Life Planning
Our Financial Life Planning service is designed to be an in-depth and empathic discovery process that helps us uncover your most important life goals. Drawing on our training from the Kinder Institute of Life Planning, we work closely with you to ensure that your unique vision and aspirations are at the forefront of our planning.
Many of our successful clients have found immense value in partnering with a trusted advisor who keeps them focused and accountable. Together, we will create a financial plan that serves as a supportive roadmap, guiding you toward the most meaningful and rewarding life you can envision.
Our Process - During our initial consultation, we will explore whether your needs align with our services. This meeting allows us to assess the complexity of your financial situation and discuss our fees for creating your Financial Life Plan. To make the most of our time together, we kindly ask that you provide the completed Confidential Client Data and Net Worth Statement forms, along with your recent financial statements. Once you decide to work with us, we typically schedule five to seven planning meetings, which occur every three to four weeks, to ensure we stay on track with your goals.
Exploration - In this phase, our goal is to gain insight into your vision of the future and what drives you. By clarifying your aspirations for a fulfilling life, we can create a plan that aligns with your Life Vision. This exploration typically takes place over two meetings. We will ask you to complete thought-provoking assignments, i.e., Communication Preferences and Wellness Worksheet, for your meetings to facilitate our discussions.
Vision - Creating your Life Vision invites you to articulate your dreams and capture your passions for living a fulfilled life. It is a grounding, life-affirming exercise that sets the direction to who you are at your core.
Obstacles - We will examine the challenges you encounter and guide you through understanding any barriers hindering your progress toward achieving your Life Plan. Among other assignments, you will complete your money autobiography which can help you identify any obstacles. Following these discussions, we will initiate the Financial Planning process and assist you in developing a strategic plan aligned with your vision and designed to implement your goals while navigating your obstacles.
Knowledge - Our Financial Life Plan provides a comprehensive overview of your vision and goals, supported by detailed spreadsheets, graphs and Monte Carlo simulations to test out the probability of your success.
This plan includes:
- Projections for retirement income
- Strategies for wealth management
- Analysis of risk and insurance planning
- Tax planning strategies
- Assessment of Long-term care needs
- Strategies for education funding
- Review of estate planning
- Analysis of cash flow and loans
Execution - Successfully implementing your plan is essential for achieving your vision and life goals. We believe the chances of success increase when you use a skilled investment management team and adhere to a disciplined investment process. Our investment approach aims to enhance the clarity and quality of each critical decision throughout the investment process, which is typically completed within three to five months.