Five Minute Financial Plan

Participant Information

First Name

Last Name

Company

Birthdate

(MM/DD/YYY)

Work Email Address

Personal Email Address

Phone

We're here to help! Let's get started on your plan.

Let us know how you're doing in a couple key financial areas. We'll ensure you have the tools you need to verify you're on track, or make some changes to improve your financial picture!

Retirement

Would you like a snapshot of where your retirement savings will take you?

I'm Good

Yeah!

Are You Sure?

At Two West, we are passionate about helping folks on their path to Retirement. As such, we strongly encourage everyone to complete a retirement snapshot to understand where they are on their journey. It's hard to correct your course if you don't know you've strayed from the path!

Are You Saving Enough For Retirement?

Current Annual Income

Retirement Account Balance

Your Savings Rate (%)

What % of your income are you putting into this account?

Your Employer's Contribution Rate (%)

What % is your employer putting into this account?

I have other retirement accounts (like a 401(k) at an old job or an IRA).

Other Retirement Account Balance

Your Target Retirement Age

Number of Years in Retirement

How many years do you plan to be retired?

I'd like to include my significant other's information in this review.

Significant Other Information

Name

Birthdate

Current Annual Salary

Retirement Account Balance

Savings Rate (%)

What % of their income are they putting into this account?

Do you know how to access your retirement accounts?

Do you know if your employer offers "free money" for retirement and, if so, how much it is?

Do you know whether your retirement contributions should be Roth or Pre-Tax?

Pre-Tax, or Traditional, helps save on taxes today. Roth helps save on taxes in retirement.

Do you know how much Social Security income you should expect in retirement?

Do you know whether you will work with a Personal Financial Planner after you retire?

Short Term Savings

Are your housing costs in line?

Housing costs should be less than 28% of gross pay. Includes rent or a combination of mortgage, property taxes and homeowner’s insurance. Doesn’t include utilities or home maintenance costs.

Do you have a sufficient Emergency Fund?

3 to 6 months of non-discretionary expenses. Should be coordinated with long-term disability insurance elimination period.

Are your housing costs + debt costs in line?

The total paid for housing costs and other debt payments should be less than 36% of gross pay. Other debt payments include, but are not limited to, credit cards, auto loans and student loans.

Do you have a plan for getting out of debt?

Debts can be organized according to outstanding balance or APR to determine payoff priority.

Long Term Investing

Do you have children's College Savings underway?

Do you have basic estate documents in place?

Do you have Estate Planning, Charitable Giving, or Legacy goals beyond the basics?

Risk Management

Do you have enough Life Insurance in place?

Rule of Thumb: 7 to 10 times household gross income

Do you have Health Insurance?

Do you have Disability Insurance?

Do you have Long-Term Care Insurance?

Are your other insurance needs in place?

Homeowners or Renters Insurance; Auto Insurance