How much life insurance do I need?
A useful starting point is to look at income replacement, debts, mortgage obligations, education goals, caregiving needs, and business responsibilities. Sarah can help you review what protection may be appropriate for your situation.
Should I choose term or permanent life insurance?
Term and permanent life insurance can serve different planning roles. The right fit depends on time horizon, budget, family needs, business needs, and how protection fits with the rest of your financial plan.
When should I review my existing life insurance policy?
Review coverage after major income changes, marriage, divorce, a new child, a home purchase, business ownership changes, or when a policy has not been reviewed in several years.
What should be included in a financial plan?
A coordinated plan can include goals, cash flow, protection, retirement, investments, tax-aware strategies, education funding, business planning, and legacy considerations.
Do I need a financial advisor if I already have accounts and insurance?
Many people have financial pieces but no single strategy tying them together. An advisor can help identify gaps, organize priorities, and clarify what should happen next.
What should I bring to a first financial planning conversation?
You do not need everything organized for the first call. It helps to know what prompted the conversation, what feels unclear, and which decisions are coming up.
How much do I need to retire?
The answer depends on lifestyle, income sources, savings, taxes, health care, market risk, inflation, and how long retirement may last. Sarah can help model these pieces together.
How do I turn retirement savings into income?
A retirement income plan considers Social Security, retirement accounts, taxable assets, guaranteed income sources, cash reserves, withdrawal timing, and tax-aware sequencing.
When should I start retirement planning with an advisor?
Earlier planning creates more flexibility, but meaningful improvements can still happen near retirement when income, protection, and withdrawal decisions become more immediate.
How should business owners plan for retirement?
Business owners often need to coordinate retirement savings outside the company, business value, tax-aware strategies, succession, income protection, and an eventual exit plan.
What is business continuation planning?
Business continuation planning considers what happens if an owner dies, becomes disabled, exits, or needs to transfer ownership. Protection and buy-sell funding may be part of that conversation.
Why should a business owner work with a financial advisor?
A financial advisor can help connect business priorities with personal goals, family protection, retirement planning, and other professional advisors such as CPAs and attorneys.
How can women build a financial plan after a major life change?
A first step is organizing income, accounts, debt, protection, beneficiaries, retirement goals, and immediate decisions. Planning should move at a pace that creates clarity.
How should families balance college savings and retirement?
Families usually need both priorities in view. Sarah can help discuss tradeoffs between education funding, retirement savings, protection, and short-term cash needs.
What financial planning topics should new parents review?
New parents often review life insurance, disability income protection, emergency savings, beneficiaries, education savings, and long-term retirement goals.