Financial Planning
A Financial
Plan outlines how a client can get from where they are now (current status) , to where
they want to go, (reflecting their financial and other life goals.)
These plans determine what a client (or family) should be doing in the next year or two that will be most helpful in achieving their
longer-term goals.
One of the biggest reasons for lack of planning is that
people never start.
Those who are most successful, start by developing a
"savings momentum" which can be incorporated into a comprehensive financial,
estate, retirement plan and give peace of mind and the rewards of a desired retirement
lifestyle at some planned future date.
Financial Planning does not have to take a lot of time and
does not need to be expensive.
We have developed a very efficient process and offer this
as a service to our investment clients.
A good starting point is listing current assets,
liabilities, investments, insurance coverage as well as income and expenses. Then a
household budget can be developed to reflect current income, expenses and incorporate
discussed and agreed-to changes to better increase the chances of success of meeting
goals. We work with the concept of a "savings momentum" which is integrated into
schedules and graphs to illustrate debt repayment, education funding requirements and
retirement funding, demonstrating goal achievement.
Individuals and families can benefit from developing a
strong savings momentum and can include the planning of
- Saving for house down payment
- Accelerated mortgage payments
- Saving for children’s education
- Saving for retirement and other
assets
Contact us to arrange a Free Consultation. |
