Financial Planning
Financial Services with a CERTIFIED FINANCIAL PLANNER™ Professional
What is Financial Planning?
There are many inflection points in life. Career changes, promotions, major purchases like a first home, unpredictable market shifts, unplanned emergencies, memorable milestones, the first day of retirement, to name a few.
At Inflection Wealth Management, we believe in preparing for and helping our clients during these inflection points. During these junctures that preparedness and proactive planning allow us to help and support our clients.
Financial planning and financial literacy are key components to meeting these goals and aligning to your values. At Inflection Wealth Management, our financial advisors are here to help you create a personalized plan to help make good decisions.
Inflection Wealth Management Services Include:
- Identify, update, and prioritize goals
- Establish fundamental success benchmarks
- Financial trade-offs
- Time value of money
- Financial goal progress report
- Family updates and changes
- Income review and changes
- 3rd party referrals (CPA, legal, mortgage, etc.)
- Business ownership changes
- Debt management (payoff analysis and tracking)
- Large expense decision making
- Real estate purchase decision making
- Real estate review
- Debt refinance check
- Basic debt analysis
- Budget and expense review
- Savings goals
- Tax and liquidity planning
- Net worth review
- Rental property income review
- Basic risk analysis
- Life insurance review
- Disability insurance review
- Long-term care insurance review
- Claim processing
- Employer benefits review
- Property and casualty insurance review
- Personal Liability insurance review
- Health insurance review
- Understanding retirement goals
- Savings amount
- Required Minimum Distributions
- Needs analysis
- Money Guide Pro
- Monte Carlo analysis
- Social Security planning
- Pension decisions
- Retirement income strategies
- Required distribution planning
- Risk tolerance evaluation
- Asset allocation review
- Personalized portfolio analysis
- Compare current and proposed investment scenarios
- Employer retirement plan allocation review
- Stock option review
- Goal identification
- Savings amount determination
- Account selection
- Investment allocation
- Tax efficiency
- Retirement plan contribution
- General change in tax situation
- Health savings account option
- Employer plan contribution changes
- What-if Tax planning
- Tax efficiency planning
- Roth conversion
- Charitable giving strategies
- Planned giving (charitable) analysis
- Tax-loss harvesting
- Appreciated asset charitable donations
- Net unrealized appreciation ESOP
- Beneficiary review of Thrivent accounts
- Ownership review of Thrivent accounts
- Beneficiary review of all accounts
- Ownership review of all accounts
- Tax efficient wealth transfer review
- Estate planning and coordination with your attorney
- Gifting strategies
- Trust review (from financial perspective)
- Health directive review (from financial perspective)
- Power of attorney review (from financial perspective)
Financial Planning Fundamentals
Within the financial planning process, you create a roadmap to managing your money for and through life’s Inflection Points.
Financial Goals:
What do you want your life to look like in 5, 10, and 20 years from now? What would you like to own? What would you like to invest? Where would you like to live? Once you understand your goals, you can begin figuring out what it will take to achieve them.
Track and Manage your Finances:
Determine your weekly and monthly income and expenditures. Once you establish a base-line of your current wealth, you can begin managing your wealth with your goals in mind: cutting out unnecessary expenses to add toward debt repayment or investment opportunities.
Plan for Retirement Now:
Once your daily finances are managed, you can begin allocating money toward the goal that will take the longest and require the most budgeting to achieve: retirement. Financial advisors will want you to look into whether your employer matches your 401(k) contributions.
Estate Planning:
Organize your records, correct titles and beneficiary designations, plan asset allocation, and map out the future of your estate.
Save for Emergencies:
The best part of financial planning is it allows you to manage your expenses in such a way that you can meet your needs today, while also putting yourself in a position to live how you want later. This includes allocating a portion of your money toward any potential emergencies.
Eliminate High-Interest Debt:
A common mistake in financial planning is not paying off high-interest debt soon enough. Efficiency in planning requires eliminating high-interest debt. You do not want to end up owing three or four times more than your original balance.
Invest:
Through 401(k)’s, stocks, real estate properties, and portfolio management, a crucial step in financial planning is learning how, where, and when to invest.
Tax Analysis & Efficiency:
From What-if tax planning to retirement contributions, from tax-loss harvesting to charitable donations, we work with you so that your tax situation meets your goals.
Discover Financial Services
Here’s what you can expect when you work with us:
• Personalized financial advice from a dedicated advisor and support team
• An ongoing, dynamic relationship that integrates values, goals, and needs into a customized plan that evolves over time
• Time invested in preparation, one-on-one sessions, and organized follow-up processes
• Thoughtful consideration and care of your needs and goals
• Knowledge, experience and research providing enduring value
• Help clients make good decisions and avoid bad ones
• A written plan with recommended actions
Outcomes
• Make better, more informed, decisions
• Make fewer emotionally-based decisions
• Be better prepared for the unexpected
• Have greater sense of confidence
• Be better organized
• Have greater emotional well-being
• Have less stress
• Be able to keep more of what you’ve accumulated
• Have alignment to your values
• Understand what’s important: short and long-term priorities
• Maximize opportunities
• Minimize risk
• Make good decisions and avoid bad ones
Meet Our Team
Peter Lee is licensed to do business in AZ, CA, ID, IN, MN, MT, NM, NV, OR, SC, and WA. CA Life/Health Insurance License ID 0F30543, CA Securities Insurance ID 7556493, CA Variable Annuity Insurance ID 0F30543, CA Variable Universal Life Insurance ID 0F30543.
Joe Brandenburg is licensed to do business in AZ, CA, IL, PA, and WA. CA Life/Health Insurance License ID 0I48888, CA Securities Insurance ID 19014887, CA Variable Annuity Insurance ID 0I48888, CA Variable Universal Life Insurance ID 0I48888.