Henderson Financial Plan
ALL STAR FINANCIAL PLANNING
ALL STAR FINANCIAL PLANNING
Personal Financial Plan for John & Mary Henderson
Table of Contents
Table of Contents
Introduction……………………………………………………………………….……….3
Net Worth………………………………………………………………….………………4
Cash Flow………………………………………………………………………….………5
Financial Goals…………………………………………………………………….………6
Cash Flow Planning…………….…………………………………………………………7
Investment Vehicles………………………………………………………………...……..8
Current Investment Allocation………………………………………………………….10
Educational Planning……………………………………………………………………12
Asset Allocation…………………………………………………………………………..14
Retirement Planning………………………………………..……………………………17
Risk Management………………………………………………………………………..20
Long Term Care Insurance……………………………………………...……………...23
Estate Planning……………………………………………………………………….… 24
Introduction
Developing a financial plan is an important step for your family. By developing this financial plan you are your family will have a better understanding of your current financial goals. You will be better able to determine attainable retirement, education, insurance, and other financial goals. This plan will also help you review goals, develop funding strategies, and alternatives to ensuring goals are met. This financial plan will also help you ensure you have the necessary financial resources set aside to fund your goals as they occur. A financial plan will help you and your family reduce the effects of unexpected events, such as disability, premature death, job loss, etc. Remember planning is a life-long journey and that the planning process is constantly evolving. While simply having a plan in place will give you a better understanding of your financial situation, regularly reviewing and updating the plan will help you ensure even better results. As life happens so do changes and you will want to ensure you review and update your financial plan as you experience these life changes.
Net Worth
The Net Worth summary provides a small snap shot of
ALL STAR FINANCIAL PLANNING
Personal Financial Plan for John & Mary Henderson
Table of Contents
Table of Contents
Introduction……………………………………………………………………….……….3
Net Worth………………………………………………………………….………………4
Cash Flow………………………………………………………………………….………5
Financial Goals…………………………………………………………………….………6
Cash Flow Planning…………….…………………………………………………………7
Investment Vehicles………………………………………………………………...……..8
Current Investment Allocation………………………………………………………….10
Educational Planning……………………………………………………………………12
Asset Allocation…………………………………………………………………………..14
Retirement Planning………………………………………..……………………………17
Risk Management………………………………………………………………………..20
Long Term Care Insurance……………………………………………...……………...23
Estate Planning……………………………………………………………………….… 24
Introduction
Developing a financial plan is an important step for your family. By developing this financial plan you are your family will have a better understanding of your current financial goals. You will be better able to determine attainable retirement, education, insurance, and other financial goals. This plan will also help you review goals, develop funding strategies, and alternatives to ensuring goals are met. This financial plan will also help you ensure you have the necessary financial resources set aside to fund your goals as they occur. A financial plan will help you and your family reduce the effects of unexpected events, such as disability, premature death, job loss, etc. Remember planning is a life-long journey and that the planning process is constantly evolving. While simply having a plan in place will give you a better understanding of your financial situation, regularly reviewing and updating the plan will help you ensure even better results. As life happens so do changes and you will want to ensure you review and update your financial plan as you experience these life changes.
Net Worth
The Net Worth summary provides a small snap shot of