Personal Financial Planning
When you think about your finances, do you feel like you’re doing the basics and making good decisions, but you’re not sure what the next steps should be? Have you recently recognized that in order to make retirement a reality, you need to get serious about understanding what it will take to retire successfully? Those, and many others, are the questions answered by personal financial planning.
As CERTIFIED FINANCIAL PLANNER™ Practitioners, we are knowledgeable in the elements that are important in personal financial planning, including financial statement preparation and analysis, cash flow analysis and budgeting, insurance planning and risk management, employee benefits planning, investment planning, income tax planning, retirement planning, and estate planning.
How It Works
Step One – Let’s Talk
We start with a cost-free introductory meeting during which we learn about each other. You can share with us what financial needs you’re striving to satisfy, and we’ll answer your questions about our practice, our credentials and experience, and our cost structure. Together, we’ll decide if we’re a good resource to meet your needs.
Step Two – Dig Deep
You wouldn’t go to a doctor and tell them only half of your symptoms, would you? Of course not. You shouldn’t do that with financial planning either, so in the second step, we dig deep into your financial picture. We talk about your current income and expenses, debt, investments, insurance, retirement plans, and much more. We also learn about your dreams and goals, your fears and hopes, your challenges with money, and the type of legacy you may wish to leave for those you love. It’s a wonderful process, and it’s all about you!
Step Three - We Go to Work
We take your complex financial planning conundrum and examine it from every angle. We mull it over and sketch it out. We run it through advanced financial planning software and mathematical stress tests. We ask you more questions to make sure we’re on track. If needed, we consult with other financial professionals, like CPAs and attorneys. The result is a written financial plan that contains actionable and manageable strategies to move you forward toward a healthy financial future.
Step Four - Introducing You to Your New Financial Plan!
Your financial plan only works if you fully understand and embrace it. That’s why it’s so critical that it fits you to a “T” and reflects your unique individuality. We present your plan to you and help you understand the steps that can be taken to move closer to your goals. We make sure it resonates with you and that you feel a sense of control and peace of mind around your plan.
Step Five – Implementation
Finances are complicated and implementing your new financial plan may seem daunting. Don’t worry, we’ll help you the whole way. We’ll help you with each of the elements in your planning, including introducing you to professionals who can help you in specific areas, like estate planning or tax strategies.
Step Six – Monitoring and Adaptation
The financial landscape changes frequently and your life never stands still, so we help you be proactive and stay informed on an ongoing basis, tracking your progress and making changes to your plan as your life evolves.
Personal Financial Planning Services
- College Planning
- Retirement Planning
- Estate Planning
- Charitable Giving
- Gifting Strategies
- Tax Strategies
- Debt Review and Repayment Strategies
- Budgeting
- Cash Flow Analysis
- Life, Disability, and LTC Insurance Needs Analysis
- Asset Protection
- Long-Term Care Solutions
Financial Planning Worksheets
2021 Tax & Financial
Planning Guide
2020 Tax & Financial
Planning Guide
Net Worth Statement
Spending Plan
Business Financial Planning
Every day, business owners make significant contributions to the strength of the nation and the security of our citizens. It’s important for the owners of these businesses to have access to quality financial planning directed at their unique needs. At Wisdom Wealth Strategies, we’ve made a priority of serving the needs of small business owners. We specialize in helping business owners design attractive benefit packages that reward team members, encourage key employees to stay, and help the business owners build personal wealth.
Business Planning Services
- Retirement plans (401k, 403b, 457, etc.)
- Small Business Retirement Plans (SEP-IRA, SIMPLE IRA)
- Employee Benefit Packages
- Life Insurance
- Health Insurance
- Disability Insurance
- Long Term Care Insurance
- Buy/Sell Agreement Funding
