Financial Planning - Checklist

Financial Planning Checklist

Check which items impacted your financial situation or you would like to discuss with Rodney Boelter, ChFC, RICP. This list is not comprehensive as your situation is unique to you. Contact Rodney to start your conversation today.

Financial Position

  • Recently moved or considering a relocation
  • Considering the sale of a major asset like your home, business or other real estate
  • Changing jobs
  • Getting married or divorced
  • Adding to family through birth or adoption
  • Loss of a loved one
  • Receiving a gift or inheritance

Protection Planning

  • Reviewing HSA Health Savings Account contributions
  • Spending any remaining balances in FSA Flexible Spending Accounts
  • Reviewing existing life and disability income insurance policies and coverage amounts
  • Reviewing assisted living needs for a parent or other family member
  • Reviewing any long-term care needs

Investment Planning

  • Confirming investment goals and strategy
  • Reviewing asset allocation
  • Revisiting income and savings needs
  • Contributing to education accounts
  • Establishing savings plan for major purchase or expense goal

Tax Management

  • Income tax strategies
  • Alternative minimum tax strategies
  • Capital gain/loss strategies

Retirement Planning

  • Social Security
  • Distribution planning
  • Funding analysis
  • Non-qualified plans
  • Analyzing tax benefits of a Roth IRA conversion
  • Maximizing 401(k) contributions including catch-up contributions
  • Maximizing IRA contributions including catch-up contributions
  • Establishing a retirement plan, if a business owner
  • Reviewing overall retirement income strategy

Estate Planning

  • Using a Trust
  • Reviewing beneficiary designations
  • Planning charitable giving
  • Reviewing impact of any new tax laws
  • Reviewing estate documents (wills, trusts)
  • Planning for the succession of a business
  • Analyzing estate tax implications

Estate planning services are provided working in conjunction with your estate planning attorney, tax attorney, or CPA. Consult them for specific advice on legal and tax matters.