COMPREHENSIVE FINANCIAL PLANNING

Comprehensive financial planning is the foundation of client relationships with Resurgent Wealth Management. Financial planning begins with a thorough review of where you are today which includes a full analysis of your current financial situation. Next, we discuss where you want to be which gives us a clear understanding of your short and long term financial goals. Finally, we develop a plan or financial strategy that includes all financial products needed to take you from where you are today to where you want to be in the future. Once the strategy has been implemented, we closely monitor the results and make changes as needed.

Our financial plans are customized for each client; however, many plans will include the following:

Retirement Planning- We review your plan to determine if current savings will be adequate for your future retirement. If not, we help you develop a new plan to get you back on track.
College Planning- Where appropriate, we work with our clients to create a college savings plan to pay for children and grandchildren going to college.
Tax Management- We evaluate current tax situation and work with other tax professionals to recommend strategies for reducing tax and deferring income and other taxes.
Estate Management- We review current estate documents to ensure that wills, trusts, power of attorney, asset titles and all other estate documents are in place and updated. We also work closely with your attorney to develop a plan that allows you to pass on your estate in the most tax efficient way possible.
Risk Management- We review current situation to assess risk and recommend changes as appropriate.
Insurance evaluation- We review your current insurance and make recommendations as appropriate to improve coverage and limit costs.
Cash Management- Cash management is a critical component of future retirement planning. We need to understand how much you spend in order to know how much to save for the future.

Bottom line, making good financial decisions is very difficult but financial planning will allow you to make informed decisions. With financial planning:

your financial affairs will be organized
your financial goals will be identified
your cash flow will be analyzed and understood
your current benefits will be reviewed
you will have a plan or financial roadmap in place to guide your financial decisions
you will have an education funding strategy
your current investments will be reviewed
your tax structure will be analyzed and considered in all financial decisions
your insurance will be reviewed and updated as needed
your estate plan will be reviewed and updated as needed