What is your net worth (subtract total debt from total assets)?
 
 
 
 
 
What % of your gross income do you save per month right now?
 
 
 
 
 
How much are you currently saving in dollar amount per month?
 
 
 
 
 
Where is your money located (Vanguard, TIAA-CREF, Fidelity, etc.)?
 
 
 
 
 
What type of investments are there (identify by name)?
 
 
 
 
 
How much money is in each investment?
 
 
 
 
 
What is the yearly cost per investment (expense ratio, loads, fees, etc.)?
 
 
 
What is 4% of your total portfolio (include all accounts that are liquid)?
 
 
 
 
 
What is that number divided by 12?
 
 
 
 
 
What is your current asset allocation (how much in stocks vs. bonds/cash)?
 
 
 
 
 
Are you good with that asset allocation at this time?
 
 
 
 
 
What do you want your asset allocation to be in retirement?
 
 
 
 
What pensions do you have, if any?
 
 
 
 
 
How much will that pension pay?
 
 
 
 
 
When will the pension pay (identify amounts based on various dates)?
 
 
 
 
What type of life insurance do you have (whole life, term, etc.)? Payout?
 
 
 
 
 
Do you have cash value on any life insurance policy? How much?
 
 
 
 
 
Do you have annuities? What type (fixed, variable, indexed, etc.)?
 
 
 
 
 
How much do you have in total with each annuity right now?
 
 
 
 
 
What are the yearly cost per annuity?
 
 
 
 
 
What is the surrender penalty today on your annuities?
 
 
 
 
 
What day, month and year does each surrender penalty go away?
 
 
 
 
 
What is the average life expectancy for someone your age and gender?
 
 
 
How much will your Social Security benefit be at age 62?
 
 
 
 
 
How much will your Social Security benefit be at FRA age (65,66, or 67)?
 
 
 
 
 
How much will your Social Security benefit be at age 70?
 
 
 
 
 
How big will your spousal benefit be at FRA (half of spouses FRA benefit)?
 
 
 
 
 
How big will your ex-spousal benefit be at FRA, if it applies?
 
 
 
 
 
How big is your survivor benefit (if your spouse died) at 60? At FRA?
 
 
 
 
 
How much do you owe on your home?
 
 
 
 
 
How much is the home worth (a real estate agent can tell you)?
 
 
 
Do you intend to take out a reverse mortgage or home equity line?
 
 
 
 
 
What other debt do you have?
 
 
 
 
 
How much do you owe on each debt and what is the interest rate?
 
 
 
 
 
What debt payments do you expect to still have in retirement?
 
 
 
 
 
Do you have long-term care insurance? How much do you pay? Length?
 
 
 
 
 
Do you have an immediate annuity? What will it pay? When?
 
 
 
 
 
Do you have any other type of income not yet identified? What?
 
 
 
 
 
Do you have any other assets that can be sold? What are they worth?
 
 
 
How much are your monthly bills?
 
 
 
 
 
How much are your yearly bills that are not paid by the month?
 
 
 
 
 
What do you project those monthly and yearly bills to be in retirement?
 
 
 
 
 
How much are your car and home insurance premiums? Deductibles?
 
 
 
 
 
Do you expect to work part-time in retirement?
 
 
 
 
 
If so, how much are you expecting to earn per month in retirement?
 
 
 
 
 
When do you want to retire by day, month and year? Why that date?
 
 
 
 
 
What % do you expect to pay in federal and state taxes in retirement?
 
 
 
Do you have a pre-tax retirement account at work? How much is in it?
 
 
 
 
 
Do you have an after tax Roth account at work? How much is in it?
 
 
 
 
 
Do you have a Traditional IRA outside of work? How much is in it?
 
 
 
 
 
Do you have a Roth IRA outside of work? How much is in it?
 
 
 
 
 
Do you have taxable accounts outside of retirement? Total? Type of funds?
 
 
 
 
 
Do you have a will? Is it updated? Do you have a trust? Do you want one?
 
 
 
 
 
Do you have a death file? Have you educated others on your desires?
 
 
 
 
 
Do you have a financial plan?

What is 4% of your liquid assets (do not include home equity)?
 
 
 
 
What is the total portfolio costs in % terms?
 
 
 
 
What will be your fixed income per month in retirement?
 
 
 
 
What will be your monthly and yearly living expenses in retirement?
 
 
 
 
When will you take Social Security? Why?
 
 
 
 
Will you pay the mortgage off before retiring? Why? Why not?
 
 
 
 
When can you live on your fixed income + 4% of your liquid assets?