First Appointment Flashcards
UFC
TIME
PURPOSE
AGENDAS
OUTCOMES
6 KEY AREAS
- RETIRMENT
- KID’S EDUCATION
- TAXES
- PROTECTION
- CASH FLOW
- ESTATE PLANNING
- RETIREMENT
- when can i retire
- how much money do i need to have
- how much should I be saving along the way
- how do I ensure I don’t outlive my savings
- Kid’s Education
- How in the world am I going to pay for this
- is there a better way
- Taxes
Most people misunderstand when they are going to pay taxes. Do you want to pay them now / later / never?
- Risk Management
How do we manage the risks involved with getting sick or hurt or passing away too soon.
- Cash Flow
We look at cash flow to better understand where the money is going every month. The average person can’t account for 15-25% of their income each month. That may not be an issue for you but is a very common problem for people to have.
- Estate Planning
Most people are looking to minimize what goes to uncle Sam and maximize what you give to your family or favorite charity.
In order to have a strong financial plan we need to have these basic things in place.
3-6 month Emergence Fund/ Health life and Disability.
Along the way you want to prepare for events that may happen.
- You buy a new House or car
- Pay for a wedding
- Maybe you get laid off
- Or you get sick or hurt.
In order to have a strong financial plan you have to prepare for these events and manage these risks.
- Emergency Fund
- Health
- Life
- and Disability insurance.
REFERRAL DISCLAIMER
I firmly believe the work we do is important to people’s futures, and I want to be able to help as many people as I can. In order to do that I need your help. If After today’s meeting you agree that this work is important I would like you to introduce me to the people you think would also find the work I do valuable. Does that sound fair?
UP FRONT QUESTION DISCLAIMER
I’m going to ask you some questions and I want to apologize ahead of time if I offend you or it makes you uncomfortable. Financial planning involves thinking and planning for things that may not be pleasant. I want to be sure I do a thorough job for you and we cover everything.
CONFIDENTIALITY
I would like make you aware that I am bound by by strict confidentiality rules that prohibit me from sharing any information we talk about here today. Is that OK with you?
