A quick, powerful, & private financial assessment for clients & friends
Elements are the building block of life. Your finances have elements too, and if you take a few minutes to share, we will immediately return a confidential financial health assessment - a quick, powerful, private summary of your finances that you can use today.
Learn more at www.openwindowFS.com/insight/uncover-your-financial-elements.
Financial elements can help answer questions like:
How much wealth do you need to make work optional?
Tt (Total Term) indicates how long you could live on your current wealth if it did not grow.
Do you have the right mix of assets?
The three Elements to the left of Tt (Total Term) provide a clear view of your asset distribution.
Are you using your income wisely?
The middle row of the Elements table address your cash flow.
Are you taking the right amount of risk?
These Elements indicate the risk levels within your investment portfolio, estate planning, and insurance profile respectively.
Helps us determine whether the client will experience too much volatility risk for their personal level of spending and age.
Helps determine how prepared you are to answer end-of-life financial questions.
Measures how much insurance you have compared to how much you need based on annual spending and net worth. Coverage is evaluated for the following types of insurance: life, general disability, business overhead disability, buy-sell, key person, personal liability, and business liability.
Indicates how much of your income is being saved for future expenses, emergencies and retirement. Also an indicator of your overall financial security.
Burn Rate indicates how much of your income is used for living expenses. It helps you understand your spending patterns and retirement preparedness.
Indicates whether you are servicing too much or too little debt for your individual circumstances
Tax Rate helps you determine if your tax liability could be reduced with better tax planning.
Estimates the number of years you could live on cash or cash-like assets outside of retirement plans. Also indicates the amount of after-tax money you could access if needed.
Estimates the number of years you could live on the assets you have within qualified plans assuming withdrawals are for qualified purposes (ignoring inflation, taxes, and fees).
Real Estate Term
Estimates the number of years you could live on your current real estate equity and how much of your wealth is concentrated in real estate.
Estimates the number of years you could live on your current business equity (ignoring inflation, taxes and fees). It also indicates how much of your wealth is concentrated in the business.
Estimates the number of years you could live on your current assets (cash, investments, business value, real estate equity, etc.) if they didn't grow.
Are you on track to achieve financial security and independence, or perhaps, you're already there? Find out below, today:
Questions? Send us a quick, private note: