Financial Position
- A snapshot of your current net worth including all assets and liabilities
- A solid base from which to project your financial future
- Projections of wealth accumulation
Cash Flow Projections and Planning
- A detailed account of current spending and sources of income
- Projections of future income and spending
- Projections of major purchase spending needs
- Spending plans for retirement years
- Projections of cash flow needs during retirement
- Cash management strategies to simplify your personal finances
Strategic Investment Tax Planning*
- Financial strategies to minimize and possibly avoid payment of unnecessary taxes
- Detailed investment tax calculations to address AMT issues
- Tax focused investment planning
Education Funding Projections and Strategies
- Estimations of future education costs
- Savings strategies to plan for future education needs
- Investment tax planning related to meeting education needs
Investment Allocation and Portfolio Design
- Development of investment portfolio goals and objectives
- Risk tolerance assessment
- Current investment portfolio evaluation
- Asset allocation recommendations and personal investment policy and plan
- Specific target ranges for investment allocations
Retirement Income Needs and Strategies
Assistance with:
- Accumulating sufficient assets to generate sufficient income throughout the retirement years
- Evaluation of the use of a variety of retirement planning devices
- Critical considerations for portfolio withdrawal strategies during retirement
- Tax Efficient withdrawal strategies and priorities for each asset during retirement
- Investment tax planning for retirement income sources
- Portfolio transition as retirement approaches
- Performing detailed calculations to determine the assets needed for a successful retirement
- Statistical modeling to access the probability of a successful retirement under different scenarios and economic conditions
Wealth Transfer and Estate Planning*
Assistance with:
- Passing a client's estate to heirs in accordance with client's goals
- Minimizing federal and state estate taxes
- Minimizing probate expenses and estate administrative costs
- Evaluation of income and estate tax impact on your estate
- Strategies to enhance wealth transfers to heirs
- Beneficiary designation evaluation and strategies
- IRA instruction letters
- Strategies to effectively title your assets
- Review of documents critical to your estate plan
- Support to more effective use legal professional to develop or modify documents
Asset and Insurance Protection
- Evaluation of current insurance coverage
- Projections of the consequences of an unexpected loss
- Consequences of premature death, disability, accident and illness
- Asset protection strategies to protect wealth from potential legal actions
