Aspiring Young Couple who is Disciplined for Long Term Success

This clients are frugal. They earn a combined income of roughly $60,000 per year and have three kids, a mortgage, and a car payment. Heritage Investors started the financial planning process by discussing their financial goals, any concerns, and performed a comprehensive, thorough analysis of existing finances. Three areas were of concern:

Protection Planning:

• Recommended and helped them secure the proper life, disability, and other protection products.
• Worked with legal council to help them secure the proper legal documents for their assets and minor children.

Debt Reduction:

• Developed a debt elimination plan to minimize the amount of time on debt eradication of all liabilities except the mortgage.

Accumulation Planning:

• Developed an introductory investment statement and are currently educating the client in portfolio management.
• Created a financial independence/retirement funding plan
• Implemented a college funding plan utilizing a tax-advantaged investment vehicle.