The Six Areas of Financial Planning

1) Your Current Situation

  1. Your Cash Reserve
  2. Your Budget
  3. Your Cash Flow

2) Protecting what you can’t afford to lose

  1. Insurance
  2. Life Insurance
  3. Disability
  4. Long Term Care

3) Taxes

  1. Short Term Strategy
  2. Long Term Strategy

4) Investments

  1. Most Tax Efficient
  2. Least Costly
  3. Risk vs. Return

5) Retirement

  1. Balance Your 401K
  2. When Do You Want To Retire?
  3. What Lifestyle Do You Want?
  4. Making Your Money Last

6) Your Estate

  1. Wills, Trusts
  2. Buy / Sell Agreements
  3. Family, Church & Charity, Uncle Sam?