Developing the Right Financial Plan Takes These Steps

Financial planning can take on many forms and your interests might not always be the sole priority. When you work with an advisor, there are steps that every plan needs to include and we’ll discuss those in this episode.

The View From The Pinnacle

Click the timestamps below to fast forward to certain points of the episode.

Thing’s You’ll Learn Along Today’s Journey

1:46 – What happened to financial planning?

3:05 – Are expectations being set for you?

4:09 – Why pure planning is a more comprehensive and personal plan.

5:38 – Every financial plan should have five components.

6:05 – Too many advisors are skipping over the most important part of planning.

6:33 – We’re always trying to come up with the proper tax strategy.

7:26 – Healthcare as part of the plan.

8:25 – True planning is as simple as a one-page plan.

9:33 – What clients have been prioritizing in their financial plan.

Looking Back From The Mountaintop

Having a clearly defined tax strategy with a proper withdrawal strategy, and creating the most efficient tax plan as possible, will have a large effect on the type of longevity that your plan can have. -Sean Lee

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MEET YOUR HOST...

For over a decade, Sean Lee has helped families reach and maintain their financial goals. As a trusted advisor, he coaches and assists his clients with their financial goals by focusing on the fundamentals and takes a practical and personal approach when working with them.

As a trusted professional in Utah, Sean has been featured in The Wall Street Journal’s Market Watch, The Deseret News, The Salt Lake Tribune and USA Today. He has also been featured as a local financial advisor on Utah’s NBC station, KSL 5.

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slee@erg-slc.com

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