We believe financial planning is about managing your financial goals, expectations, needs and values while combining factors unique to you and your family with a plan to make it happen. More than anything, it is about taking care of people and creating a path towards successful and effective results.
We recognize that the financial planning process is one that is unique from person to person. One person’s needs, values and objectives are likely different to that of their friend or neighbor. Part of our multi-faceted financial planning process can include additional services and resources that may not be a primary focus of yours, but are certainly part of our discussion if applicable to you.
The initial phase of developing a financial plan involves a process of information gathering and goal setting. Together, we typically review:
- Your goals: personal, professional, and family
- Who you are and your values
- Causes you care about
- Your financial resources
- How hard you want to work / how much you want to play
- Your health and any specific issues
- When you want to retire
- What type of retirement you want to have
- Personal factors that are unique to your situation
Here, we strive to help answer important questions about potential choices and what could follow through a discussion and educational process. Together we will build a plan, implement and monitor our progress. Working together, we make adjustments as life and its many chapters unfold.
Tax planning is an additional area of emphasis that is integral within the financial planning process. We believe sound tax planning focuses efforts on what you keep, not what you make. Tax planning can impact numerous financial planning decisions such as timing of gifts and property transfers, receipt of social security income, or minimum distribution requirements from retirement accounts, as well as the same of an investment, property, or business.
We are not accountants, but tax planning is an important component of a financial plan. Our goal is to facilitate a process of decision-making through education along with a coordinated effort that includes your accountant and related advisors.