Plan 642

What is 642 Advising?

This is what truly differentiates us from other financial planning firms. Our areas of focus, the meetings we have with you and our projects with you. 


 6 - The Six Areas of Focus

1. Spending – We’ll build a cash flow statement to help you understand where your money is going. 

2. Debt – Plan out how and when to pay off, and what to change.

3. Large Purchases – Easier to make when scheduled, Home improvements, Parties, Cars, 2nd homes to name a few.

4. Insurance – Finding the correct coverage with the appropriate policies.  

5. College Funding  – Once we know the where & when, we’ll help you plan the how.

6. Retirement – When is what everyone wants to know, Most people forget to consider how they want to live and what that will cost. Every day is Saturday in retirement!


 4 - Meetings


1. Explore – Uncovering and understanding your needs and objectives.

2. Data Verification – Verify findings from documents and explore meeting are correct.

3. Strategy Session – Model your objectives then agree upon strategies and alternatives.

4. Plan Delivery – Present the overall plan & solutions.


 2 - Annual Projects

1. Q.U.I.C. Report

Questions - That you have about your plan and we have about what you’ve been doing.         

Updates - About changes in your life. We’ll update you on accounts, performance, markets, plan actions.                                                          

Ideas - New things you’d like us to consider about your plan/life. We’ll discuss our thoughts on improvements.                                                           

Concerns - Things your consistently thinking about. We’ll discuss changes that may be needed.

2. Plan Update - A combination of a Q.U.I.C. Report and an Explore meeting. Then we’ll discuss and begin working on the adjustments, improvements and new plan objectives for next year.