Financial Planning

Comprehensive Financial Planning

Benefits

• Know what you need to do now to be able to retire when you wish and in the style you wish.
• Ease of decision making provided by having a clear framework within which to make good decisions and an understanding of the trade- offs and alternatives available to you.
• Know when it is OK to spend more and do it with a free mind knowing your future is planned for.
• Maximize the chance of reaching your objectives with good solid strategy.
• Goal Setting

Included

• Complete review of investment goals, risk tolerance, current holdings, asset allocation, stock concentration
• Cash-flow Summary:  Sources of Income, and Expenses
• College Funding Analysis
• Long term retirement calculations:  to determine savings rate needed to be on track for desired retirement income level and for assets to last through retirement
• Retirement Funding Plan:  Income plan by source and specific amount
• Assessment for life, disability and long-term care protection
• Recommendations to reach realistic goals for retirement and withdrawal strategies
• Social Security maximum benefits
• Annual Reviews

Procedures

• Meeting 1 – Get Acquainted – Discuss your present financial situation, your financial goals and concerns.  Determine what you hope to gain from an advisory relationship.  Answer your questions and determine if we are a good fit to be your advisor.  Together if we decide to go forward, you will be given a list of information you will need to compile.  We both sign a Service Agreement.
• Meeting 2 – Fact Finding Review – Compile, organize and verify your requested data.  Determine if additional information is needed.  Define assumptions for analysis and goals to achieve.
•  Meeting 3 – General Analysis and Strategy Discussion – A plan is developed for an overall review.  Goals are refined and prioritized. 
• Meeting 4 -- Analysis and Plan Formulation – A final analysis report is generated and presented, including specific recommendations and a detailed action plan.  Full payment is due.
•  Meeting 5 – Plan Implementation and Follow-up – Review and answer questions regarding recommendations and timeline for implementation of plan.  Schedule financial review and update meetings for the coming year.