In the Dream phase, you told us what you wanted to achieve. During the financial planning process we analyze what you have and where you are relative to where you want to be. Mutually we will assess which level of service, personal financial planning, investment planning or our premier wealth planning services. The following offer some of the financial planning areas we assist clients with:
Retirement Accumulation Financial Planning
Compares your current income and capital resources funding projections against your expected costs in retirement. The module then provides options for consideration if the analysis results in a shortfall.
Financial Fundamentals Financial Planning
Examines your basic financial condition, including net worth, income, expenses, and current cash flow. The module also provides an analysis of your available reserves in the event of an emergency.
Education Financial Planning
Compares your current funding projections against the expected costs of higher education. The module then provides options for consideration if the analysis results in a shortfall.
Accumulation Goal Financial Planning
Compares your current funding projections against an expected capital expenditure. The module then provides options for consideration if the analysis results in a shortfall.
Asset Allocation Financial Planning
The Asset Allocation module presents your current assets broken down by asset class and asset type. The module provides a risk tolerance questionnaire, and the answers provided are used to produce a recommended asset allocation for you.
Estate Planning Financial Planning
The Estate Planning module illustrates the distribution of assets to heirs and the payment of taxes and fees that occur at you and your spouse or partner’s deaths. The module then allows us to work with your counsel to design estate plan changes, and to illustrate and compare the impact of those changes.
Asset Protection Financial Planning
The Asset Protection module examines your available insurance, and the impact of unforeseen events. Death and disability are viewed through the resulting loss of income. Finally, the need for an umbrella policy to protect the client across multiple policies can be analyzed.
Disability Insurance Financial Planning
The Disability module examines the impact of an unexpected disability on you and your family. The analysis determines your lost income and how disability coverage could help replace the lost income.
Life Insurance Financial Planning
The Life Insurance module examines the impact of a premature death. The analysis determines the survivor’s ability to maintain the desired standard of living and how much life insurance is needed to cover any shortfall.
Long Term Care Insurance Financial Planning
The Long Term Care module examines the impact of a long term care health event. The analysis projects the accelerated liquidation of the client’s capital resources and conducts a cost comparison of new long term care coverage.