In today’s competitive marketplace, the ability to recruit, retain, reward and retire employees at all levels is often the critical difference between business success and failure.
Life Events
The planning process uses the information and data at a particular point in time. Changes occur daily that may require your plan to be updated. Here are a few of examples of life events:
- Jobs, promotion and employee benefits
- New investments or insurance
- Gain/loss of a business partner
- Retirement
- Sold or acquired assets
- Start or purchase of a business
- Sale or purchase of a home
- Change in marital status
- Change in estate plan
- Death of a family member
- Aging parents
- Special needs of children
- College planning for children or grandchildren
- New child or grandchild
- Receipt of an inheritance
- Health concerns
