Sample Plan

This planning process becomes your roadmap to making financial decisions going forward. This is a great tool to use to be sure we are giving you our best advice that meets the uniqueness of your situation. No two plans are ever the same! This also helps us create a lifelong relationship with our clients. We want to be there for you in your future financial decisions and be a sounding board to help you achieve your goals!

Cash Flow – Income Flows:  

Cash Flow – Income Flows:  

Our plans look at the various income streams you have now and expect to have through your lifetime.

Cash Flow – Expenses:

Cash Flow – Expenses:

This section of the plan looks at your current expenses for things like taxes, insurance, debts and everyday living.

Amortization of Debts:

Amortization of Debts:

Amortization charts can help us create debt payoff strategies.

Balance Sheet:

Balance Sheet:

The balance sheet is a snapshot in time to show you your current net worth. This is calculated by adding your assets and subtracting any debts you have. This is one way to monitor your progress year over year. 

Income Tax Planning:

Income Tax Planning:

This section does not provide tax advice but is used to assist in future projections and how various recommendations can impact the taxes you may owe in the future. 

Asset Allocation:

Asset Allocation:

We spend considerable time assessing your current risk tolerance and understanding how your assets are currently positioned. This section can be a helpful tool in discussing any allocation changes that we feel are appropriate based on your risk tolerance and future goals.

Retirement:

Retirement:

Many people come to us with the question, “Will I have enough money to retire or to live out my life financially secure?”. This section helps us asses your retirement goals and your ability to meet those goals as well as provide specific recommendations to help you get, or stay on track. 

Risk Management:

Risk Management:

These sections cover some of your biggest risk!  We look at what happens if you can’t work, if you pass away, and if you need long term care so we can understand the risk you and your family may have.

Estate:

Estate:

We conclude with looking at the legacy you may be leaving to your loved ones and charities.  The estate section looks at current estate rules and projections of where you may be in the future.