Our 3-Stage Financial Planning Process
Introduction call
Before we get started a 20 to 30 minute intro call will take place to make sure I know what you are looking for and the service is right for you. After this an agreement is signed and we can move forward (no pressure).
Stage 1: Discovery & Goal Setting
Our journey begins with a discovery meeting where we get to know your financial situation and your vision for the future. In this stage, we’ll discuss:
- Net Worth: We’ll assess your current assets and liabilities to get a clear picture of where you stand financially.
- Cash Flow: We’ll analyze your income and expenses to ensure your spending aligns with your goals.
- Retirement Goals: We’ll explore what you want your retirement to look like, including lifestyle, travel, healthcare, and any one-time large expenses.
- Planning for the Future: We’ll discuss your long-term financial goals, such as setting aside funds for health care, travel, or any other major life events.
This stage is about understanding where you are now, where you want to go, and setting a foundation for the comprehensive plan.
Stage 2: Plan Creation
After gathering all the necessary information, I’ll get to work on building a comprehensive financial plan that reflects your unique needs and goals. This plan will include:
- Retirement Analysis: I’ll determine whether you have enough saved to meet your retirement goals and if any adjustments are needed.
- Investment Planning: I’ll evaluate the returns required to meet your goals (without making specific product recommendations).
- Risk & Expense Adjustments: I’ll factor in one-time expenses and any potential risks that could affect your long-term financial security.
My goal here is to create a detailed, actionable plan that gives you peace of mind while ensuring all aspects of your financial future are covered.
Stage 3: Plan Presentation & Guidance
In the final stage, we’ll meet again for a clear and concise presentation of your plan. During this session, I’ll:
- Highlight Your Progress: I’ll show you where you’re on track to meet your goals and identify any areas that need improvement.
- Offer Simple Recommendations: If you’re falling short in any areas, I’ll provide clear, practical steps you can take to make the necessary adjustments.
- Ensure Full Understanding: I break down the financial details in an easy-to-understand way, so you feel confident in your plan moving forward.
At this point, the plan is fully accessible for annual updates and ongoing monitoring. We’ll continue to track your progress and adjust as needed to ensure you remain on course for the future you envision.