Financial Planning Checklist

Gathering your financial information is a critical step in the financial planning process. Together, we’ll take a detailed look at the numbers, never losing focus on you, to create a personalized plan of action.

  1. Income

    • If employed

      • Two recent paycheck stubs

      • Bonus / incentive program information

      • Annual Social Security benefits statement

    • If self-employed

      • Schedule C or F from your latest tax return

    • If retired

      • Deposit statements from Social Security

      • Scheduled payouts from retirement accounts

  2. Benefit statements

    • Social Security

    • Supplemental Security Income (SSI)

    • Social Security Disability Insurance (SSDI)

  3. Expenses

    • Rent

    • Utilities

    • Food / Dining out

    • Leisure activities (e.g. movies, travel, etc.)

    • Medical out of pocket

  4. Account statements

    • Savings and checking accounts

    • Retirement accounts (i.e. 401k, IRAs, 403b, 457, pension, etc.)

    • Investment accounts

    • Stocks options and Restricted Stock accounts

    • Health Savings Accounts

  5. Liabilities

    • Mortgage

    • Home Equity loans

    • Car loans

    • Credit Cards

    • Student loans

    Details needed for liabilities
    Outstanding balance

    Interest rate

    Monthly payment

    Term / length

    Origination date

  6. Employee Benefits

    • Employee benefits handbook or summary of employee benefits

    • Employee benefits statement or enrollment confirmation

    • Summary plan description (SPDs) for retirement plans

  7. Insurance

    • Personal

      • Life

      • Disability

      • Long-term care

      • Home

      • Auto

      • Umbrella

    • Medical, vision, & dental

      • Premiums

      • Deductible

      • Maximum out of pocket

    • Business

      • Errors and omissions

      • Key person

      • Commercial liability

      • Malpractice

  8. Estate documents

    • Wills, trusts, power of attorney, and health-care directives

    • Titles or deeds

    • Nuptial agreements (pre or post) and divorce decrees

  9. Tax documents

    • Most recent tax return

      • All schedules (e.g. Schedule C, F, or E)

      • Any state or city returns

    • Most recent W-2s or 1099s