Defining Your Financial Future

May 09, 2016

[fusion_text]Planner: Paul via 1 on 1 consultation

Problem: She needed to create a new financial plan for her life after her divorce. This included putting together a new budget, saving and spending plan, retirement & home purchase funding plan.

Suggested Action Steps: We discussed using a Rate Escalator function in her 401(k), putting in place automatic debits for building an emergency reserve & house down payment, and having her start to take part in workshops and follow up sessions to learn about investing, budget tools and college preparation for kids.

Results: She ended up adjusting her 401(k) investments, put automatic debits in place to fund her cash reserve, started saving for a house down payment, and also started funding her HSA.

Testimonial: “I wanted to thank you for your patience and kindness!!  I was very intimidated to looking into my financial future, because I wasn’t sure that where I wanted to go was possible.  You gave me direction that is both hopeful and manageable.  I am going to study what you’ve given me, and I am confident that I will be able to work towards a financial future that will fit the lifestyle that I hope to live.” – Valerie B.[/fusion_text]