How much life insurance do we need?
We work it out from your mortgage, your childcare years and what you want for college. Most families we see need a 20- or 30-year term policy. We do not sell insurance, so we have no reason to oversize it.
For parents of young children
A little less guessing. A lot more clarity.
The early years ask a lot of your time and attention. Your financial plan should make the decisions in front of you feel more manageable.
Straight answers, before the jargon
Start with the questions parents ask most.
These are the decisions that tend to show up when you have small children, limited time and a future that suddenly feels very real.
Should we save for college or retirement first?
Usually retirement first, until you are saving enough there, then a 529.
Which 529 plan?
Whether your state gives a tax break, and for which plans, depends on where you live. We check yours.
Who takes the kids if something happens to us?
Name guardians in a will. We work with an estate attorney in your state and check the beneficiaries on every account.
Can one of us go part-time or stay home for a few years?
We run it both ways so you can see the real cost.
We just had a baby. What do we do this month?
Add the baby to your health insurance within 30 days, get the Social Security number, update beneficiaries, review life insurance, open a 529, sign up for the dependent care FSA at open enrollment.
What a year with us looks like
Four video meetings in your first year. Then two a year, with a message any time.
We give the first year room because there is usually a lot to get clear. After that, we keep your plan current as work, childcare, school and life keep moving.
Quillby Financial Planning, LLC is a registered investment adviser in Nevada, and advises clients only in states where it is registered or exempt from registration. Registration does not imply a certain level of skill or training.