Positive Progress Report

Implementation & Monitoring

Positive Progress Report

Once you’ve approved of the recommendations presented in this document, it’s necessary to establish both how and when they’ll be implemented. It’s also important to decide on how often the financial plan should be reviewed, and what benchmarks will be used to measure success.


Positive Progress Report


OBJECTIVE PROGRESS
ACHIEVED
FURTHER
PROGRESS
SPECIFIC
ACTION
TEAM MEMBER/
DATE DUE
To make a serious attempt of increasing our financial understanding to plan for today and the future. Meet with Advisors to begin the process of reviewing personal savings/investment strategy, (ongoing)To periodically update Wills for Sarah & John - meet with Lawyers at least every 2 years (Davis Lawyer & Jack Lawyer)- Davis & Jack
Reviewed budget and cash flow (ongoing)To build a program to protect John’s income if sickness or injury were to occur- prepare analysis to present- Mike Washburn
Natacha Wedge
- March 2008
Develop an investment program that is consistent with risk tolerance that provides the appropriate asset class mix to achieve the necessary long-term returns and minimize volatilityMike Washburn to meet with referral to introduce our planning services- referral by Sarah & John Mike Washburn
- March 2008
Deposit enough capital to achieve short & long-term goals
To assess the advantages & disadvantages of John owning a Tax Exempt Insurance program



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