The Financial Planning Process
CREATING A COMPREHENSIVE FINANCIAL PLAN
- Develop a clear picture of your current financial situation by reviewing your income, assets, and liabilities, and evaluating your insurance coverage, your investment portfolio, your tax exposure, and your estate plan.
- Establish and prioritize financial goals and time frames for achieving these goals.
- Implement strategies that address your current financial weaknesses and build on your financial strengths.
- Choose specific products and services that are tailored to pursue your financial objectives.
- Monitor your plan, making adjustments as your goals, time frames, or circumstances change.
CREATING A PASSPORT TO A SUCCESSFUL RETIREMENT
- Learn about obstacles to a Successful Retirement
- Envision Retirement
- Assess the Cost
- Evaluate Sources of Income
- Manage Your Tax Liability
- Protect Your Health & Wealth
- Invest for the Future
- Choose a Distribution Method to Tap Assets
- Preserve Wealth in Your Estate