December 6, 1999
Mr. and Mrs. Ron Adams
2096 Clarke Avenue
New Westminster, BC
V5C 3X2
Dear Mr. and Mrs. Adams:
We are pleased to enclose your financial planning report. It is based on our evaluation of your current and future financial needs and the financial goals you identified during our meetings. To help you attain these goals, the enclosed financial plan:
In preparing your financial planning report, we relied on financial data and information you provided. To the extent your financial situation is different than the furnished data indicates, the advice in the enclosed report may need review and change. Also, various assumptions were made during development of your financial plan. Future events, such as inflation rate changes, may affect certain of the assumptions. With this in mind, we have encouraged you to consider your financial planning as an ongoing process. We appreciate your commitment to work with us to prepare annual updates to your financial plan.
The enclosed financial planning report can be considered as a road map. If you follow it, we estimate that over the next two years, you will realize a cash flow increase of $1,500 annually, and a reduction of $2,300 in your income taxes next year.
The key to your financial planning success is effective implementation of the plan. We will consult with you during the implementation phase and work with your other professionals and advisors. We will monitor your implementation progress and meet annually to discuss and update your situation. In the meantime, please do not hesitate to call us with any questions that you may have.
This financial planning report reflects a good start towards achieving your financial planning objectives. We look forward to helping you implement, monitor, and update your plan during the coming year.
Sincerely,
Bill Doe, CFP
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