Individualized Financial Health Analysis
Helping families better understand their finances.
Understanding the Importance of a Financial Health Analysis
An FHA is to analyze your current financial situation, your future financial needs and goals and what you need to do to reach these goals. Because it gives you a complete picture of your finances, an FHA also ensures that you are getting appropriate financial products that you can afford, that are not too risky and that will help you finance your dreams and ambitions such as having enough money for retirement.
Why do you need an FHA?
- It gives you an objective view of your financial status, which helps you get a clear and complete picture of your finances
- It identifies any shortfalls or overlaps in your financial products, for example if you have enough or too little life insurance
When you have completed an FHA, you can build a financial plan that is affordable and unique to you.
“Financial planning and financial peace of mind starts with an FHA”
FHA Can Show
- Debt Elimination:
Discover strategies for paying off credit cards and loans in the quickest and most efficient manner possible.
- Retirement Solutions:
Receive a detailed analysis regarding the amount of money you need to live the retirement of your dreams.
- Income Protection:
Find out what you need to do to ensure your family’s financial future should you die prematurely.
- Education Funding:
Estimate the actual costs of sending your child to a specific school and find out how to fund your child’s education.
You can use these recommendations to build your financial plan. Remember to review them at least once a year to make sure any changes in your life are included in your plan. Completing an FHA may seem like a lot of work, but it really is a good idea. It identifies what you need to do to ensure that you and your family are financially provided for should something happen, and that you will be financially comfortable in your retirement.
We offer the Financial Health Analysis (FHA). The FHA gives a detailed overview of your current financial situation and suggests a personalized strategy for your financial security. The FHA is complimentary, confidential, and customized for every family that we serve.
