Comprehensive Financial Planning
An initial 1-2 hour virtual session in which we will go over your goals and dreams. Together, we will figure out where you are right now and where you would like to be in the future.
An executive summary with a step-by-step action plan broken into categories: immediate, in a few months, and in a few years. The categories will vary based on your individual circumstances.
Follow up calls every few months to re-assess your plan and make any needed adjustments. If your situation changes between our scheduled calls, we will meet as needed.
A comprehensive financial plan. Sounds intimidating? No worries. I am going to do my best to keep the plan to 10-15 pages. The plan will include your current cash flow and your current net worth.
- The topics covered in the plan are: student loan repayment (if needed), insurance needs, debt repayment, savings, investments, tax planning, education planning, estate planning, and career advice/salary negotiation (if needed).
- A separate investment recommendation for any workplace retirement plans such as 401(k), 403(b) or 457.
- A review of your current credit cards and whether they align with your spending needs and habits.
- Recommendations for other professionals you might need such as an estate planning attorney, CPA, mortgage broker, or real estate agent.
Unlimited email support for a year.
The cost includes an upfront fee ranging from $2,500 to $5,000 , depending on complexity, and an ongoing monthly fee of $200-$400 if you decide to continue ongoing work. A typical plan for one person is $2,500 and for a couple is $3,000. Plans involving business planning, stock options or other specialized needs are between $3,000-$5,000.
In addition to financial planning, I provide investment management services. This includes rolling over old employer plans into traditional and Roth IRAs and setting up brokerage accounts. The fee structure for investment management can be found under Services.