PLANNING FINANCIAL FUTURE


Planning Financial Future- Seeking Financial Confidence- Case Study

GLORIA (40)


HIGH-EARNING PROFESSIONAL CASE STUDY

Gloria doesn’t have confidence when it comes to her financial plan. She doesn’t have the time, interest, desire, or expertise to manage her finances. Her goals are to maximize assets, lower taxes, and plan her financial future.


PLANNING FOR THE FINANCIAL FUTURE – BACKGROUND


Gloria is a high-earning distinguished engineer in Silicon Hills, Austin, TX.

Gloria isn’t able to manage her finances. She wants to utilize her financial resources to establish financial confidence for her future.

Gloria needs help with eliminating debt and saving for the future. Gloria enjoys living in her luxury apartment but wants to buy a home in the next few years. She wants a plan to save aggressively and efficiently to reach her financial goals.

Gloria’s had multiple brokers reach out to pitch her on products but she isn’t looking to buy a product. Gloria values a long-term relationship with a fiduciary financial advisor. She needs an expert to help her plan for today and also plan for her financial future as life changes.


ENTER SAFE LANDING FINANCIAL


Gloria wasn’t sure where to start, so she reached out to Safe Landing Financial (SLF) for a complimentary introduction meeting to plan her financial future. As a trusted advisor, SLF starts every new relationship by asking questions and listening to understand their unique financial situation. Here is how SLF helped Gloria plan for her financial future.


FINANCIAL CONFIDENCE


SLF provides Gloria with peace of mind from visualizing and having conversations regarding her customized financial plan. 

Here are some ways SLF helps Gloria to reach her financial goals:

  • SLF stress-tests scenarios to show a high probability of success for reaching Gloria’s financial goals and having funds last throughout her lifetime.
  • SLF helps Gloria consolidate debt. Next, SLF strategizes the best way for Gloria to budget for paying debt, building an emergency fund, and saving for her financial goals.
  • SLF determines an appropriate investment strategy based on Gloria’s financial goals and risk tolerance. Investment fees have been reduced with SLF now managing investments. SLF evaluates investment options and makes recommendations for Gloria’s 401(k). Gloria now has an asset allocation and rebalancing strategy tracking to her goals.
  • SLF shows Gloria where to make future contributions to maximize assets.
  • SLF helps Gloria utilize her employer benefits. 
  • SLF minimizes Gloria’s taxes by evaluating retirement account contributions, Roth conversions, charitable contributions, Social Security, and retirement income distribution.
  • SLF works directly with Gloria’s CPA, estate planning attorney and insurance agent. By holding an open line of communication, SLF stays aware of changes to laws and helps to fill any potential planning gaps to make sure she’s taken care of.

Gloria has financial confidence knowing her financial plan is organized. With an ongoing planning relationship with SLF, Gloria’s financial future is in good hands.


MORE ON PLANNING FINANCIAL FUTURE


Approaching Retirement – Financial Planning for Retirement Case Study

At Retirement – Planning During Retirement Case Study

Important Numbers for 2021 (printable PDF guide)

Why Working With a Fiduciary Financial Advisor Is Important

Why Working With a Fee-Only Financial Advisor Is Important

Why CERTIFIED FINANCIAL PLANNER™ Is Important (CFP® Professional)

How Far Could $1 MILLION Go in Retirement?

Business Insider: How Much Money You Need to Retire at Every Age and Comfortably Live on Investment Income

The Simple Dollar: Six Times You Should Hire a Financial Planner (and Three Times You Shouldn’t)

Disclosure: The above planning for the future case study is hypothetical and does not involve an actual Safe Landing Financial client. No part of this content should be taken as a guarantee that their household will experience similar results if Safe Landing Financial is chosen to provide financial planning services.


SCHEDULE 30-MINUTE INTRODUCTION MEETING





FINANCIAL PLANNING INSIGHTS


Sign up to receive news and updates.