Which of these do you want more information and knowledge?
Protecting My Assets
- Appropriate Property and Casualty coverages guidelines
- The risk of long term care draining my assets
- Discussion of Wills, Trusts, property ownership and coordinating with your attorney
- Planning for estate liquidity and paying taxes
Protecting My Earning Potential
- What is my lifetime earnings potential and power?
- The role of Life Insurance
- The role of Disability Income Insurance
- The role of Umbrella Liability Insurance
- Securing my future
Understanding the Difference Between Saving and Investing
Spending/Saving/Creating Wealth
- Is there an ideal financial plan?
- Minimizing unnecessary wealth transfers
- Impact of my lifestyle and spending decisions on my future objectives
- Asset effectiveness vs. quality of life
- How to be my own banker
Accumulating Assets
- Understanding the difference between savings and investment products
- Tax efficient (preferred) savings plans
- Understanding the difference between the miracle of compound interest and the growth of my money “in the market.”
Debt Management
- What’s the best mortgage option for me?
- Proper use of debt to grow my assets
Taxation
- Potential problems with compounding interest
- The burden of income taxation on our assets
- Understanding my 401k/IRA/pension qualified retirement plan
- Tax reduction strategies – now and future
- My family legacy
- Charitable legacy
Coordination
- Getting a handle on the big picture
- Overall asset efficiency
- Financing for college efficiently
- Building my nest egg for retirement
- Maximizing the three types of assets (taxable, tax-deferred & tax free)
- The distribution of assets during retirement – where income will come from
Liquidity, Use, Control and Knowledge (LUCK)
- Cash is king
- Making my money do more for me
- Which products do this better than others
- Knowledge is power and confidence
Long Term Asset Growth
- Understanding my choices, options and risks
- What’s the right product mix for me
- The role of qualified retirement plans – 401k/IRA
- Today’s lifestyle vs. tomorrow’s
