In our Annual Renewal Meeting, we might only talk about a few topics. But our preparation covers a long list of topics.
That comprehensive review enables us to identify the short list of issues that are most important and/or most urgent, so we can prioritize discussing those in the meeting. Here are the topics we review, as appropriate to your situation, in advance of your Annual Renewal Meeting.
- Your inputs and questions from the questionnaire
- Investments: Strategy, managed Schwab portfolio, accounts we don’t manage, company stock (More details)
- What has happened in the last year
- Life goals
- Net worth
- Retirement:
- Long-term/retirement projections
- Portfolio withdrawals
- Coast FIRE status
- Savings and savings rate
- IRA contributions
- Savings for other goals
- Cash flow
- Cash levels
- Paystub (401(k) contributions, other deductions)
- College planning, depending on child’s age
- Stock compensation
- Debt repayment
- Taxes: Strategies for anomalously low/high-income years, current tax situation
- Giving/Charitable strategy
- Insurance (every other year unless big life event occurred): Auto, homeowners/rental, life, disability, liability, etc.
- Estate planning (every other year unless big life event occurred): documents, beneficiaries
- Children: Legal and financial considerations at various ages
- Tasks that have been previously assigned to you, still outstanding