MAKING YOUR MONEY LAST
Retirement Planning Is Cash Flow Planning
Plan, Invest, Save
Build a plan that works for YOU!
Cash flow planning is not complicated, but you need a detailed cash flow calculator that accurately accounts for your income and your expenses over time and identifies periods when you may fall short and when you may come out ahead.
Our Approach
Our proven workflow
Happiness is a positive cash flow. That’s especially when it comes to your retirement. Knowing that you will be able to retire comfortably is particularly gratifying. The best way to find that particular form of personal happiness is to use cash flow analysis in your retirement planning.
Analyze
Cash flow planning starts with a careful month-by-month analysis of income and expenses over time.
Plan
The cash flow calculator lets you fine tune your monthly budget and spending habits.
Manage
Manage your cash flow plan to see how changes can effect your retirement savings.
Details Matter
Don’t Lump Expenses Together
Add up your projected expenses year by year. The amount you use in your analysis needs to include everything. Many times people say something like, “That’s easy. Our expenses are $3,000 a month.” So I ask, “Do you play golf? Did you include lunch money? Do you give money to your children or grandchildren?” Almost everyone overlooks many expenses.
Financial Analysis
You can be sure that your retirement will stay on track using our Cash Flow Calculators.
Financial Management
Our Cash Flow Calculators manage your financial plan to keep it on track for the future.
Investments
Our Cash Flow Calculators make sure your nvestments and savings are accurately projected for the best outcome.
As you set up your cash flow plan, you’ll realize that financial planning is an art, not a science. You can’t predict your exact income or expenses. You may not get that part-time job. You may incur unexpected medical expenses. You may receive an inheritance. Start with your best guess, with the idea that you will review your plan annually, if not two to three times a year.
Once you have your best guesstimates laid out year by year, you’ll probably find that your planned cash flow is not consistent. The money you’ll spend on that long-awaited vacation the year you retire will take your cash flow down a notch, while the proceeds from a capital gain will increase cash flow.
Get in touch
Contact Us
(516) 426-6331
info@smartloanadvisors.com
Garden City, NY
