Score | iPlan

Planning Focus

CONGRATULATIONS!

You’ve done well for yourself. If asked to score your success, where would you rank?

Click on the link below to find out.

1 / 7

Cash Flow Management

Select all that apply to you.

I HAVE at least 3 months of expenses saved

My monthly income exceeds my monthly expenses

The TOTAL of my savings balance is more than the TOTAL of my debts

I HAVE a mortgage

2 / 7

Assistance for Family

Select all that apply to you.

If assisting for college – I HAVE enough savings for tuition (check if N/A)

I DO NOT support my parent's expenses

I DO NOT have dependents that require special assistance

I DO NOT have family members that rely on my financial support

3 / 7

Risk Management

Select all that apply to you.

I HAVE Life Insurance coverage that is at least 3x my annual income/salary

I HAVE an umbrella policy

I DO NOT need Long Term Care coverage because my family will care for me

If I become disabled, my savings or social security WILL support my lifestyle

4 / 7

Retirement Planning

Select all that apply to you.

I contribute to a retirement account every month or year

I DO NOT care if my Social Security income is reduced by taxes

I DO NOT currently receive a pension

My savings is 3x the value of my annual salary/income

5 / 7

Estate Planning

Select all that apply to you.

I HAVE either a Will or Trust that has been updated within the last 5 years

I HAVE either a POA or Medical Directives that have been updated within the last 5 years

I HAVE NEVER been divorced/separated

I donate less than $10,000 in any given year (includes tithing, donations, etc.)

6 / 7

Tax Reduction Strategies

Select all that apply to you.

I AM NOT concerned about paying taxes

I ALWAYS contribute to an HSA/FSA to save money for medical expenses

My income will NEVER be taxed when I withdraw it

I employ tax strategies like hiring family to help reduce taxes (check if N/A)

7 / 7

For Business Owners

Select all that apply or check if N/A.

I understand my employee benefits (check if N/A)

I use my P&L to help forecast and grow my business (check if N/A)

I HAVE a written agreement with a buyer when I decide to sell my business (check if N/A)

I HAVE a funded Buy/Sell agreement for my business (check if N/A)

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1-202-600-9605

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