Life Stages

When was the last time you sat down and thought about your dreams? Did you think about what it will take to get you there?

Achieving your dreams is not just about working the math or running computer projections. It’s about learning who you are now and who you hope to be in the future. It’s about aligning your resources with your family’s needs and desires.

Life is about choices. What’s most important in your life? Developing your financial plan stimulates you to make vital choices and changes, depending on who you are and where you are in life.

Here are some common questions you may be considering:

• Where does my money go every month?
• I’m not really sure that I understand the benefits I receive from my job. What would happen if I were unable to work?
• What are the limitations of my company pension?
• How much should I/we be saving for retirement? Can you give me recommendations on my retirement vehicles - 401(k), an IRA, a Roth IRA or Roth-401(k)?
• How do I know which funds to use in my 401(k)? How much for each fund? What is the difference between diversification and asset allocation?
• How do these saving options coordinate with Social Security?
• Is there more that can be done to reduce the tax burden on my income?
• What would happen if I/we were the targets of a lawsuit?
• Is it really necessary to have a will? What should I be concerned about if I do not have one in place?
• I have heard a lot about the “death tax?” Does this really apply to me?

Are there money management strategies that would work for me while also assisting a charity that is important to me and my family?

Which stage of life best describes you today?