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Financial Planning

Financial planning (and a great holistic financial plan) is like a blueprint for building your ideal financial life.

It will become your roadmap to help you achieve your goals, dreams and aspirations while still navigating life's uncertainties. It's about making informed smart decisions today for a more secure tomorrow.

Not only is it important, it is essential.

What will a financial plan do for me?

  1. A Financial Planning Solutions™ plan will empower you. Financial planning brings clarity to your financial situation. It helps identify where you stand currently and sets a clear direction for where you want to go.
  2. Help You Achieve Your Goals.  Whether it’s buying a home, funding education, retiring comfortably, or traveling the world, financial planning tailors a roadmap to reach your specific objectives.
  3. Help You Mitigate Risk.  Life is unpredictable, but a solid financial plan helps mitigate risks. It’s about preparing for the unexpected to safeguard your financial well-being.
  4. Give You Peace of Mind: Knowing you have a plan in place provides a sense of security and confidence, allowing you to focus on living your life to the fullest.

We are Certified Financial Planner™  practitioners.  Everyday, we are helping clients work toward the goals that are important to them.

Here are some of the areas that your personal financial plan could include:

Investments

Insurance

Taxes

Retirement

Estate

Cash Flow

Paying for College

Company Stock

Pre & Post Divorce

Social Security

Medicare

Widowhood

Student Loans

Charitable Giving

Investments

We're here to:

  • Determine your preference for risk

  • Build an investment strategy that coordinates with your financial goals

  • Invest low cost, diversified and tax efficient

  • Help you invest in alignment with your values


Insurance

Your ideal financial life hinges on appropriate coverages, so we will review in detail:

  • Life insurance

  • Umbrella insurance

  • Auto and homeowners insurance

  • Disability insurance

  • Long term care insurance

Taxes

We look at your tax situation today by reviewing your latest returns as well as offer some possible strategies to lower taxes in the coming year as well as in retirement.  This might include areas such as Roth Conversions, tax efficient investing, coordinating income in retirement to minimize Medicare surcharges, and student loans in relation to tax filing.

Retirement

It's what you work your whole life for

If these questions are on your mind, you're in the right place:

  • How do I know that I have enough?

  • When can I retire?

  • Will my money last throughout my retirement?

  • What return do I need?

  • How can I replace my paycheck?

  • How much do I need to save to be on track?

Estate

If the unexpected occurs, are you and your family prepared?

How we help:

  • Review beneficiaries on all investment accounts and insurance policies

  • Review wills, durable powers of attorney, health care proxies and trust documents to ensure your wishes would be carried out as you intend

Cash Flow

Spoiler alert! We're not here to give you a hard time over your daily Starbucks

What we will do:

  • Identify and help you build a plan to:

    • Pay down debt

    • Automate savings

    • Grow your wealth long term

Paying for College

We focus on how to save you on the cost of college if you have a junior or senior in high school or a newborn

For those with college quickly approaching, see our strategy to reduce the cost

Company Stock

Navigate the complexity of equity compensation with RSUs, ESPPs, ISOs and NSOs

Helping you to understand what your options are and strategize around efficiently selling / exercising shares

Divorce

Pre-divorce - Helping you determine which assets are most valuable to you

Post-divorce - Through our post divorce planning process, you will have a sense of empowerment and peace of mind as you transition to your new life

Social Security

Evaluating your options on when to take Social Security

Reviewing the impact of your Social Security strategy on your retirement income plan

Medicare

Evaluating when to start Medicare given your situation.  If you are married, single, working, or have a spouse that is still working, you have options and we will walk through these together.

Original Medicare, Part A, Part B, Part D, Medigap, and thousands of Medicare Advantage plans to choose from, we will help you on the path that makes the most sense for your situation.

Widowhood

When you’ve lost your spouse, your financial picture has changed dramatically. You want to make sure that the decisions that you make now protect yourself and your loved ones.

Our compassionate approach will help put you at ease.

Student loans

Assistance in designing your student loan plan

  • What student loan plan type makes the most sense for your situation

  • How your tax filing status will impact your loan plan

  • Strategies designed to minimize payments / maximize forgiveness or help you to most efficiently pay down your loans

  • When to consider refinancing as part of your loan plan

Charitable Giving

Let's maximize your impact.

We'll help you support your favorite organizations and charities and do so in a tax-efficient manner, coordinated with your financial plan.



Where do we start? 

Here is how our financial planning process works:

Step 1

Initial Meeting

We start with a 20-minute complimentary call so we can learn more about what is really important to you and if we’re a good fit to work together. If not, we are happy to refer you to another professional. At the end of this call, we'll provide you with an estimate of the cost of your personal financial plan.

SCHEDULE NOW


Step 2

Discovery Meeting

In this meeting, we've reviewed your documents ahead of time. This allows us to delve deeper with a clear and shared understanding of exactly what you would like to accomplish. We'll review your current scenario and ensure we have an accurate representation of your current financial state.


Step 3

Draft Meeting

In this meeting, we'll review the current status of your finances and how things may look if no changes are made. Based on this, we'll suggested potential adjustments that can be made to get you to a better place financially.


Step 4

Presentation  Meeting

Your finalized plan is presented along with an action plan and recommendations. The plan brings you all the way up to the point of implementing your plan and carrying out our agreed upon recommendations.


Your financial plan is a roadmap to help you achieve your goals, dreams, and aspirations while still navigating life's uncertainties.  It's about making informed smart decisions today for a more secure tomorrow.

$2,000 - $7,000 depending on the complexity of your plan


Click Here To learn more about our FPS Wealth Management Program™


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