Financial Planning I have the knowledge, credentials, and resources to help you take a comprehensive view of your finances and plan a holistic approach to managing them to best meet your long-term goals. Financial planning is an ongoing process designed to provide timely advice as your life changes and evolves.It's a simple 6-step process that involves several meetings:Step 1: Our initial meeting is for me to understand your goals and objectives.Step 2: The next meeting is about gathering as much data as possible to develop your personal plan.Step 3: We sit down to analyze your current financial situation based on the data you provided. From there we'll develop a comprehensive and holistic solution.Step 4: We'll review this plan together and discuss recommended strategies.Step 5: Plan implementation*. We'll also further discuss potential products and recommendations that could help you attain your goals and objectives.Step 6: Always monitoring your plan and making updates based upon changes to your goals, objectives, and life changes.This is an ongoing financial planning relationship that I believe will enhance your financial wellness over time. We'll get your financial life organized and in order with every-day expenses and a healthy household cash flow. We'll also look long-term with investments, insurance, tax considerations and more.*Financial plan recommendations can be implemented with the advisor of your choosing. Implementation of specific products or services may result in commissions or fees outside of the financial planning fee. Let's Get Started The Six Areas of Financial Planning Financial Position Cash FlowCash flow analysisBudgetingDebt ManagementCurrent debt analysisDebt restructuringMortgage optionsDebt reduction strategiesCredit score managementFinancing optionsLoan vs. leaseEmergency FundStructure and fundingLarge ExpensesEducation fundingMajor purchase funding strategies Retirement Planning Accumulation PhaseRetirement goal settingRetirement income projectionsEmployer sponsored retirement plansIRAs and Roth IRAsFixed and variable annuitiesSaving strategiesDistribution PhaseIncome distributions strategiesSocial Security optimizationMedicare/MedigapRequired minimum distributionsPension optionsIncome annuities Estate Planning WillsBeneficiary designationsPowers of attorneyHealth care proxiesLiving willsTrustsGuardianship for minorsSpecial needs planningBusiness succession planningCharitable givingLegacy planningGifting strategiesFederal and state estate taxes Protection Planning Life insuranceDisability incomeLong-term care insuranceHealth insurance*Homeowner’s and renter’s insurance*Automobile insurance*Excess liability coverage**Group coverage Investment Planning Portfolio analysisAsset allocationSecurity selectionCost and feesConcentrated stock positionsStock options and restricted stockNon-qualified deferred compensation Tax Planning Deductions and creditsTax efficient investingAsset locationOwnership structuresCost basis analysisTax loss harvestingCarry forward lossesHealth savings and flexible savings accountsLiquidation strategiesRoth IRA conversions and re-characterizations *Health insurance products offered by unaffiliated insurers.**Property & Casualty insurance is offered through a variety of insurance companies that are not affiliated with MassMutual or MML Investors Services, LLC.