The financial planning process starts by determining where you are now. This includes calculating your net worth, your cash flow, and your short- and long-term goals. Strategies to help you reach those goals are then developed.
A comprehensive financial plan will review:
- Cash flow
- Investments
- Income tax situation, including income and deductions
- Retirement plans
- Education funding
- Insurance coverage to determine if you have an appropriate amount (not too much or too little) and if you have protected yourself against the appropriate risks
- Estate planning
- How your business (if you own one) impacts your personal situation
Financial planning is a complex process, requiring the coordination of all aspects of your finances. Please call if you'd like help with your financial plan.
Financial planning offered through LPL Financial, a registered investment advisor