Luke McCord (CFP®)

Planning Specialties

CASH FLOW AND DEBT MANAGEMENT

I'll conduct a review of your income and expenses to determine your current surplus or deficit along with advice on prioritizing how any surplus should be used or how to reduce expenses if they exceed your income. Advice may also be provided on which debts to pay off first based on factors such as the interest rate of the debt and any income tax ramifications.

COLLEGE FUNDING

Includes projecting the amount that will be needed to achieve college or other post-secondary education funding goals, along with advice on ways for you to save the desired amount. Recommendations as to savings strategies are included, and, if needed,

RETIRMENT PLANNING

Though I believe that saving is the true creator of wealth, responsible and appropriate long-term investing is nearly essential to fund your eventual retirement or legacy goals.  Retirement planning typically includes projections of your likelihood of achieving your financial goals, usually focusing on financial independence as the primary objective.

RISK MANAGEMENT

A risk management review includes an analysis of your exposure to major risks that could have a significant adverse impact on your financial picture: early death, disability, property and casualty losses, or the need for long-term care planning. 

MONEY GOALS

We will identify what you plan to accomplish, what resources you will need to make it happen, how much time you will need to reach the goal, and how much you should budget for your goal.

INVESTMENT REVIEW

This may involve developing an asset allocation strategy to meet your goals and risk tolerance, providing information on investment vehicles and strategies, reviewing employer-sponsored retirement plans, as well as assisting you in establishing your own investment account at a selected broker/dealer or custodian.