FPS Plan ComponentsIdentify and establish goalsOrganize and consolidate holdingsPrepare the written planPortfolio construction and managementOngoing reviewThe first step is to help you identify and establish your goals. Then we determine what would be the adequate resources — such as social security, pensions, part-time work, investment assets — to meet those goals throughout your entire retired lifetime. We make assumptions about inflation, rate-of-return, and life expectancy. Based on that information, the plan calculates the percentage we need from the financial assets. The determined rate of withdrawal you need to take from your portfolio to achieve your goals drives the investment recommendation. Our aim is to provide recommendations that will enable you to reach your goals with the least amount of risk and cost. And we review the plan on an ongoing basis to accommodate life and market changes.Clients usually think of a financial plan as a way to help them achieve a secure, comfortable retirement. But it can be used for education, insurance, and estate planning as well.With a financial plan in place, we can help you make sound decisions about your other financial questions as well. For instance: Insurance Planning We create strategies tailored to your goals. Education Funding Solutions for parents and grandparents to help fund your children’s and grandchildren’s education. Investment Planning Aligning your investments with your goals and objectives. Retirement Funding Preparing to have enough to last the entire journey. Long-Term Care Planning To protect your assets and fund long-term costs. Estate Planning To preserve a lifetime and leave a legacy.