How Financial Planning Works
Meeting with a financial planner can be intimidating. Here’s what to expect.
Step 1) Intro Call
Step 2) Organization
Step 3) Your Financial Plan
Step 4) Monitor & Update
Step 1) Intro Call
The goal is to get to know each other. We want to make sure this is the right fit for you. We will discuss your goals, and our process in more detail. The purpose of this call is to see if it makes sense to work together.
Step 2) Organization
We will gather and organize all of your financial data in one spot. Having everything organized feels great!
Step 3) Your Financial Plan
The Financial Plan will provide:
- Understanding of your current financial situation
- What areas we recommend making adjustments to
- How and when we will make those adjustments
- The plan to stay accountable to stay acountable to the plan
Step 4) Accountability and Adjustments
Life will happen. Time will bring changes.
We will continue to meet together at least quarterly to adapt and plan accordingly.
Finances for Every Phase of Life.
Your life situation is unique. Your plan should be too.
Cash Flow and Debt Management
We’ll guide you through setting up a Cash-Flow System to make sure your cash flow is going where you want it to. Be that debt pay-off of other important goals.
Credit Card POints Planning
Based on your spending, we’ll help you identify the right credit card and reward programs to take advantage of to maximize travel and other benefits.
Insurance & Estate Planning
It’s amazing how overlooked this area is by most households. We review your current individual policies, property & casualty, group benefits, and other insurance policies to determine how much protection you need to keep your finances intact should something happen while making sure your assets are protected.
Education Planning
We’ll make sure you are allocating your dollars appropriately and taking advantage of every education perk available.
Risk Management
A risk management review includes an analysis of your exposure to major risks that could have a significant adverse impact on your financial picture, such as premature death, disability, property and casualty losses, or the need for long-term care planning.
Retirement Planning
Retirement is a word thrown around with much negativity. The truth is everyone has an individual definition for it. Do you plan to stop work altogether? Maybe still working but you want to supplemental income? Based on what your goals, we’ll determine the best recommendation for you.
Tax Planning
Are you fully aware of the potential tax deductions, credits, and other consequences you may incur? We make sure that you are in the most cost-effective position for your situation.
Real Estate Planning
Are you planning on buying your dream home? Or perhaps you’re looking to sell it? Real estate holds unique tax perks that should be analyzed with care when making an executive decision and our plans take this into account.
Investment and Stock Options Planning
Not sure if you’re maximizing your investments or stock options? In evolving markets, you need a portfolio optimized to match your time horizon and your liquidity needs. A combination of low-cost funds and tax-efficient allocation ensures your returns enhance your goals and we help build a plan that’s unique for your situation.