You choose what's presented, based on your clients needs.
Uncover your client's financial situation quickly. Financial Needs Analysis solves multiple client insurance and investment needs. Focus on a specific need, or focus on multiple needs.
Review income and expenses to calculate monthly discretionary income.
Calculate debt-to-earned-income ratio.
Set emergency fund savings goal based on monthly incomes.
Examine estimated costs and possible ways to fund a college education.
Examine immediate cash needs and funds needed to assure lifestyle expenses in the effect of a premature death on the family
Examine the impact of disability on the family's lifestyle, and ways to replace lost income.
Explore how retirement income sources fulfill retirement income goals—when will the money run out?
Discuss the risks of not having an estate plan in place.