Description
Financial Plan | Comprehensive Personal Financial Plan & Report
Get a fully customized comprehensive personal financial plan and step by step plan to action.
We appreciate that you have questions and concerns as you work to attain and preserve financial security. Today’s financial environment is complex and in many regards, uncertain. The decisions you make regarding work, spending, investment, and retirement, both now and in the future, will significantly affect your financial condition over the long term.
The plan will be based on the confidential information you provided regarding your present resources and objectives. While illustrations within this plan can be a valuable aid in the examination of your finances.
There will be custom made hypothetical illustrations of mathematical principles and models to illustrate some potential situations and transitions you may face in your financial future. Hypothetical assumptions that will be used in these illustrations will be specifically chosen to communicate and demonstrate your current financial position and highlight for discussion with your advisor the complex future interacting effects of combined incomes, expenses, savings, asset growth, taxes, retirement benefits, and insurance.
Here’s what’s included:
CASHFLOW ANALYSIS
• Income & expense statement
• Analysis of your cashflow
FINANCIAL GOAL STATEMENT
• Income plan
• Savings plan
• Investment plan
• Insurance plan
STATEMENT OF NETWORTH
• Networth statement
PLAN MAIN ELEMENTS
BUDGET PLANNING
• Risk assessment and management plan
• Investment plan
• Retirement plan (w/ Monte Carlo Simulation)
• Insurance Plan
• Tax Plan
• Estate Plan
PLAN INTO ACTION
• Implementation plan
:::::::::::: WHAT YOU’LL GET ::::::::::::
A fully customized comprehensive Financial Plan report that you can use as a guide.
IMPORTANT INFO
No ongoing service is included or investment management service.
This is a simplified financial plan that will get you started on your financial journey.
Financial planning is an ongoing process.
