How do you break down financial goals for your client?

How do you break down financial goals for your client?

Average Income for Young, Middle Class and Elderly Americans

A few demographic visuals your clients may have never seen or were aware of…

Breakdown of Income by Age:

Goals by Income Level:

Where Spending Takes Place

Which image does your client identify with?

Goals – 1949 vs. 2011

Does your client know where the money goes?

Goal expenditures:

Go from the abstract to the concrete by talking to your clients about their financial goals and where they want to be financially, at retirement, and beyond.

A roadmap for your client goes beyond creating a detailed cash-flow forecast going out 30 years. It starts with looking at what your client can afford today so they can begin to see what they can afford in the future.

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