We offer Fee-Only Financial Planning Services so that you know that you are getting true unbiased and uncompromised advice from a CERTIFIED FINANCIAL PLANNER.
Financial Planning is a collaborative process that will help maximize your potential for meeting your goals through financial advice that integrates relevant elements of your personal and financial circumstances. The Financial Planning Process includes an ongoing process of data collection, goal setting, analysis, and the drafting of recommendations using reasonable assumptions and forward-looking hypothetical projections.
Though we use a comprehensive analysis process; investment, tax, legal, and insurance decisions should not be made abased solely on the information from any single report or conversation. It is important to include a personal process of discernment along with the professional consultation. It is your money and your need to feel educated and comfortable with every investment. Your plan must truly support your personal values, purpose, and listed goals.
Life-Legacy Financial Counsel seeks to use the comprehensive CFP Board Financial Planning Process to complete your Life-Legacy Financial Plan™:
Our Seven Step Financial Planning Process
Using our Financial Planning Process, your Life-Legacy Financial Planning Team helps you to identify and afford your personal financial and lifetime goals. Without a plan, your goals cannot be achieved. With a Financial Plan, you will know what you have, what you need, and how to close the gap with a defined action plan to achieve your financial plan.
Through the Financial Planning Process, you will know:
You will achieve the peace of mind that comes from having a Financial Plan and a trusted partner to help you achieve your Life Plan when you use a CERTIFIED FINANCIAL PLANNER™, and the proven CFP Board standard process to discern your action plan.
Social Security is part of the retirement plan for every American worker. It provides replacement income for qualified retirees and their families. You have paid into it and so you need to maximize the benefit that you can get from it. Life-Legacy Financial can help you to develop the strategy to optimize your benefits and reduce your exposure to excessive taxation. Guaranteed Income has value.
As a Fee-Only Advisor, we do not sell Medicare Supplement Plans. We give you unbiased advice based on our analysis of your financial medical, and life-style needs. We then connect you to a trusted insurance agent who can help you secure your Medicare policy.
For example, you can change the Medicare policies that you use annually (based on your planned procedures) so that you minimize your potential out of pocket medical costs. Before age 65, we recommend the use of a Health Savings Account to maximize savings towards future medical expenses.
Many people have the retirement dream of traveling the world and living in foreign nations for extended periods of time. Many want to work in foreign nations, buy property, or professionally volunteer.
Depending on the nation, there are costs to be a resident alien or a foreign worker. As a US citizen, Medicare provides no medical coverage for such extended stays and you can be exposed to double income taxation or expensive estate settlement processes. It is important to understand the costs and strategies associated with living abroad or having relationships/marriage with foreign residents. There is greater exposure to taxation due to foreign accounts, foreign retirement plans, foreign health insurance, foreign probate processes, etc. Don't assume that other parts of the world are cheaper to live in, Learn and plan for the costs.
We use Black Rock Tools to help verify that financial assets will last as long as we are predicting.
Right Capital is an online Financial Planning Tool that includes Financial Data Aggregators and Monte Carlo Simulations.
We use a Financial Aggregator that brings all your assets into the Right Capital Planning