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1.Retirement Planning Process Steps: EGADIM (EGAD I Made fo fo fo fo fo fo fo f
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Gather Data Anal fo fo
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Plan Monitor Pla
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2.Step 1 Retirement Planning Process: Establish Client Relationship
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Based upon trust and a mutually defined understanding of the scope of
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Perception of trustworthiness Iden fo fo fo
tifying the services to be provided
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Disclosing the counselor's compensation arrangement De fo fo fo fo fo
termining each parties responsibilities fo fo fo
Establishing the duration of the engagement fo fo fo fo fo
3.Step 2 Retirement Planning Process: Gather Da
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ta Ran unprocessed materials
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Needed to form valid goals and expectationfo fo fo fo fo fo
s Family
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4.Step 3 Retirement Planning Process: Analyze and Evaluate Clients Info
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Create financial statements Create cash flow statement and statement
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of financial position Requires you and the client to agree on economic a
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ssumptions; future inflation and return expectations fo fo fo fo fo
5.Step 4 Retirement Planning Process: Developing and Presenting Fin
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ancial Planning Recommendations and/or alternatives
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An option could always be to continue doing what they're
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doing Making 2 or 3 other suggestions
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Review pros and cons fo fo fo
Help them arrive at a decision they feel good about
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6.Step 5 Retirement Planning Process: Implementing the Financial Pla
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A plan needs to be implemented in order to make any pr
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1.Retirement Planning Process Steps: EGADIM (EGAD I Made fo fo fo fo fo fo fo f
oit) Establish Client Relationship
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Gather Data Anal fo fo
yze Data Develo fo fo
p Plan Implement
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Plan Monitor Pla
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2.Step 1 Retirement Planning Process: Establish Client Relationship
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Based upon trust and a mutually defined understanding of the scope of
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ervices to be offered fo fo fo
Perception of trustworthiness Iden fo fo fo
tifying the services to be provided
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Disclosing the counselor's compensation arrangement De fo fo fo fo fo
termining each parties responsibilities fo fo fo
Establishing the duration of the engagement fo fo fo fo fo
3.Step 2 Retirement Planning Process: Gather Da
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ta Ran unprocessed materials
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Needed to form valid goals and expectationfo fo fo fo fo fo
s Family
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Incom
e Assfo
ets De fo
bts
Time horizo fo
ns Health fo
Estate Plans fo
4.Step 3 Retirement Planning Process: Analyze and Evaluate Clients Info
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Create financial statements Create cash flow statement and statement
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of financial position Requires you and the client to agree on economic a
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ssumptions; future inflation and return expectations fo fo fo fo fo
5.Step 4 Retirement Planning Process: Developing and Presenting Fin
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ancial Planning Recommendations and/or alternatives
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An option could always be to continue doing what they're
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doing Making 2 or 3 other suggestions
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Review pros and cons fo fo fo
Help them arrive at a decision they feel good about
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6.Step 5 Retirement Planning Process: Implementing the Financial Pla
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A plan needs to be implemented in order to make any pr
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