Our Cash Flow Confidence Plan
The Cash Flow Confidence Process
Experience Confidence - and More!
Peace of Mind: You will understand how to implement the steps in your Cash Flow Confidence Plan!
Financial Communication Analysis: Our conversations are designed to create an enjoyable, collaborative environment.
Efficiency Testing: We will implement plans to reduce wealth transfers, making sure every dollar is working as hard as YOU!
Savings Strategies: Access to cash puts YOU in control. We will discuss and design a plan for you.
Investment Planning: This includes properly implementing the correct Investment Allocation and Investment Location to maximize your positioning.
Protection Analysis: No need to wonder if there is enough life insurance in place, we will run an analysis together and review the amount of coverage that is appropriate for you and your household. We cannot avoid all the risks in life but we can prepare and reduce their impact!
Annual Review: In addition to annually updating your Cash Flow Confidence plan, our reviews will include goal setting, an overview of your current tax position, estate planning updates, and cash flow analysis.
A Wealth of Resources: We work closely with several attorneys and CPAs, mortgage consultants, real estate agents, Social Security experts, property & casualty agents and health insurance agents. We appreciate your referrals and enjoy providing quality referrals to you as well.
Detailed Withdrawal Plan: Experience guidance regarding the optimal order in which to withdraw from your investments and savings. Understand which account we are recommending and why.
Providing Confidence For Every Financial Decision!
Cash Flow Confidence Plan
- When can you retire?
- How much will you need?
- How long will it last?
- What amount can you live on?
These are the 4 key questions everyone needs to know before they retire!
Our Cash Flow Confidence Plan evaluates your cash flow and provides a line by line printout of expectations leading up to and through retirement. No more blindly guessing what youthink is needed. Instead, we calculate your income needs based upon your taxes returns,financial statements, tax history, and spending analysis.
Upon completion, time is scheduled for an interactive discussion to walk through each component of the plan. From the synopsis gathered in the first meeting of who you are and the goals you want to achieve, to the spending analysis, to the conversations on savings, investments, insurance and the future withdrawals needed to reach your goals, will be documented and presented in both digital and hard copy format.
Investment Management and Advisement
After your Cash Flow Confidence Plan has been completed, you can choose to implement the recommendations on your own or you can hire us as your Financial Investment Advisor.
Investment Implementation requires an in-depth conversation addressing topics ranging from savings allocation, individualize investment fund choices, account placements, rollovers, and tax efficiency discussions. We will also address risk and protection concerns including estate planning insights and life insurance recommendations Upon agreement of the investment proposal, we will implement your strategy and mange in accordance to your risk tolerance, time horizon and goals. An annual review is required to remain current and an updated Cash Flow Analysis is provided.
Projecting Your Retirement Cash Flow is Not a One Time Event...
Projecting your Retirement Cash Flow requires attention before, during, and after your retirement transition. Who are you and what are your goals and dreams for this season of your life? If they are to come true, we need to plan for it. Specifics regarding how to position investments, where to take withdrawals first, tax implications and strategies, as well as social security, will all be integrated into the discussion.
There will also be discussion regarding Health, Longevity, and Legacy planning. Creating a step by step Retirement Transition and Tax Projection Plan custom designed for you.
Direction through retirement preparation, implementation, and living: Understand the five stages of retirement.
Annual cash-flow projection: Experience guidance regarding the optimal order in which to withdraw from your investments and savings. Understand which account we are recommending and why.
Detailed withdrawal plan: Guidance regarding the optimal order in which to withdraw from investments
and savings.
Tax implications: Strategizing for the minimal amount of taxes based on your withdrawals.
“What if” scenarios: Evaluate opportunities and impact on the overall financial plan.
Cash Flow Planning, Estate Planning Collaboration, Income Tax Projections, and Social Security guidance are all addressed.
Annual review: Determine annually any adjustments needed based on current goals, health, and economy.
By the time we finish, you will have projections presented in numerical and contextual format providing insights to both those who love analytics and those only wanting the “big picture.”
Retirement can be an enjoyable season of life. At Crystal Clear Finances, we walk with you through the transitioning process and provide confidence to retire!