Financial Plan Checklist
I know what brought me here. I know what money means to me.
I have an idea of what I want to achieve. I have expressed my values, goals, and priorities.
I have a clear accounting of my current expenses
I have sufficient income to cover my expenses inclusive of healthcare and long-term care
I have excess income that I can save or invest
I have a clear accounting of the assets I have and how I am going to allocate my assets for the highest return at my chosen level of risk
I know I can stop working at my desired date and meet my desired spending goals
I have explored opportunities to improve my plan
I am reasonably protected from risk
Risk management and Insurance
I have compared alternative scenarios
I can meet my stewardship, legacy, and asset transfer goals
My loved ones are protected, informed, and able to carry on the plan