What is a Financial Needs Assessment?
Working with me, we will conduct a Financial Needs Analysis (FNA) where we take a look at your current Assets, current Liabilities, future Liabilities, as well as your present and future Income and Expenses. We will determine your current and future needs. People in their early 30’s with kids in school and in the early stage of their mortgage will certainly have different insurance needs than a couple of empty nesters who have paid off the mortgage and are going to retire in the near future. We will build a coverage plan to assure not only the present but also the future. This could mean having a basket of contracts in a policy which will adjust over time.
As part of the analysis, we will try to find ways to adjust your cashflow so you get to keep more. After all, it doesn’t matter how much you make; It matters how much you keep. We will discuss your retirement goals, and forecast what it will take to make those goals. We will also discuss approaches so that you can work towards those goals.
Contact me to begin your Financial Needs Assessment!