Our comprehensive financial plan will help you determine the appropriate insurance, investments, taxes, and estate planning to meet your goals and objectives. As part of our process, we will evaluate income, cash flow, debt, insurance, employee benefits, tax planning, and other financial elements to provide you with specific actionable recommendations. Our comprehensive financial plan is customized for each individual client to address even the most complex financial goals and situations. The core components of the comprehensive financial plan include:
Documented goals and objectives
Written recommendations to meet goals and objectives
Written detailed cash flow projection(s)
Written net worth statement
Federal and state tax return review(s)
Tax management strategies and techniques
Education planning projections and funding recommendations and strategies
Baseline retirement projection(s) featuring Monte Carlo stress-testing analysis, integrating and coordinating savings recommendations, distribution planning, and investment strategies.
His/hers Disability projection(s) and disability insurance policy review
His/hers Life insurance projection(s) and life insurance policy review
Long-term care needs analysis and long-term care policy review
Home owners, automobile and liability insurance coverage review
Debt analysis and management strategies for mortgage, HELOC, auto, and revolving credit lines
Carry cost and break even analysis for real estate sales, including real estate market and interest rate outlook and data
Estate plan scenario analysis and flow charts
Review of current estate plan documents
Coordination of beneficiary designations
Liaison and personal representative for situations involving other advisors (attorneys, accountants, insurance agents, realtors, etc.) ensuring accuracy and completeness for every aspect of your plan
The financial planning reports and projections are based on the information and data provided by each client, which may include: assets, liabilities, income, expenses, tax returns, employee benefits, goals and objectives, risk tolerance, investment objectives and/or investment restrictions.
Contact us if you would like to set up a meeting to review a sample comprehensive financial plan.