OUR SERVICES
Planning Your Life Stages
Your financial goals will change as you go through different stages in your life. A well thought out financial plan will guide you through each stage. Our goal is to provide education and guidance through this process.
Starting Your Career
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Cash flow and expenses analysis. What is coming in and what’s going out.
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Establish a savings account for short-term needs and emergencies.
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Understand all of your company benefits.
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Debt management and pay down plan.
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Plan out the next three years of financial needs.
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Save in your company retirement plan or set up an IRA.
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Establish a non-retirement investment savings plan.
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Life insurance to cover debt. Disability insurance to cover income.
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Execute a power of attorney and health proxy.
Mid-Career / Family Life:
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Continue to save and increase contributions to company retirement plan.
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Emergency savings account – 3-6 months of expenses.
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Develop a retirement projection to make sure on track with savings.
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College/Education savings plan.
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Additional savings to investments.
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Life insurance to cover mortgage, capital to replace income to support family, and education/college costs.
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Increase disability coverage as income increases.
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Company benefits to take advantage of pre-tax savings account and supplemental benefits.
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Implement a comprehensive estate plan.
Getting Close to Retirement / Late Career
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Review and update retirement projection to make sure you are on track.
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Review current debts – develop a plan to pay down.
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Review current risk of investment portfolio.
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Plan for long-term care needs.
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Health insurance plan – signing up for Medicare and exploring supplemental plans.
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Strategy for social security payments.
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Review current beneficiary designations for retirement accounts and life insurance plan.
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Review estate plan – updates for changes in family.
Last Steps to Retirement
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Calculate your estimated retirement income sources – identify income gap.
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List of your anticipated expense.
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Review debt.
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Have 1 -2 years of savings in a money market/bank (can be in your IRA/retirement account).
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Sign up for Medicare and finalize supplemental plan.
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Project tax
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Finalize social security payment plan.
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Distribution income plan – best way to take income from your savings.
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Capital expenses: updates to home, car.
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Estate plan updates.
