FINANCIAL PLANNING
As you plan for the future, you might think about large-scale financial concerns: how much to save for retirement, what college tuition for your children will cost, whether to refinance a mortgage, etc. Having an active financial plan in place is one of the best ways to provide clarity and guidance. We encourage all clients to create a financial plan using our six step process.
DETERMINE SCOPE
Some projects require a large-scale fully detailed plan, while others might need something simpler, such as college planning or insurance needs. This step would determine which level of planning is needed.
ESTABLISH END GOALS
We will work together to determine the outcome you desire for the future. This could be redefining your goals all together or making small changes to current ones.
ANALYZE STATUS
Our team will analyze your current financial status and how it correlates to your goals. We will predict challenges and plan for how to best overcome them together.
PRESENT PLAN
After a detailed analysis is completed, we will sit down and go over our conclusions and what can be done to accomplish your goals.
IMPLEMENTATION
This step is where we start to see the hard work pay off! Small steps begin toward the end goal.
MONITOR AND ADJUST
We will check in on your progress and make adjustments as needed. And most importantly- celebrate the milestones!