5  Step Financial Planning Process

 

 Step 1 - No Obligation Session
At this meeting, a specially trained MetLife financial planner will listen to your financial concerns and discuss what financial planning can do to help you achieve your objectives.

Step 2 - Gather Information
If you decide to purchase financial planning services from MetLife, we move on to the next and most important step; data gathering. This is where we learn about all of your financial goals, objectives, assets, liabilities, income, and expenses. The foundation of a sound financial plan is having a clear understanding of who and what you are. This information is kept strictly confidential.

Step 3 - Analysis and Recommendation
A preliminary analysis of the information about you is prepared. This includes reviewing all of your objectives and determining if they are feasible. Your planner may consult, with your permission, with your attorney, accountant, or other adviser to make sure the data is complete.

Step 4 - Final Plan Review
After all of the alternatives and information is analyzed, a final plan will be presented to you. The final plan is a written document prepared especially for you by your planner. It contains specific recommendations designed to meet your financial goals and needs.  Of course, you are free to implement your plan at a financial institution of your choosing.

Step 5 - Update as Needed
In life, one thing is constant; change. Each year, and perhaps more frequently, your income, investments, assumptions, and objectives will change. This is why your MetLife financial planner stands ready to update your plan as needed.