The pursuit of financial success begins with a plan

Discovery The Financial Plan

Financial Plan - A powerful first step when you are facing change

In this interactive phase, gain an in-depth understanding of your financial picture by gathering and reviewing all aspects of your personal situation. Financial plans can be comprehensive or modular, and can include:

  • Establishing meaningful goals – what are you planning for? Who and what is important to you at this time in your life?
  • Exploring your values and expectations to set a direction for your plan
  • The starting point – understanding where you are today - your assets, liabilities, income and expenses, and the plans you have already put in place
  • Tracking where your money goes - how you spend and save money now
  • Protecting what you own – insurance and managing risk
  • Investment strategy – determining your investment objectives, choosing the right level of risk, matching target asset allocations to reach your goals, evaluating your current investments for suitability and possible cost savings
  • Tax planning – arranging your finances with an eye on minimizing taxes in the short term and in the long term
  • Estate Planning – beneficiary designations, wills and executors, trusts, gifting, Power of Attorney, creating documents to help your estate representatives
  • Projections – giving you a glimpse into your future, preparing different scenarios to evaluate outcomes
  • Advice and recommendations – helping you find the right solutions
  • Implementation – at The MoneyPower Group, we act as your Plan Manager, helping you put your plan into action