In the Values and Possibilities meeting, Anthony’s partner comes up in the conversation when discussing the possibilities for the future and we identify that marriage may be a potential goal soon. They also identify the importance of supporting non-profits that support diversity and inclusion in tech. Anthony also has the first money memory of having to work to buy his own clothes growing up and shares that he feels that he may have to support his parents in their retirement.
In the Getting Organized meeting, Anthony starts to see how all of his financial life can be confined to one convenient portal and is excited to see everything in one spot. Working with Lucas, they begin to set dates and values for Anthony’s expenses, savings, travel goals, and they add a placeholder 2 years out for a wedding goal.
In the Strategy Guide 1.0 Proposal meeting. Before diving in they reflect on the goals and things in life that Anthony shared is the most important to him. Anthony sees that although he has a negative net worth due to student loans and credit cards, he has some meaningful assets, and his net worth is not as bad as he thought. As they discuss the Strengths, Weaknesses, Possibilities, and Threats Anthony is shocked at how accurate the details are. Whoa, something unexpected appears on the screen. Anthony has a 80% chance of reaching all of the key goals outlined. More importantly, he sees that he can increase the probability by saving an additional $300/month OR delaying retirement until age 60. As the meeting wraps up, Anthony is provided recommendations that help create more structure to his savings, a debt repayment plan, insurance recommendations to protect his soon to be spouse, tax strategies that reduce his taxes by $3,000/year, & estate strategy to make sure his assets are transferred to his siblings and partner.