Child & Family Financial Planning
Child Financial Planning & Family Financial Planning
New Arrival

Once a couple is established and ready to start a family (or has just started one!), it's time for the New Arrival plan. Usually in the age range of 30-45, we will develop a plan at the child's birth to start saving for college. To benefit from compounding interest, it's crucial to begin early! And, not including college, it costs about $235,000 to raise a child from birth to age 18. We can help clients determine appropriate levels of insurance coverage to make sure the family is protected while those kids are growing up, while also helping these clients save for future financial goals. 

The New Arrival package includes an initial in-person planning meeting, a customized financial plan and checklist, and one year of follow-up services.

Package Fee: $1,000

Services provided include:

  • Growing household review
  • Discussion of your financial priorities
  • Statement of assets and liabilities
  • Debt review
  • Employee benefits review
  • Emergency savings review
  • Saving & spending analysis
  • Major purchase review
  • Healthcare review
  • Income protection analysis
  • Survivor needs analysis
  • Education funding review
  • Income tax review
  • Action checklist

Optional add-ons for this package include:

  • Detailed budget: $250
  • Student loan review: $200
  • Investment allocation plan: $250

The New Arrival Package makes a great gift for new or expectant parents. Is someone you love starting a family of their own? Contact us and ask about giving a gift that lasts a lifetime!