Financial Action Plan Checklist
This form is intended to help us help you accomplish the financial and life items that are most important to you for moving forward with your financial plan. You can complete this as often as you want in the future, so it is a "snapshot in time" of what is top of your agenda. We have the most success focusing on 90 day increments, so the most important focus is what you want to work on in the next 90 days. Mark those items as "This Quarter". So that we don't lose sight of them you can mark other items as "Later This Year" or "Beyond This Year" for future planning or "Not Applicable" if it won't be part of your planning needs. You can add any additional action items at the bottom of the form.
Name
First Name
Last Name
Email
example@example.com
Date
-
Month
-
Day
Year
Date
General Financial Planning - I am committed to working on the following:
Next 90 Days
Next 12 Months
Beyond 12 Months
Not Applicable To Me
Update my info with financial providers (address or name change, contact info update)
Update passwords on financial sites to reduce ID Theft possibility (set up password manager)
Set or clarify my retirement-related goals
Set or clarify college savings goals
Set or clarify other financial goals I have
Buy a home or investment property
Upload current Social Security statements, employee benefits info or other important planning documents to Document Vault in Right Capital
Household and/or Business Cash Flow - I am committed to working on the following:
Next 90 Days
Next 12 Months
Beyond 12 Months
Not Applicable To Me
Set up/review my budget/cash flow plan
Set up/update my cash flow tracking program (Right Capital, Quicken, Every Dollar, Mint, etc)
Review recurring expenses to find items to cancel, reduce or improve
Have a cash flow conversation with spouse/significant other/advisor
Refinance a mortgage, student loan or other loan
Pay off a credit card or other loan
Consult my tax advisor or establish a relationship with a new one
Upload copies of Tax Documents to Document Vault of Right Capital
Investment Planning - I am committed to working on the following:
Next 90 Days
Next 12 Months
Beyond 12 Months
Not Applicable To Me
Review scheduled 401(k) and other employer plan deferrals (Max increased $1000 for 2022)
Make Roth or Traditional IRA contributions for 2021 prior to April 15
Make Roth or Traditional IRA contributions for 2022
Set up or update monthly contributions into a non-retirement investment account
Make HSA contributions for 2021/2022 (if enrolled in HSA-eligible insurance plan)
Have HSA excess savings invested for long-term growth (if enrolled in HSA-eligible insurance plan)
Make 529 plan or Coverdell ESA college savings contributions for child/grandchild
Establish and/or fund self-employed retirement plan (e.g Solo 401(k) or SEP IRA)
Review risk tolerance and return expectations to confirm they align with current investment allocation
Transfer or Rollover retirement or other investment accounts from one provider to another
Insurance Planning - I am committed to working on the following:
Next 90 Days
Next 12 Months
Beyond 12 Months
Not Applicable To Me
Establish new life insurance coverage or review existing coverage
Establish new disability insurance coverage or review existing coverage
Establish new Long Term Care (LTC) insurance coverage or review existing coverage
Review existing homeowner’s/renter’s/auto/umbrella/earthquake, etc. insurance coverage
Review employee benefits and make any necessary adjustments
Upload copies of insurance policies/renewal statements to Document Vault of Right Capital
Estate Planning - I am committed to working on the following:
Next 90 Days
Next 12 Months
Beyond 12 Months
Not Applicable To Me
Establish a will/trust
Review my will/trust to ensure they reflect current wishes
Review my beneficiaries of retirement plans/life insurance for accuracy
Consult with an estate planning attorney for estate planning concerns or strategies
Communicate estate planning situation to important people (spouse, adult kids, guardians, trustees, etc.)
Upload copies of wills/trusts/other estate planning documents to Document Vault of Right Capital
Provide any additional action items or details of your intended actions above. Additionally, you can provide target date goals for any specific items. We can add those dates to the Task List of Right Capital to help you stay on track.
Submit
Registered Representative offering securities and advisory services through Independent Financial Group, LLC (IFG), a registered broker-dealer and investment advisor. Member FINRA/SIPC. Phase Four Financial Solutions and IFG are unaffiliated entities. OSJ Branch: 12671 High Bluff Dr Ste 200 San Diego, CA 92130.
Should be Empty: