 |
To build a good financial plan for you, we need information on your financial resources, living standard, risk protection and legal arrangements. The table provides some examples. However, every person and family is unique, and it’s almost certain that you have a situation for which we require information not listed in the table.
|
|
|
|
Information category |
Information source |
|
|
|
Financial resources |
Income – paystubs, W2s
Financial assets – year-end investment statements, pension statements, employee benefit statements, bank statements
Real assets – home value, mortgage statement |
|
|
|
Financial goals |
Descriptive information about:
- Children (college education, weddings)
- Retirement plans
- Major purchases (e.g., second home)
|
|
|
|
Living standard |
Recent income tax return
Annual spending levels (e.g., Quicken reports, credit card summaries) |
|
|
|
Risk protection |
Life insurance policies, disability insurance policies, umbrella policies, etc. |
|
|
|
Legal arrangements |
Wills, guardianship arrangements, powers of attorney [we don’t necessarily need to see these, just know that they exist] |
|
| |
|
|
|
|
|
|
