Aligning Money with Personal Goals
HIGH-INCOME FAMILIES
The Client’s Situation
Danny and Jen are parents of young children who understand the importance of a financial plan but don't have the time to manage their own finances on top of their careers, travel, and family time.
Danny was recently promoted to a corporate executive and has a very attractive income package, allowing Jen to stay home with their kids.
Our Process and Approach
During our initial conversations with Danny and Jen, we discovered that their income had doubled over the past five years and their lifestyle and spending habits had increased as well. We dug deeper to gain an understanding of what drove their decisions about money and found that they both grew up in lower/middle-income households where they had loving families, but money was tight at times.
They mentioned the importance of providing experiences for their children that they did not have when they were growing up. As we discussed their values, we came to the conclusion that time with family and friends was more important than anything else.
Danny and Jen are both educated and highly motivated people who work hard and want to enjoy the fruits of their labor, which includes lots of family travel and a possible beach house. They understand that proper planning is the only way to enjoy the life they want for the long-haul.
They enjoy having a financial planner who is able to quickly address any life changes that come their way.
Achieving the Client’s Goals
Holding on to their core values was super important to them, but they also knew they had the income to live a great lifestyle. We enjoyed discussing how to balance family and finances as we got to know them on a deeper level.
This enabled us to develop a cohesive plan that focused on the relationships they cherished the most. They also knew that life is constantly changing, so we built the plan with flexibility to divert assets to new goals as things come up.
We developed their spending and investment plan to address both their short and long-term goals while supporting the lifestyle they wanted. It was structured around their family and understanding of their desire to invest and save in a manner that would facilitate more time to be together.
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See How Our Experience Can Help You
We know how much you have to balance, and we have the personal experience and expertise to help you feel comfortable and confident about your finances. Get to know us and share more about your goals so we can help you create a personalized financial journey.