Financial Planning

Let’s define your family’s goals and create a roadmap that gets you there. Whether you are active duty, transitioning out of the military, or a veteran, we can create a plan that anticipates the bumps in the road that you don’t see. Your personal financial plan is stress tested with multiple scenarios until you’re confidently traveling in the right direction.

Secure Your Future

Buying a home. Saving for college. Retirement planning. We all have financial goals we want to achieve, but often have no idea how to get there. For members of the military, too often these goals take a back seat to frequent deployments and PCS moves. We all need a “financial roadmap” to chart out the best route to achieve our financial goals.

AAFMAA Wealth Management & Trust can help.

We invite you to learn more about our financial planning services and how we can partner with you to provide the best future for your family. If you are a current or potential AAFMAA member and would like to speak with us about Financial Planning, please call us at 910-307-3500 for our Fayetteville office, 703-707-8020 for our Reston office, 407-636-8112 for our Florida office, or toll-free at 1-800-522-5221.

Frequently Asked Questions

Our financial plan focuses on six different areas:

Net worth – what are your assets and liabilities today and how might you expect them to grow over your lifetime?

Cash flow – what are your current income and expenses and what changes do you expect? What’s going to happen at retirement?

Insurance analysis – do you have enough life insurance to take care of your family should you die prematurely? Should you be considering disability insurance or long term care coverage?

Education funding – how can you best save for your children’s college educations? How much should you be setting aside? What’s the best vehicle to use?

Retirement planning – which elections should you make with regard to your military retirement pay? What if you start a second career? What will your expenses be and how can you best fund them? What investments and asset allocation will help you get where you want to be?

Estate planning – what’s the most tax efficient way to transfer assets to your family after your death? What planning choices should you be considering? How can you maintain planning flexibility when tax laws are constantly changing?

The real value in financial planning lies in the implementation and monitoring of the decisions you make – otherwise, the plan will be nothing other than a large notebook gathering dust on your shelf. AAFMAA Wealth Management & Trust will continue to work with you to be sure you put ideas into action.

We will ask you to provide us with information about your family, income and expenses, current assets and investments, income tax returns, current retirement schedules or projections, existing insurance and estate planning documents. We will also discuss your personal and financial goals and timeframe.

We expect that most financial planning engagements will encompass four meetings between you and one of our professionals. Once all the initial information has been collected and analyzed, there will be the opportunity to review the results of our initial analysis and discuss any modifications that need to be made if it appears that any of your goals cannot be met. The final plan and recommendations will be presented at the fourth meeting.

The fee for a comprehensive financial plan is $2,100. We provide financial planning services on a “fee only” basis; there is no obligation or expectation that any of the plan recommendations be executed through AAFMAA or any of its affiliates, although you are free to do so if you wish.