Financial Planning

Going through a bunch of life changes and wondering how to navigate through your finances? We can help.

You’re a young professional who loves to travel and in the last few years, your life suddenly got a lot more … complicated. Over the past decade you went to college, got a job, moved, switched jobs again … and now you feel like you’re supposed to have it all figured out. You’ve got a lot going on: growing your career, getting married, starting a family, paying off student loans, building your career, buying a home, trying to save what you can, and more.

You’re making good money, but can’t decide if it’s better to save for a down payment or pay off your student loans. You want to plan for your honeymoon, but also save for retirement. You want to talk to someone whom you can relate to and someone who understands you. That’s why we started Gen Y Planning: because we didn’t learn about these things in school and now it’s time. (And because we believe that financial planning isn’t just for old white men.)

Our approach is to help you use your money to match your values so you can live an incredible life!

As a Financial Planning client, you’d get:

    • A free 30-minute consultation to assess your current financial situation and walk you through the financial planning process.
    • A 60-90 minute Initial Discovery Meeting via video conferencing, where we talk more in depth about your financial goals and most pressing financial concerns.
    • A 60-90 minute Recommendations Meeting, which includes:
      • An easy-to-read summary of your current net worth, goals, action items, and more.
      • Recommendations in the following areas: savings targets, debt repayment, investment goals, retirement planning, insurance, estate planning, and tax planning.
      • An asset allocation for your current 401(k) or work retirement plan.
      • A recommendation of the credit card that fits your needs based on your spending.
      • Connections via email to experts in our network (CPAs, estate planning attorneys, insurance agents).
    • 60-minute follow-up meetings every 4-6 months, or as a major life event comes up, to check your progress.
    • A CFP® and Lead Planner who you can reach out to via email any time as your situation changes.
    • Recommendations to other experts in our network such as estate planning attorneys, CPAs, and insurance agents.
    • Partner with a Robo-Advisor to streamline investment advice. This is available as an “add on service” for 70 basis points. I use Betterment for Advisors as my investment management platform, which charges a platform fee of 20 basis points.

If you’re ready for actionable financial planning advice to help you find clarity around your money, then you’ve come to the right place.

It’s time to stop making haphazard decisions about your finances and instead talk to a fee-only CFP® (who will act as a fiduciary) to help you get on track so you can reach multiple financial goals simultaneously!

Fees range based on the complexity of your situation. The set-up fee starts at $2,000 up front, followed by a monthly retainer of $215 per month.

 


 

If you’re saying to yourself, “I’m not quite ready to work with a financial planner on an ongoing basis. However, I still have a few pressing financial questions that I’d like help on. What should I do?”

Answer: Try a Quick Start Session!

This video call session is 60 minutes for individuals and 90 minutes for couples. It includes an in-depth discussion of your 2-3 most pressing financial topics, such as:

  • Which payment plan should I choose for my student loans and how can I pay them off faster?
  • Should I refinance my student loans?
  • How do I sign up for my 401(k) and choose the investments?
  • Can you help me with a budget or spending plan?
  • How much should I set aside for emergency savings vs. savings for other goals?
  • What steps can I take to improve my credit and which credit card is best for me?
  • How do I start a Roth IRA and where should I set up the account?
  • Can you help me read my company benefits package and choose my benefits?
  • How much and which kind of life insurance should we have if we just had a baby?

You’ll receive a follow-up email with recommendations and an action checklist within 24 hours so that you can take action right away!

Cost: $600 for individuals and $900 for couples.

Details about ongoing financial planning and Quick Start sessions is also available as a downloadable PDF.