25 Ways We Help Clients Build Better Relationships with Their Money
22.) Arrivity financial planners reveal spending and saving trends with year-to-year Progress Reports to bolster confidence.
One of the most common inclusions in our Annual Review, Plan Update, or Initial Plan deliverables is the “Financial Progress Report” where we track the most important key financial indicators. We can not only show you from year-to-year how your monthly/yearly spending has changed and how your financial assets and retirement capital has grown; we can also track important indicators of financial security and estate planning like the status of your last will and testament, powers of attorney, life insurance and disability insurance.
The progress report provides a color-coded indicator showing if you are currently “on track” in any given category – whether the item needs eventual attention – or whether the item needs prompt or immediate attention and action.
We also show our clients how far ahead or behind they are when compared to their most recent financial projections, making it easy to see over time how closely you are tracking your financial plan from year to year.
Arrivity financial planners recognize that having experienced, expert advice and a financial plan in place is only part of the recipe for success – for some people, the harder part can be implementing the plan and taking action, which is why we include a Financial Progress Report, Action Items, and Goals in our plans to help our clients stay organized regarding what they need to do to stay on course.
Please contact us at: Contact Arrivity or 206.217.2583 or info@arrivity.com if we can assist you or someone you know with financial planning.
Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that the statements, opinions or forecasts provided herein will prove to be correct. Past performance may not be indicative of future results. Indices are not available for direct investment. Any investor who attempts to mimic the performance of an index would incur fees and expenses which would reduce returns. Securities investing involves risk, including the potential for loss of principal. There is no assurance that any investment plan or strategy will be successful.