Financial Planning

Personalized, unique and thoughtful financial planning.

Plotkin Financial Advisors, LLC, implements a customized approach to financial planning that focuses on helping you clarify your goals, plan for the future, and build a legacy.

Our Certified Financial Planners ™ become your personal resource and understand that no one individual or family is the same. This is why we take the time to get to know you, determine how we can help, and identify with your concerns as well as your goals. It is through this discovery that we offer comprehensive solutions that alleviate these concerns and move you towards your goals.

Chart your journey.

Personal financial planning is a comprehensive solution that requires a complete approach because of the wide range of considerations involved in completing your financial plan. However, it is our job to simplify this process by asking the right questions in order to identify and propose the best recommendations and results. Our planning process reviews the following areas to help you plan for the future.


How well you invest will dictate the resources you have available to meet your objectives and goals. This is why it is imperative that our advisors know your goals as we craft your plan because these will influence how we invest your portfolio.

It is through our investment analysis process that we will determine if your existing portfolio is inefficient or suitable for you. In analyzing your investments, we review all of your accounts to summarize your allocation between equities (stocks), fixed-income (bonds) and cash. These include your personal and work retirement accounts, taxable investment accounts and cash reserves in savings and CDs. Next, we review your specific investments to verify the quality of the investments as well as how much risk is associated with the underlying investments. Ultimately, our investment decisions and recommendations will help build you a portfolio that:

  • Generates enough income you can live off of in retirement
  • Offers growth potential so that it appreciates
  • Reduces security risks through diversification
  • Allows you to sleep at night

Our investment planning process makes it possible to choose the most suitable investments for you. Unlike many of our competitors, we do not offer a cookie-cutter investment proposal with our financial plans, but rather a customized portfolio that is designed to meet your specific goals and objectives.


Another integral component to achieving your dreams and enjoying your investments is to review your cash flow and your lifestyle. Our advisors analyze how much you spend versus how much you earn. This simple analysis should have a profound impact on how you assess your financial condition.

Cash flow management is different for each family and individual, contingent on their stage in life. During your working years, our cash flow analysis offers answers to the following:

  • How much should I be saving and investing?
  • When should I start saving for my kids’ education?
  • When is it feasible to buy a vacation home?

In contrast, as you enter retirement, our analysis changes to determine how much can you spend without outliving your savings. This will help answer questions such as:

  • What is my annual travel budget to see the world?
  • How much can I gift to my children and grandchildren?
  • What is a reasonable amount to give to causes about which I am passionate?

Regardless of your life stage, understanding your cash flow and knowing what you have available to enjoy life AND plan for the future will alleviate financial worry and free you to pursue interests and live life well.


As much as financial planning is goal-oriented to help you pursue your passions, it also proactive in helping manage your risks. Our advisors understand that in investing and in life, it is always important to protect your downside and reduce risk. You can manage this through insurance planning. Careful insurance planning may help replace income, reduce debt, protect your assets, and mitigate the impact of taxes on your estate. As part of the financial planning process our advisors will objectively address your insurance needs in the following areas:

  • Life Insurance
  • Long-term care
  • Business insurance
  • Disability

It is never pleasant thinking about ‘what-if’ scenarios, but insurance planning is necessary so that you and your family are protected from the unexpected.


For individuals nearing retirement as well as those currently in retirement, this portion of the plan differentiates anticipated income for professionals versus current income sources for retirees. These income sources include:

  • Social security
  • Defined Benefit or Pension
  • Annuities
  • Company retirement accounts (TSP, 401(k), 457, 403(b), etc.)
  • Individual Retirement Accounts (Roth IRA or Traditional IRA)

To determine how much income you need, we review your cash flow and project future expenditures based on your living expenses. We then assess your resources to determine if you have sufficient resources, and propose a way to invest these assets so that you not only have sufficient income moving forward but the potential for account growth as well.

Our team of advisors will work with you through retirement so that you can have assurance you are properly managing your resources. As your trusted advisors in retirement, we will continuously monitor your portfolio to keep these projections current.


Income taxes impact everything about you financially, and it is for this reason that it is necessary to mitigate the impact that taxes have on your income, investment returns, and gifts to loved ones. Income tax planning is interwoven in our financial planning process through a review and discussion of your current situation.

We ask that each client include their prior two years of income tax returns so that these may be incorporated in their financial review.


Not addressing your estate is a costly endeavor, and neglecting to do so could cause significant frustration and heartache to your loved ones. This oversight usually goes against one’s plans for taking care of loved ones, and it is why discussing and implementing an estate plan should accompany a financial plan. Implementing an estate plan will help reinforce your legacy and ensure your assets pass to loved ones.

Furthermore, outside of Will’s, we review how your investment accounts are titled and verify if the beneficiary designations are current. For example, you may have an old 401k from before you were married, so it doesn’t list your spouse as a beneficiary. Proper estate planning will ensure oversights like these are reviewed and remedied.

As part of our Signature Services, Plotkin Financial Advisors, LLC will pay for all the legal costs to have your estate plan prepared. If you are interested in learning more of this program, please feel free to contact one of our advisors.


In the construction of a financial plan, our advisors analyze how you can best allocate your resources across goals. One of these key goals for households with children is paying college tuition. Unfortunately, college tuition has risen so significantly over the years that it is a major expense for families, and consequently requires planning and budgeting to make this a reality. However, through our planning process, we will be able to help you with the following:

  • Establish an education savings account such as a 529 Plan
  • Project how much needs to be invested in a college savings plan
  • Allocate the investments in the plan based on his or her age

Like any savings or investment plan, the more time you have available, the better. Understanding the importance of time is why it is best to start planning your child’s education costs now rather than later. Let us show you the savings strategies when it comes to planning for your child’s education.


Part of developing your legacy may also involve philanthropy and contributing to causes that are meaningful to you and your family. If one of your financial goals is to give back to a cause, we can discuss strategies to accommodate your philanthropic efforts. Also, charitable planning can mitigate both income and estate tax liabilities. Some of the ways in which we assist our clients in developing a philanthropic strategy include:

  • Donor-advised funds (DAF)
  • Charitable remainder trusts (CRT)

We have the resources and knowledge to incorporate this into your planning strategy. If you would like to learn about how to incorporate charitable planning in your long-term plan, please feel free to contact our advisors.

Anticipate change.

A financial plan is forward-looking, and our advisors are here to help you move through life’s transitions. It is our obligation to monitor your plan and when expected or unexpected events occur we are here with you every step of the way. Over the past 25 years, we have had experience helping clients with each of the following life transitions just to name a few:

  • Career changes
  • Retirement
  • Marriage
  • Divorce
  • Buying & Selling your home
  • Paying tuition
  • Death of a spouse, parent, or loved one
  • Birth of a child or grandchild

It is easy to start making a plan with our advisors, and it begins with a call or email to set an appointment. We look forward to getting to know you, and learning about your goals and objectives.

Contact Us Today!

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