Evaluation


Evaluation uncovers important planning issues that must be addressed.
 
Your Financial Plan.
  • Will your money last through your lifetime?
  • Is additional savings necessary to meet your retirement objectives?
  • How can you maximize your retirement plan contributions?
  • When is it best to begin receiving Social Security?
  • Are your investment return assumptions reasonable?
  • How would the need for nursing care affect your plan?
  • Would long-term care insurance make sense?

Your Investments.
  • Does your portfolio have hidden, unacceptable risk?
  • Is your portfolio structured to minimize unnecessary taxation?
  • Are your investments appropriately diversified?
  • Are the expenses of your portfolio reasonable and the service top-notch?
  • Do you understand the makeup of your portfolio?
  • Do you have multiple portfolios that are confusing and redundant?
  • Do you have an appropriate balance between risk and return?

Your Estate Plan.
  • Do you have clearly defined objectives and a plan to meet them?
  • Do you need help finding an attorney?
  • Are your beneficiary designations updated on all insurance and retirement plans?
  • Can you minimize estate taxation?
  • Has your plan been updated to reflect current tax law?
  • Could insurance products be helpful to provide liquidity?
  • Have you taken steps to minimize probate expense?

©2010 Spencer Financial LLC. All rights reserved.