Financial Strategies

12 Financial Strategies:

• Spend less. Save More
• Take advantage of market declines
• Contribute to your company retirement plans
• Update your contingency plan
• Review and update beneficiaries
• Seek assistance with managed money
• Utilize investment products with specific strategies
• Replicate institutional strategies for the individual investor
• Income for life methodology
• Risk based management approach

Implementing the Financial Strategy:

Creating and implementing a comprehensive financial strategy generally involves working with financial professionals to:

• Develop a clear picture of your current financial situation by reviewing your income, assets, and liabilities, and evaluating your insurance coverage, your investment portfolio, your tax exposure, and your estate plan
• Establish and prioritize financial goals and time frames for working towards these goals
• Implement strategies that address your current financial weaknesses and build on your financial strengths
• Choose specific products and services that are tailored to address your financial objectives
• Monitor your plan, making adjustments as your goals, time frames, or circumstances change.