Plan Design & Implementation
We use a combination of goals-based capital needs analysis for mid and long-term objectives like a second home purchase or retirement planning and cash flow planning for near-term objectives like transitioning from earned income to retirement income in the next few of years or fine-tuning retirement income and spending for retirees.
We believe a well designed plan should fully integrate the dynamic interactions between:
- Cash Flow – household income and spending (surplus / deficit)
- Assets & Liabilities – accumulating assets or paying down debt with surplus cash flow and/or spending down assets or accumulating debt with cash flow deficits
- Tax Planning – receiving earned and unearned income together with how assets and liabilities are managed all have specific tax implications that need careful consideration. For most of us taxes are our largest expense.
To help us with plan design, we use sophisticated financial planning software built by and for financial planners and refined over 35 years. The software tightly integrates these components for both goal-based and cash flow planning.
The creation of the plan is an iterative process involving a number of different “what-if” scenarios that empower clients to understand the natural trade-offs associated with goals based planning and to make good decisions both today and in the future.
After much deliberation, agreed upon strategies and actions are crafted into a blueprint for living in alignment with your values and purpose. We then partner with clients to bring the plan to life through disciplined implementation.
