preferences and can be changed later if necessary more about how to edit this preference in a moment Note We generally recommend that you chose a folder on a local drive e g C Voyant Reports Windows Vista users should be sure to select a folder location other than their desktops Security prompts which are ubiquitous in Windows Vista have been known to sometime interfere with the download of reports and images to desktop folders Where are Reports and Images Stored Inside the reports directory reports and images are downloaded and stored in client and plan specific subfolders Client folders are named using the primary client s surname forename For example a report generated for client John Campbell s July Plan a scenario within his case file would be stored in the C Voyant Reports Campbell John July plan directory Each plan specific folder will contain time stamped PDF format reports time stamps indicating when each report was generated and a complete set of images which
92. onging to Voyant Inc Use of this information is solely for the recipient of this document voyant Property Assets John and Julia co own a home which is presently worth 525 000 They have owned their home for 10 years and purchased it originally for 510 000 Their home was financed with a mortgage on which they owe currently owe 430 000 The mortgage has an interest rate of 4 5 and a minimum monthly payment of 3 000 College 1 To enter their home into the plan select Real Property in the left navigation R eal Property 2 People First check the People panel located on the right side of the screen As Bent the primary client John is already selected as the property owner by default 3 Julia co owns this property with John Click Julia s name in the People panel Check marks should appear next to both her name and John s indicating that they co own the home Make the following entries and selections in the fields to the left side of the screen 4 Type Select Primary Residence the default ae Primary Residence w 6 Market Value Enter 525 000 the present market value of the home PEIES 525 000 ERAAN 510 000 5 Property Name Enter Home 7 Tax Basis Enter 510 000 the total original purchase value of the Mi New Purchase home including any portion of the home s cost that was financed 8 Time Check the Time panel located on the right side of the screen Selections
93. ople svu uuu 360 000 300 000 Sane Detailed Info Chart Controls S n_a apee Timeline Employment Other Income Taxable Savings 260 000 Retirement 240 000 College A an 220 000 Expenses Total 262 Wi Taxes 64 399 i Basics 148 967 Debt 200 000 Insurance Milestones Windfall Events College 180 000 Leisure 17 380 Taxes 31 935 TALTS EEEL be Expenses l E 3100 000 Detailed Info Chart Controls 140 000 a a a ra Bana P Overview 120 000 Reports Customer Service 100 000 N Account said 80 000 60 000 40 000 20 000 r WAL Pre Retirement STAGES aces 33 UN B aT KOC a 6 Mm 73 G 7 a a Go 3 38 40 42 44 4 amp 6 48 50 52 54 56 58 6 amp 6 amp 70 72 7 4 80 62 84 85 68 Preferences Single Chart Dual Chart Compare Plans Simulations Loss Capacity Real Money Edit Time Historic WWratif e A E coeve Basics o Leisure O Milestones Other sccurmntions SSuUMpiO VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial l Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document ivoyan t 13 To track the Campbell s future net worth click the chart selection menu in the lower left section of the charts panel 14 Select
94. or the recipient of this document Enter the Basics alvoyan t The plan creation wizard will guide you through a quick five step questionnaire setting the plan s start date and gathering the basics about your client your client s spouse or partner children other dependants and any other individuals that might be considered in the plan Your client s current retirement status will also be recorded yant Plan Start Date Plan Start Date Enter the date your plan should start Today Set Date Plan Date f J damm yyvy Select a Start Date First consider the Start Date of the plan The Campbells submitted their details to us very recently We will set the plan to begin today considering that the account balances incomes and expenses they provided are currently accurate 2 Plan Start Date Select Today as the plan s start date s eesreeees The planning year will begin on today s date with each subsequent year beginning on the anniversary of this date 3 Click Next to continue Start Dates and Planning Years Plans are fashioned around a planning year which can be set to begin with the current day with the planning year beginning and ending with the anniversary of the date the plan was created Plans can also be set to follow calendar years tax years or even your client s birth date could be used to start planning years based on age Be sure to configure the year in a way
95. ould be shown as the selected item in the ledger on the right side of the screen Details about the account are shown in the fields left and can be edited if necessary Guide Me Community John s 401k John 1 Expand the Growth panel Advanced Default Growth Assumptions The initial growth assumption for investments such as retirement plans is taken from a default found on the Preferences screen in Plan Preferences gt Default Inflation Growth Rates gt Investment Growth Rate 2 Growth Rate Enter 5 Item level edits will always override any initial os E UR Paste eae tue Canes default settings taken from Preferences Were you to later change the default Investment Growth Rate in the plan preferences the growth rate for the Campbell s retirement accounts would remain unchanged because they have been edited at the account level VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document alvoyant Edit the Growth Rate of John s 401 k Plan Let s also adjust the growth rate of John s 401 k plan 1 Select John s 401k John in the ledger on the right side of the screen Details about the account are shown in the fields left Guide Me Community Julia s
96. r Growth Contributions Name Owner s Balance Rate Scheduled Unsched Withdrawals Julia s Savings Julia 129 120 1 Planned 0 Int 1 278 0 30 0 John s Stock Port John 1 100 287 7 anned 0 50 Average Total Growth Rate 6 34 An End of Year balance will be shown for each account Any interest or dividends earned during the year will be shown beneath the end of year total The Growth Rate column may show multiple growth rates for an account The first is a net growth rate a total of capital appreciation plus yield minus account fees Two additional growth rates may be shown to give a breakdown of the dividend Div and interest Int yield on the account VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant 6 Move your cursor over the growth rate to view additional details about account growth rates contributions and withdrawals The Contributions column displays the Planned and Actual contributions made to each account For example the Campbells may plan to contribute 3 500 annually to Julia s savings account but if these funds were needed instead to meet expenses less would be deposited into the account A discrepancy would be shown between the plan
97. r at age 55 displayed VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document 2 John will be the owner of this new event As the primary client his name is voyant already selected by default in the Events palette at the top of the screen pictured First select an owner right v John Julia Alex 4 To the right of the Events palette are a variety of event icons pictured below that isi artina can be selected and dropped onto the timeline below Locate the Mid Life Crisis event icon Second drag and drop an event icon into the Timeline Special Events for Scenario aaiae i Building Birth Mid Life Crisis HP Travel ae The icons on the far right side of Daycare Part Time Inheritance Disability the events palette are for special 7 i deling scenarios such as Celebration Remodel College Critical Illness oe S disability early mortality and House Ea Start Business A Wedding g Mortalit ft a x running major market loss dh Boat Other S Link simulations To see a video on how create 5 Left click on the Mid Life Crisis event the car icon and anaes Leng Verse une while continuing to press the left click button drag and drop the event above the ti
98. r subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document ivoyan 16 Click the chart selection menu in the lower left section of the charts panel 17 Select Debts The Debts chart will display showing the decreasing balance of the Campbell s home mortgage and its eventual payoff voyant Client New Open Save VW Whati Manage Plans People Timeline Employment Other Income Taxable Savings Retirement College Real Property Debt Insurance Windfall Events Taxes Expenses Let s See fii f P Overview Reports 3 Customer Service N My Account Preferences Help These results are based on a number of assumptions regarding the cient and investment returns and are therefore subject to a num ber of risks and uncertainties that could cause actual results to differ materially from the assumptions S7 160 000 420 000 400 000 380 000 360 000 340 000 320 000 300 000 280 000 260 000 240 000 220 000 200 000 180 000 140 000 120 000 100 000 80 000 60 000 40 000 20 000 STAGES 39 AGES 36 Debts Detailed t Dual Chart Base Plan Debts Det Yr 2020 225 401 225 401 Total Debts Home Mortgage Detailed Info Chart Controls f f Eig eS s en 41 43 45 47 49 51 53 55 57 38 40 42 44 46 46 50 52 54 Simulations vY Yr 2020 225 401 225 401 ul Total De
99. r the recipient of this document uvoyan Let s See Track College Savings and Expenses in the Cash Flow Assets and Expenses Charts Let s revisit the charts to check our progress 1 Click the Let s See button in the lower center section of the screen R See your plan on the chart The Let s See charts screen will display showing the Cash Flow chart 47 43 45 40 42 44 College savings will only display as inflows when cash is withdrawn from Single Chart Dual Chart Compare Plans these accounts Withdrawals will be made from college savings plans ae Cash Flow yt ie Expenses Sho automatically whenever funds are needed to pay college expenses Detailed I Contribution 2 Tick the Detailed checkbox in the chart panel near the bottom of the Select Hone screen The chart will display in its detailed view yte 1568 252 51 Wee Base Plan Cash Flow Detailed Si B a as voyant E Al inflows 790 452 aiat Expenses Shortfall Client New Open Save Whatlf Manage Plans 380 000 Zi Social Security T E Employment 241 905 Retirement Savings College Savings 346 54 To Savings aS 48 205 Saas Detailed Info Chart Controls 280 000 nn People Timeline 340 000 Employment 320 000 Other Income l Taxable Savings Retirement College 260 000 Real Property m amp amp pe wu i Debt 240 000 w Insurance i me 220 000 le Az Windfall Events 2 Taxes
100. r where your reports and images are Application Preferences currently being stored the Reports Base Directory is shown on this panel 3 Ifyou want change this folder click the Browse button navigate to and select a new directory 4 Click Save to save the new reports directory tor 5 Be certain to also click the Apply button in the lower K right corner of the Preferences screen to save this update into the software s preferences Note An additional setting is available on this panel to ensure that reports when they are opened automatically from the software will be opened in their native program Word PDF or Excel and not in your computer s default web browser Rebranding Reports Firms can also have their Word and PDF format reports permanently rebranded as part of Voyant s optional rebranding service Reports can be preformatted with the firm s logo color scheme and accompanying disclaimers or compliance statements Examples and additional information about rebranding can be found on the Voyant website VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant Conclusion Where to find more information additional resources and assistance This concludes
101. rence from Previous Year On this details panel you will find the following annual transactional details from the plan Cash Flow Income other inflows and funds drawn from assets Expenses Scheduled expenses taxes and contributions to savings investments and retirement plans Investments Savings Account balances growth rates net of account fees contributions and withdrawals Retirement Track contributions to and withdrawals from retirement plans payments from pensions Social Security benefits and annuity purchases Property Property values outstanding balances on any associated debts mortgages owner equity and ultimately revenue once the property is liquidated Debts End of year balances and annual payments Insurance Benefits and policy premiums VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant 5 Click the bar year in the chart below when John will be 62 year 2034 6 Click the Retirement tab for example to track retirement plans and benefits Base Plan Year 2034 Age 62 Cash Flow Expenses Investments Property Debts Insurance End of Year Growth Contributions Balance Rate Scheduled Unsched Withdrawals John s 40
102. rom the outset whenever a new client case file is created O Default Ages B Default Inflation Growth Rates Plan Preferences right show the settings that are being applied to the plan currently in view These preferences are plan specific and could be set differently in various what if planning scenarios If the defaults need to be changed within a client s plan be certain to make these updates in the Plan Preferences Preferences are Defaults Although preferences provide the defaults many of these settings including growth and inflation rates and account fees can still be modified for items O Asset Allocation individually within the plan E OT ii O Market Assumptions Expenses for example are grown using a default inflation rate taken initially from the Plan Preferences This rate can be changed for an individual expense however by editing the default inflation rate on the Expense screen s Inflation VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial l Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant 6 Expand the Investment Fees panel and verify that the settings on your computer match the following B investment Fees Taxable Deferred 0 5 Qualified 0 5 Tax Free 0 5 Life Ins
103. sh Flow chart The chart will appear virtually unchanged since our last viewing 2 Click the Detailed check box at the bottom of the charts in the charts panel Savings and investments will only display as inflows when cash is withdrawn from these accounts Withdrawals will usually be made by the software automatically whenever cash is needed to prevent expense shortfalls or when scheduled through draw downs The interest and dividend yield on accounts may also appear as regular inflows but only when they are not being reinvested Investments can be configured to take yield as income but for now we will accept the software s default which is to reinvest yield S Base Plan Cash Flow Detailed F voya nt 420 000 400 000 Client New Open Save Whatlf Manage Plans 380 000 Base Plan Active v 360 000 i People Timeline 720 000 Employment 320 000 Other Income 300 000 Taxable Savings Retirement 280 000 College 260 000 Age 62 r Yr 2034 l pe Real Property Total Expenses 43 268 T EES LEA i Debt 240 000 E Al inflows 153 192 ay Expenses Shortfall Insurance SP 220 000 E Social Security 44 645 Windfall Events ly i Employment 108 547 Retirement Savings 200 000 Taxes To Savings 20 868 Unallocated 104 923 Expenses E 180 000 Detailed Info Chart Controls P Overview 140 000 Reports n 120 000 a Customer Service ee i My Ac
104. sscode in the Confirm Passcode field 6 Click the Apply button to save these updates to a al Rina et k ee deere the System Preferences growth rate in the range 0 12 rather than 5 from each account s specified growth rate VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial l Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant Create a New Client Case File The Open Client Record Dialog After opening Voyant and signing in the Open Client Record dialog will then display This is where you can open existing client files or create new ones Open Client Record First Name Adviser Emal OOO Quick Start LastName CletEmal Sear Clean Sude we Client Last Modified Created l Client Email Connected To No results voyant Adviser 3 2 58 16015 Network Status CONNECTED click to check connection 1 Click the New Client button to start work on a new client file Let s create your first client file in this case for the Campbells Woyant Adviser 3 2 58 16015 VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely f
105. t in your trial of the software if you are not currently a subscriber the software s latest release notes if an updated release of the software was installed automatically to your computer and upcoming training opportunities 3 Click Continue to navigate through these informational screens VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial l Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document alvoyan t Use Voyant Advisor Offline Set Up Offline Synchronization Choose an Offline Passcode As a Rich Internet Application RIA Voyant Advisor normally operates using a live internet connection But the software can also be run in offline mode when no internet connection is available Travelling to visit a client Take Voyant Advisor on a laptop and use the software to create present or update a financial plan regardless of internet availability After downloading and first opening Voyant Advisor you will be asked whether you want to have access to client files when running the software offline 1 Select Yes if you plan to use Voyant Advisor Offline synchronization to access client information at least Would you like to setup your account to access portfolios when you occasionally in the offline mode are not connected to the internet O
106. t panel to tick all of the inflow categories The cash flow chart will be returned to its original state Single Chart Dual Chart Simulations Loss Capacity Cash Flow gt a Expenses Shortfall a Social Security o College Savings Detailed A Contribution Shortfall Employment Select All E Retirement Savings b g Taxable Savings 8 Click any bar year of the cash flow chart The chart legend will display Note The chart selection bar can be locked in place by clicking the thumbtack at the top of the chart legend Once locked you can still move from year to year by clicking the bars of the chart beneath The chart selection bar will Yr 2 vr Ae als 257 470 be locked in place automatically when you switch to the Detailed r All inflows Info panel Expenses Shorttall VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial l Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant 9 Click the Detailed Info link to view the details panel E H mr 7 Raj Ta ike iml ie y Taf Ha Sa 10 Select the Expenses tab A complete list of categorized expenses including taxes will be shown for the selected year together with contributions to retirement plans Detailed Info Chart Controls savings and investments which are
107. t unspent VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant Wy 2032 ihent John Detailed Info Chart Controls Voyant is preset to assume that one s spending will rise to meet one s income Parkinson s Corollary Income that is not being Spent on taxes and other expenses saved or invested is assumed spent Although this is the software s default Voyant can be easily reconfigured to deposit all unallocated income into the owner s default cash account e g John s Cash where it will If you want to change this setting click the Preferences link in the bottom left corner of the screen In Plan Preferences on the right side of the screen expand the Calculation Settings panel and tick Transfer Excess Income Credits to Savings Click the Apply button bottom right to save this change If you would prefer this to be the software s ongoing default as new client This setting applies only to habitual income Other lump sum inflows including net gains from the liquidation of properties ivoyant 4 Click the Detailed check box at the bottom of the charts in the charts panel 41 45 45 a 40 i Dual Chart Compare Plans Cash Flow af fea Expenses Shorttal Detaile
108. this warning message and select Download File if you wish to continue with the installation of Voyant Advisor hitps www planwithvoyant co uk voyant main launchinto appLauncher S027 fakeMsAppletLaunch false amp controllerPathPre TENE ae ai edi 3 sv i a a m ir Faworites qg E Suggested Sites B Web Slice Gallery Download File What s the Risk Information Bar Help ngdom Launching Voyant Java Web Start Application Opening InstallVoyantjnip Mozilla Firefox You have chosen to open InstallVoyantjnip installation options to download the which is INLP File Firefox will prompt you with two installation file for Voyant Advisor from https www planwithvoyant co uk Install Voyant jnlp or to open it using Java What should Firefox do with this file Web Start Save File K 1 Select the Open With option The Java Web Start Launcher should alr a dy e E Do this automatically for files like this from now on selected as the default program that will launch the file 2 Click OK to continue with the installation VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the rec
109. tirement Plans Retirement Plans including 401k Roth h 4 1k 8 Name Enter John s 40 401k 403b SEP and Simple IRAs can 9 Type Select AOI aaeain Etaio RA iaaea also be entered directly on the Retirement gt Savings screen where 10 Current Balance Enter 225 000 the current balance of the 401 k additional settings and options are at the beginning of the plan available 11 Annual Contribution Enter 8 John plans to contribute eight Advanced D Growth amp Withholding D Step Up Step Down Qualified Plans 13 of Contribution Enter 100 to indicate that one hundred Iy he Rests Name John s 401k percent of his future salary to this retirement plan 12 Employer Match Select Yes to indicate that John s company matches his contributions percent of John s contributions are matched by his company ane 14 of Salary Enter 10 to indicate that his company will match up to a maximum of 10 of John s salary 15 Click the Add button Add to the plan O Non Qualified Plans The income now appears in the ledger located on the right side of the screen Guide Me Community The Ledger The ledger always shows initial annual values Whenever an item needs editing always select it first in the ledger Details will be displayed in the fields left ready for updates HB College Start Alex VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CAS
110. to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document iwoyant Debts Additional options are available for the entry of mortgages and other debts including settings for the entry of an interest only mortgage monthly and year payment amount options and a special optional feature for setting a target payoff event For now let s leave the debt unchanged a Ledger Guide Me Community i voyant AW People Enter debts including mortgages college loans credit cards and automobile loans Click Add to enter John Client New Open Save a debt into the ledger Click Next to continue to Reverse Mortgage Julia Whatif Manage Plans Alex Base Plan Active v Ets Home Mortgage Martina EEIE 430 000 interest Rate E Interest Only ee 36 000 or Years aa Applied Monthly Yearly People Timeline i Employment Other Income Taxable Savings Retirement Actual Years To Payoff College Advanced Details Payoff Real Property TEENIS GI de Debt Debt Reverse Mortgage Insurance Windfall Events Taxes teko Expenses fiscael FE P Overview Reports Customer Service My Account Pre Retirement Preferences Help Linked Debt Payment Expenses How to Adjust Future Mortgage Payments Click the link icon beside the Home Mortgage in the ledger Two items will be shown as linked to the Campbell s mortgage Home Mortgage
111. ts By Tax Type Non Liquid Assets Tax Free left section of the charts panel located at Assets By Tax Type lal Cash Flow Qualified Taxable the bottom of the screen a z Tax Deferred College Savings 9 Select Assets By Tax Type VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial l Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document ivoyan The Assets chart will display presenting a breakdown of assets by tax type non liquid assets properties qualified 401k Roth 401k tax deferred traditional IRAs tax free Roth IRAs college 529 plans and taxable checking and savings accounts investments This chart tracks the growth of the retirement accounts savings and investments entered into the plan so far Age 63 j Yr 2035 B Total Assets 2 980 877 Tne Base Plan Assets 5 880 000 5 670 000 5 460 000 5 250 000 B Non Liquid Qualified WW Tax Deferred 2 377 749 Tax Free 5 040 000 Taxable College Savings 603 128 4 830 000 4 620 000 4 410 000 Detailed Info Chart Controls 4 200 000 3 990 000 Age 63 Fj Yr 2035 E Total Assets E Non Liquid Qualified 2 377 749 I Tax Deferred 3 780 000 3 570 000 2 980 877 3 360 000 3 150 000 Tax Free Taxable 603
112. ual salary Julia is already taking full advantage of her employer s matching contribution program 5 Goto the Advanced settings on the left side of the screen Expand the Growth amp Withheoldim Qualified Plans panel and its 401k Roth 401k 403b SEP sub panel Ho A E Step Up Step Down Qualified Plans future contributions to it Enter the following details about Julia s retirement plan and schedule her 6 Name Enter Julia s 403b 7 Type Select 403b 8 Current Balance Enter 45 000 9 Annual Contribution Enter 8 Julia plans to contribute eight percent of her salary to this retirement plan 10 Employer Match Select Yes to indicate that Julia s employer matches Non Qualified Plans at least part of her contributions 11 of Contribution Enter 100 to indicate that one hundred percent of Julia s contributions are being matched by her Guide Me Community employer 12 of Salary Enter 8 to indicate that Julia s employer will match up to a maximum of 8 of her salary 13 Click Add Nur k Julia s 403b 45 000 VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant Linking z Use Link Icons to Jump to Linked Items on Other S
113. ument alvyoyant Leisure Expenses The Expenses gt Leisure screen will display Expense Categories Vacations are an important part of the Campbell s lifestyle and they want to E E AE O AEE ton devote at least 12 000 annually to their travels Basics Leisure Luxury and Milestone 1 People Check the People panel expenses These screens are used f rimarily for categorization There is no located on the right side of the p y g SEE functional difference between these screen Checkmarks will indicate P expense types But categorizing expenses that the expense is incurred jointly 2 YP g JEX by John and Julia can be helpful to better distinguish different types of expenses in the 2 Leave these defaults in place to indicate that these are John and Julia s software s interactive charts and reports combined holiday expenses Legacy expenses are an exception The Make the following entries and selections in the fields to the left side of the Legacy expense screen is used to enter screen gifts and charitable contributions Unlike other expenses legacy expenses cannot 3 Expense Name Enter Vacations be co owned and will only be fulfilled from the individual owner s income and 4 Expense Amount Enter 12 000 liquid assets This rule is enforced 5 Applied Select Yearly indicating that this is an annual amount because as potentially exempt transfers gifts affect the IHT position of the giver a
114. urance Expense Rate 1 5 O Liquidation Order 7 Expand the Calculation Settings panel and verify that the settings on your computer match the following All of the options on this panel should be left deselected ES Savings Order Calculation Settings k iraner Excess Income Credits to Savings B _ Allow qualified withdrawals before age 60 _ Grow items by stage defaults 8 If any updates were necessary click the Apply button located in the bottom right corner of the screen to save these changes An Important Note About the Numbers Voyant Advisor is not a standstill program It is constantly being developed and updated to ensure that the software models taxation rules as accurately as possible The results shown in this guide were generated when the tutorial was written Even with matching preferences and duplicate entries future changes to tax code and subsequent updates to the software may result discrepancies between the results shown in your test client case and those illustrated in this guide Surplus Income How to Set Unallocated Income to be Saved Voyant is preset to assume that one s spending will rise to meet one s income Parkinson s Corollary Income that is not being spent on taxes and other expenses saved or invested is assumed spent Although this is the software s default Voyant can be easily reconfigured to deposit all unallocated income into the owner s default cash ac
115. ve ONo 2 Click Next 2 ien Enter an Offline Passcode As an additional security precaution an offline passcode password is used to encrypt client files and authenticate user credentials when Voyant Advisor is used offline Offline Encryption 3 Enter a passcode that is at least six In order to safely encrypt your files on this computer you must create a passcode When launching Voyant while not connected to the internet you will be prompted to enter this passcode This passcode can match your Voyant user Offline Passcode account password The code will be encrypted Must be at least 6 characters long and stored safely on your computer Bear in Confirm Passcode mind that like Voyant passwords offline characters long passcodes are also case sensitive 4 Click OK Note This passcode can later be changed and offline mode enabled or disabled if necessary by accessing Preferences in the lower left corner of the screen Expand Application Preferences to view the offline mode settings Later as you bring your computer online again client files will be automatically synchronized with Voyant s remote hosting environment Synchronization allows client information to be accessed from any computer at home in the office or on the go without ever transferring files from computer to computer VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial l Voyant Inc
116. vings screen Real Property 1 People First check the People panel located on the right side of the screen As the primary client John is already selected as the account owner Make the following entries and selections in the fields to the left side of the screen eee John s Stock Fori Account Balance eee ee 7 000 Pent ee 6 000 or E Mi Contribute Before Paying Expenses N Type Select Investment 3 Account Name Enter John s Stock Portfolio 4 Account Balance Enter 25 000 5 Cost Basis Enter 17 000 6 Annual Contribution Enter 6 000 Advanced 7 Under Advanced settings expand the Growth Growth panel 8 Growth Rate Enter 8 9 Account Fees Enter 1 ES Taxation O Asset Allocation VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial I Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant 10 Time Go to the Time panel located on the right side of the screen Selections on this panel will be used to set the time span over which the contributions are to be made to the account 11 Select the Event tab John plans to make contributions to this portfolio until he retires 12 Select a start event John will be making contributions to his investment portfolio from the start of the plan
117. will always be from the most recent report generated Whenever reports are regenerated a new time stamped PDF report will be saved along with the latest set of images from that report The high resolution images in these folders can then be easily selected and inserted into your firm s own custom Word or Excel reports if needed Folders a di Voyant Reports gt E Allen Mark a Christie William p Base Plan d July plan Cash Flow Cash Flow Expense ai Clach n C1iff Details png Simple png Details png di Base Plan a de Elmer Trevor di Base Plan a d Solomons Brian di Base Plan a de Thatcher Janet p Race Plan timeline png Voyant Voyant i Report 10302009 Report 10302009 gt de wim David VOYANT ADVISOR INTRODUCTORY TUTORIAL BUILD YOUR FIRST CLIENT CASE Tutorial l Voyant Inc 201 Voyant Inc proprietary information which is privileged confidential or subject to copyright belonging to Voyant Inc Use of this information is solely for the recipient of this document voyant Preferences Updating the Location of the Reports Directory The reports base directory is stored as a system preference To change the location of this directory or to discover the current location of your reports directory 1 Click Preferences in the lower left corner of the screen 2 Inthe System Preferences on the left side of the screen expand the Application Preferences panel The path to the folde
118. yan The Assets chart will display presenting a breakdown of assets by tax type non liquid assets properties qualified 401k Roth 401k tax deferred traditional IRAs tax free Roth IRAs college 529 plans and taxable checking and savings accounts investments This chart tracks the growth of the retirement accounts savings and investments entered into the plan so far 12 Click again on the bar year of the chart when John will be 45 and Julia 42 2017 the year prior to Alex s start at university The chart legend will display 2017 YT G o 4 Back College gt Savings E Total Assets 1 376 388 voyant Tarn Base Plan Assets LJ Non Liquid 624 060 Gients New Open savens 7 940 000 Qualified 618 930 4 Whatif Manage Plans 7 560 000 7 280 000 fal Tax Deferred People 7 000 000 Tax Free Timeline eteh Taxable z 73 393 6 440 000 Employment 6 160 000 Other Income College Savings 121 a TENA 5 880 000 axable Savings 5 5 600 000 Detailed Info Chart Controls Retirement a a a 5 320 000 College p Yr 2017 E Total Assets 1 376 388 E Non Liquid 624 060 4 480 000 Qualified 618 930 I Tax Deferred Tax Free 3 920 000 Taxable 133 398 3 640 000 College Savings 121 467 5 040 000 Real Property 4 760 000 Debt 65h 3 8 PO uw i Insurance i s 4 200 000 Windfall Events fe Az Taxes T b gt Expenses 3

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