Getting to Know You and Your Goals
Your goals, needs, and concerns are unique. Your plan should be unique too. We start our planning process with a conversation. In this conversation, we discuss your objectives.
What does your dream retirement look like? Where do you see yourself in the future? What risks or threats could derail your retirement dreams? These are just a few of the questions we try to answer during our initial conversation.
During this stage, we also seek to better understand your finances. How much do you have saved for retirement or other goals? How are your assets allocated? What does your tax picture look like? We analyze your finances to determine a baseline for your future strategy.
Developing a Plan
Once we understand your goals, risks, and your current financial situation, we start the process of developing your plan. While your plan may include many components, it's all about answering one basic question:
How do we get from your current status to your objective, with as little risk as possible?
Again, the actual plan itself will depend on your goals and needs. Some of the areas we may address could include:
- Savings strategies
- Investment management
- Insurance and risk protection
- Tax management and minimization
- Income strategies for retirement
- Estate planning
- Long-term care funding
- And more
Our plans are comprehensive, and they're guided by your unique concerns and objectives. We present and discuss the plan and tweak as needed with your input.
Implementing the Plan
Once we've developed your financial plan, the next step is to put it into action. Again, the specific actions at this step depend on your unique plan.
At this stage, we may transfer investment accounts and reallocate them. We may work with you to put insurance and other risk management strategies in place. We may restructure assets to take advantage of tax opportunities.
The previous step was about planning; this step is when the plan turns into reality. Our team works with you every step of the way to make this process as seamless as possible.
Reviewing the Plan
There's no end date on a financial plan. Just as your life changes, so too do your financial objectives and needs. Your tolerance for investment risk may change. Your family needs could change. Your dreams for retirement might change.
It's impossible to predict the future, which is why no financial plan can ever be considered permanent. We'll meet regularly to review your plan and make adjustments as needed.
Life changes. We're here to serve as your partners through any changes that may come your way.
Let's connect today to discuss your planning needs. Maybe you don't have a financial plan. Or perhaps you do have one, but it doesn't reflect your current needs and goals. Either way, you may benefit from a financial planning consultation.
It all starts with a no-cost, no-commitment conversation. We'll discuss your goals, needs, and concerns and then agree on next steps. Contact us today to start the conversation. We welcome the opportunity to help you take control of your financial future.
