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Personal Financial Plan
for

John and Jill Sample
by Samantha Higgins ABC Financial Services 123 Williams Ave. Charlotte, C 28277 (704) 555-9867

NSTR-577 09/14/2007

Table of Contents
Preface . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Current Profile . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Part I -- Current Situation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 A. Net Worth . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 B. Cash Flow . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 C. Income Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 D. Investment Asset Allocation . . . . . . . . . . . . . . . . . . . . . . . . 12 E. Tax-Advantaged Investments . . . . . . . . . . . . . . . . . . . . . . . F. Debt Management . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . G. Risk Management . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1. Disability Income Insurance . . . . . . . . . . . . . . . . . . . . . . 2. Life Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 17 18 18 20

3. Long-Term Care Insurance . . . . . . . . . . . . . . . . . . . . . . . 22 4. Health Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 5. Property and Casualty . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 Part II -- Goals & Objectives -- Life Events . . . . . . . . . . . . . . . . . A. Education Financing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B. Other Financial Goals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C. Retirement Planning . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . D. Estate Planning . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 26 28 29 33

Part III -- Action Plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 Your Financial Objectives . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 Funding Plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 Total Capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43 Questionnaire . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44 Appendices Appendix A -- Glossary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A-1 Appendix B -- Estate Planning . . . . . . . . . . . . . . . . . . . . . . . . B-1 Appendix C -- Financial Aid . . . . . . . . . . . . . . . . . . . . . . . . . C-1

09/14/2007 NSTR-577

Preface
John and Jill, this report is intended for discussion and initial planning purposes only. While every effort has been made to provide an accurate analysis of your present situation and to tailor comments and recommendations to your specific needs, there are no hard and fast rules about which strategies will work and which will not. Since this analysis is based, in large part, on the information you have supplied, the accuracy and usefulness of the analysis will depend on the accuracy and completeness of that information. This analysis is designed to help you understand general courses of action which may help you meet your financial objectives. However, neither our Company, nor any of its agents, representatives, or employees are permitted to, and therefore, will not provide any legal, tax, or accounting advice for which you should consult with your own personal attorney or accountant. The overall results you achieve when you implement the recommendations contained in your Action Plan may be affected by changes that occur in your financial circumstances as well as the economy. Therefore, it is important that you keep track of your progress and make changes as...
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