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23. Comprehensive Plan
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Addresses all major components of planning
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Multiple strategies recommended
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Fully integrated cash flows, tax and estate distribution
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Extensive documentation |
A comprehensive plan summarizes how the client could integrate several planning instruments to achieve all of his or her most important planning goals. We use advanced optimization technology to find the best mix of planning tools to achieve goals for retirement income, transfers to heirs, charitable giving, etc. We summarize all planning concepts on a single flow chart supported with many pages of numbers and text. We typically include a bar chart that shows how the proposed plan provides millions of dollars of new benefits not available in the client's current plan. We also integrate the tax benefits and cash flows of each tool in the plan to create a year-by-year cash flow summary. The client can see how the proposed plan achieves income goals even after paying taxes, making charitable gifts, or funding an insurance policy.
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