The Precision Planning Process

Graphs on paper and a Laptop device

The Precision Planning Process: A Streamlined Financial Strategy

The Precision Planning Process is a four-phase approach to creating a personalized financial plan, focusing on your goals, values, and priorities. This comprehensive strategy covers all critical areas, including estate planning, tax planning, retirement planning, and more, with clarity and precision. Below are the four key meetings in the process:

 

1. Target Alignment Meeting (Kickoff Phase)

Objective: Align on your goals and financial vision.

  • Understand your financial objectives, values, and life goals.
  • Identify key milestones, such as retirement, legacy, or major purchases.
  • Define a timeline for achieving these goals.

Outcome: A clear picture of your financial priorities and an agreed-upon vision.

2. Scope & Review Meeting (Analysis Phase)

Objective: Analyze your current financial situation.

  • Review assets, liabilities, income, and expenditures.
  • Examine tax, insurance, and estate planning documents.
  • Identify potential gaps or opportunities for improvement.

Outcome: A comprehensive financial snapshot with key areas identified for focus.

3. Strategic Targeting Meeting (Planning Phase)

Objective: Develop tailored strategies to meet your goals.

  • Create strategies for retirement, tax efficiency, debt management, and investment allocation.
  • Align insurance coverage and estate planning with your objectives.
  • Address any financial gaps or inefficiencies identified.

Outcome: A customized financial strategy ready for implementation.

4. Precision Confirmation & Launch Meeting (Execution Phase)

Objective: Finalize and implement your plan.

  • Review and confirm all strategies are aligned with your goals.
  • Begin execution: update accounts, reallocate investments, finalize estate documents.
  • Implement tax and insurance adjustments.

Outcome: The plan is officially launched and set in motion.

Ongoing Monitoring and Adjustments

Periodic reviews aims to ensure the plan remains aligned with your changing needs and life events. We make necessary adjustments to keep you on track to achieving your goals.