Why do I need a Financial Plan?

Our Financial Planning Process

We understand that your financial journey is as unique as you are, which is why our approach revolves around understanding your individual goals, values, and aspirations. Our process begins with an in-depth conversation to gain a profound understanding of your current financial landscape and future aspirations. We take a holistic view, considering not only your financial status but also your lifestyle, values, and life goals.

Our dedicated team of financial experts then crafts a detailed, customized plan tailored specifically to align with your objectives. We leave no stone unturned in our pursuit of a comprehensive financial roadmap that encompasses every aspect of your life.

What is included in a Financial Plan?

When you decide to create a Financial Plan with Simplicity Financial Planning, you will meet with not only your advisor, but our entire team. We have a Budget Coach that will meet with you virtually to help you create an accurate budget and help with with the behavior side of how you spend your money.  You will then meet with our Planning Team to help gather all of your information and do a deep dive into your goals to start building out your plan. 

Examples of reports included in your Financial Plan:

* Cash Flow (short term and long term)
* Net Worth Summary
* Balance Sheet
* Income Tax Report
* Education Planning
* Amortization Schedules

 The most exciting part of our Advanced Financial Plans include ways we can help in the decision making process of so many different life scenarios:

* Buying vs Renting - What makes the most financial sense?
* Do I have enough/too much insurance coverage?
* Buying a Home - Should I put a large down payment down or invest that money?
* Retire now or wait a few more years?
* When should I take Social Security?
* Can I take that big trip? Pay for that wedding?
* How much can I afford to give my children for their college education without sacrificing my retirement goals?
* Am I saving enough for retirement in my 401k?
* Is a Roth account for me?
* Tax Planning….And SO MUCH MORE!
 

Our financial planning services are billed on an annual basis and although we can manage your accounts inside of your plan, we do not require you to move your accounts over to us.

Click "Goal Calculator" to get started! 

How much does it cost to create a Financial Plan?

Our financial plans generally start at $2,500 a plan.

**Please note that some situations may require additional time and would therefore have an additional charge. All of this would be shared upfront - their will never be surprise charges or additional fees along the way when it comes to creating your financial plan.