Evaluating Goals and Objectives
  • 1 Identifying your values in an introductory meeting
  • 2 Develop short and long-term goals
  • 3 Review current financial positioning
  • 4 Analysis of cash flow
  • 5 Prepare a comprehensive financial plan
  • 6 Implement the strategies discussed to achieve goals
Retirement Planning
  • 1 Review retirement objectives
  • 2 Analyze available retirement options
  • 3 Project current and future cash flows
  • 4 Evaluate social security payout options
  • 5 Develop a distribution plan
  • 6 Implement strategies to maximize potential
  • 7 Update the retirement plan regularly to reflect life changes
Estate Planning
  • 1 Discuss estate planning goals and objectives
  • 2 Review current estate plan and will
  • 3 Review titling of assets and beneficiary designations
  • 4 Develop gifting and charitable giving plan
  • 5 Review and update plan regularly with estate planning attorney
Education Planning
  • 1 Discuss education objectives
  • 2 Develop an education funding analysis
  • 3 Compare available funding options
  • 4 Discuss tax incentives
  • 5 Update and review plan on an annual basis
  • 6 Review the distribution strategy
Insurance Planning
  • 1 Assess insurance needs
  • 2 Review current coverage
  • 3 Calculate appropriate amount of coverage
  • 4 Determine best insurance type to meet coverage needs
  • 5 Implement the policy strategy
Investment Planning
  • 1 Assess investment risk tolerance
  • 2 Analyze current portfolio
  • 3 Prepare investment plan to optimize portfolio
  • 4 Discuss tax implications to implement the plan and utilize tax-loss harvesting if needed
  • 5 Monitor and rebalance portfolio on an ongoing basis
  • 6 Modify portfolio given market and economic conditions