How do you break down financial goals for your client?
Jun 20, 2015
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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