Financial Planning to Achieve Life’s Goals
Get a “big-picture” view of a your financial situation and receive planning recommendations to help get you where you want to be.
Whether you’re planning on buying a home, saving for your child’s education or planning for retirement, our CERTIFIED FINANCIAL PLANNER ™ Professional or CFP®, is here to help reach your goals.
The importance of financial planning
Financial planning provides direction and meaning to your financial decisions. It allows you to understand how each financial decision you make affects other areas of your finances. For example, buying a particular investment product might help you pay off your mortgage faster or it might delay your retirement significantly. By viewing each financial decision as part of a whole, you can consider its short and long-term effects on your life goals. You can also adapt more easily to life changes and feel more secure that your goals are on track.
Our Financial Planning Process
As your financial planner, we begin with a comprehensive review of your financial situation. From there we help you through a structured process to develop a financial plan. This process usually covers financial areas, including (but not limited to):
CASH FLOW MANAGEMENT
We review of current cash flow and debt management.
INVESTMENT REVIEW & EVALUATION
We analyze investment objectives, time horizon, risk tolerance, current investments, liquidity needs, income tax considerations, and diversification.
RETIREMENT PLANNING
We analyze your current retirement plan and objectives. From there create a strategy that provides guidance for how you will be able to retire, remain in retirement, and create total financial independence.
INSURANCE (RISK) PLANNING
We analyze all or part of your insurance needs, proper titling, and positive or negative effects on estate tax liability. Type of insurance includes reviewing life, disability, long-term care, liability, home, and auto coverage.
TAX PLANNING AND PREPARATION
We review taxable strategies that might help you reduce or better understand current and future taxes.
COLLEGE SAVINGS AND EDUCATION PLANNING
We assist in planning for future education by analyzing your overall financial picture. Our analysis will determine the appropriate amount to set aside each year to fund your children’s education, and the correct benefits to meet this goal.
EMPLOYEE BENEFITS PLAN
We review compensation and benefit packages; including health plan, life insurance plan, 401K plan, and stocks options offered by employer. Help you determine the right amount of investing and insurance based on your situation.
ESTATE PLANNING
We review your current estate planning documents, discuss estate tax saving strategies, and assist in implementing estate planning recommendations with your attorney.
ANNUAL PLAN PROGRESS REVIEW
We review your accounts annually in response to significant changes in conditions (for instance, a major change in relevant securities markets or the tax laws). Every year we make adjustments to your financial plan as needed.
Turn to the Team You Can Trust
The Horizon Coast Family of firms is an innovative team of consultants servicing a diverse clientele. Our practice areas and full-service approach complement each other to provide you with a comprehensive strategy fit your unique needs and make it possible for you to flourish in business, at home and in life.
