When you look at your overall financial picture, what do you see? Do you have a unified, strategic, and focused portfolio with every piece of the puzzle working together to get you to a specific goal? Or, do you have a 401(k) here, an IRA there, a life insurance policy somewhere else? Do you remember why you purchased certain products or opened particular accounts, or is your financial plan all over the place?
At Harbor Wealth Management, our goal is to help you take command of your wealth by creating custom strategies to work toward your goals. We know that’s easier said than done, so we are excited to announce that Harbor Wealth Management now offers eMoney, a dynamic wealth management tool that helps you keep all the pieces of your complicated financial life organized. Here’s a look at what eMoney can do for you.
eMoney and Your Financial Plan
Through our financial planning process, our goal is to help our clients consolidate all of their financial information in one place and feel confident in their financial plan. To do so, we now offer an advanced, comprehensive financial planning software to serve you better. Using eMoney, we have the ability to show you real-time financial planning and forecast different outcomes in an easy-to-understand way. By illustrating your progress toward your goals, the system can help you understand whether or not you are on track and help you evaluate how to improve.
What Sets eMoney Apart
Through its user-friendly system, the powerful software aggregates your accounts so you can see all of your assets and debts in one place. Then, the system allows you to evaluate the impact of changes like your savings rate, tax rate, retirement date, and returns.
Tools including Cash Flow Planning, Estate Planning, and Goal-Based Planning illustrate the effect your decisions could have on your financial life. For example, if you are planning to gift a lump sum to your favorite charity, we can illustrate how that gift will impact your cash flow at age 90 or your plans to purchase a vacation cabin. The Goal-Based Planning module also tracks your progress towards each of your goals.
The Decision Center allows you to assess your net worth and projected cash flow based on multiple variables at once. By adjusting each variable, such as “Retire Three Years Later” or “Sell Second Home”, you can discover new ways to pursue the goals that are most important to you.
Making eMoney Work For You
We added eMoney to our practice to help you better understand how your strategies work and what opportunities are available to you so you can make informed financial decisions. As you chart your financial course, we serve as a reliable resource for objective recommendations and personalized guidance. We hope this new software enhances your life.
Do you want to learn more about this platform or how financial planning may benefit you? Let’s get started on your financial plan! Start your eMoney experience now, send me an email at email@example.com or call my office at 985-605-7185.
With nearly two decades of experience in the financial services industry, Jeremy Smith serves as a dedicated and knowledgeable financial advisor and the founder of Harbor Wealth Management. He specializes in serving retirees, pre-retirees, small business owners, and widows, providing a comprehensive array of investment management and financial planning services. Jeremy aims to serve his clients as a financial guide who is here for their every need, helping families find lasting solutions so they can focus on what matters most to them. To learn more about Jeremy, visit www.myharborwm.com or connect with him on LinkedIn.
Securities and advisory services offered through LPL Financial, a registered investment advisor. Member FINRA/SIPC.
The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. You should discuss your specific situation with the appropriate professional.