A  Comprehensive Financial Plan

A comprehensive financial plan enables you to effectively manage your financial resources so that you can lead a more satisfying life today and in to the future.  Such a plan involves these six distinct considerations that, at any given time, may require more or less attention as circumstances unfold. However, it is the intertwining of these elements, in our lives and in the marketplace, which ensures the success of a comprehensive financial plan.

1. Current Situation

It’s not where you start but rather, where you end up that counts.  Your current situation provides the benchmark against which your success is measured.

  • What is your net worth?
  • How is your cash flow?

The basics must be clearly understood before any meaningful projections can be made.

2. Insurance Analysis

Insurance is about risk exposure and risk management.  With an eye to whether you are over or under-insured, Carlin Financial conducts a thorough, unbiased analysis of your existing policies:

  • Life, Health and Disability
  • Long Term Care
  • Auto and Home
  • Business and more

We compare these findings to your assets, lifestyle and health status to verify if your premium dollars are being spent in the most cost-effective manner possible.

3. Investment Planning

Your individual goals and your tolerance for risk are the key ingredients for developing a sound investment strategy that works for you.  We factor in your:

  • Short-term needs
  • Long-term objectives

With the goal to create an allocation platform that embraces your present and your future, we explore ways of keeping the plan flexible to accommodate unexpected changes, should they occur.  We use these criteria to develop an investment plan that will make your assets available to you when you need them.

4. Tax Strategies

Almost every financial decision you make will have tax implications.  A clear understanding of the tax code and the legal tax shelters available, are an essential part of an effective financial plan.  We implement tax strategies throughout your plan to take advantage of current tax laws.  Our aim is to increase your net worth, not your tax base.

5. Retirement Planning

The goal at Carlin Financial is to help you realize a rewarding retirement experience, filled with the kinds of activities you enjoy.  Our commitment is to help you discover the resources that could make that possible.  We are able to chart a realistic course for your golden years with a close examination of your:

  • Desired lifestyle
  • Sources of income
  • Available assets

You may still be accumulating your nest egg in anticipation of retirement or you may already be retired with an interest in preserving and extending your nest egg.  In either event, our approach is to search horizons that maximize your potential and keep you on course.

6. Estate Planning

At Carlin Financial, the preservation and distribution of your estate, in accordance with your wishes, are of paramount importance.  We review with you all scenarios associated with this aspect of your plan, to assure that your wishes and intentions will be carried out.  All documents relative to your estate plan are thoroughly scrutinized:

  • Beneficiary Statements
  • Trusts
  • Living Wills
  • Family Limited Partnerships
  • Instruments of Ownership
  • Business Continuation Plans
  • Powers of Attorney
  • And more

A review of these documents provides Carlin Financial the visibility to either confirm intent, or serves as a basis for making recommendations that will produce a designed outcome.

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