The Financial Plan is a long term projection into the future, taking your existing investments, savings and any excess income over and above your expenses and each year allocates them into investments. Then, we assign to each of those investments a rate of return based on longer term historic data and the computer program projects what value each asset would grow to. Then, together we review the projections to see if your assets generate the income needed to meet your expenses into retirement and on to death. If we find the assets exceed what we need, then our concerns about short term, yearly or monthly fluctuations can be put into perspective.
Your Financial Plan