The general purpose of a Retirement Projection and Tax Return Report is to address the duel questions of:
Is the Household On Track To Retire?
How Long Will The Household’s Money Last?
Recommendations for asset allocation, including specific portfolio/investment recommendations are drawn from the retirement projection and tax return report.
Benefits of personal financial planning include alleviating concerns such as: not having a paycheck anymore, running out of money, spending too much, and suffering investment losses.
✓ Employer sponsored plans; including 401(k), 403(b), and TSP plans
✓ Retirement Annuities, including CSRS, FERS, Social Security, and private pensions
✓ Retirement plan roll-overs; including Traditional IRAs and ROTH IRAs
✓ Mortgage, student loan, and consumer debt review and coaching
✓ Education funding; including 529 plans and Coverdell ESAs
✓ Life, disability, and long term care insurance needs recommendations
✓ Property and liability insurance needs recommendations
✓ Home purchase/mortgage refinance coaching
✓ Cash flow review and budgeting