What are some of the benefits of undertaking a financial planning process?
• Develop an understanding your current financial situation and providing a framework for making financial decisions. • Assistance in making adjustments to income and expenses necessary to meet your personal objectives. • Develop an understanding of what size of nest egg is required to meet your retirement objectives. • Review of your investment portfolio and recommended adjustments. • Determine how to plan for major expenses like college funding. • Review of potential risk exposures and insurance coverage needs. • Recommendations as to the need for new or revised estate documents and strategies for improving distribution of an estate.
