Building Your Life's Financial Plan
Have You Thought About ... ?
Personal and Family Goals / Needs
- During my lifetime, what do I want to accomplish for myself and my family?
- Should we help our children or grandchildren pay for school?
- How can we help our aging parents live with dignity?
- If we have family members with special needs or unique circumstances, what should we be thinking about?
Assets / Resources
- Am I saving enough to support my family now and for the future?
- How can I manage my resources more efficiently and effectively?
- What should I do to organize and simplify my investments?
- How will I know if I'm on track to meet my financial goals?
Liabilities / Risk
- How can I preserve what I've accumulated?
- What should I do to protect my family if I should die or become disabled?
- Am I responsibly managing my debt?
- Is my portfolio positioned to withstand difficult markets?
- Are there any tax issues I should consider?
Retirement / Financial Independence
- Will I be able to maintain my lifestyle once my paycheck stops?
- Do I have enough to retire without burdening my family?
- Am I spending too much or not enough?
- How will I manage if I get sick and need ongoing care?
- Who can act on my behalf if I am no longer able to do so?
Legacy / Estate
- Are my accounts and estate documents set up correctly so my assets will transfer easily to my beneficiaries?
- Should I gift to the people or organizations I care about now ... or later?
- Do we need to be concerned with estate taxes?
- How do I want to be remembered?