Comprehensive Financial Planning

If you don’t know where you are going, how do you expect to get there?

Comprehensive financial planning encompasses your full financial situation.  Sometimes you may just need a few key questions answered (that is what our hourly meetings are for) and other times you need ‘the works’ – maybe you are at a crossroads in your career, preparing for retirement, planning for a major life event or want to develop goals and a roadmap for your future.

Our Comprehensive Financial Plans are customized to your needs and usually include running multiple scenarios that will include a mix of the following issues that may be important to you:

PERSONAL FINANCIAL

• Budgeting and cash flow analysis
• Savings and goal planning
• Scenario analysis (moving to a larger home or remodeling, job transition/career change, planning for a new baby)
• Financial goals planning (i.e., college funding, retirement saving, home purchase/sale/remodel)

INVESTMENTS

• Asset allocation, portfolio review and re-balancing
• Customized, actionable investment advice (purchases/sales, trade instructions)
• Account specific advice (i.e., rollovers, consolidation, Roth conversions)
• Education planning and funding
• Objective review of third-party investment managers

RISK MANAGEMENT

• Life insurance needs analysis; amount and type of insurance
• Disability and long-term care insurance recommendations
• Current property and casualty insurance policy review (auto, homeowner’s, umbrella)

TAX PLANNING

• Tax projections
• Tax implications of various financial decisions (i.e., home buying, option exercise, Roth conversions)

RETIREMENT PLANNING

• Income and cash flow needs 
• Goal planning and scenario analysis
• How much to save; which accounts to fund
• When to draw social security
• Pensions (lump sum vs. income – which option to choose)
• How to take distributions from your accounts strategically

ESTATE PLANNING

• Recommendations on estate planning documentation needed
• Referral to qualified estate planning attorneys or online resources

SPECIAL PROJECTS

• Rental real estate
• Stock option planning
• Other projects as requested

After all recommendations are put into action, we move to a retainer engagement to continue to work with you over time to monitor, fine-tune and maintain your plan. You can learn about our fees here.