Evaluate My Personal Financial Plan

The following report summarizes my Personal Financial Plan ten years after graduating from Ohio University. It will evaluate my financial situations based upon realistic projections regarding salary, spending categories, estimates of income and social security taxes, and clear explanations of wealth accumulation.

Detailed assumptions for Year 10:
 Base Salary w/ financial career ' $92,000.00
 28% Tax bracket
 Investment strategy ' Buy-and-hold strategy and Diversified Reinvestment Plans (DRIP)
 Reassessing goals and accumulating wealth for retirement, protection, and estate planning.

Risk Capacity

 Based on my time horizon for my goals and objectives, my current overall risk tolerance appears to be Moderate Aggressive.
 The proposed recommendations and strategies within this letter assume
 When filing, I will use itemizing approach to lower my taxes and focus on raising my deductions based on my current financial situation.
 Charitable contributions were made to reduce my income tax liability for fiscal year 2014.
 Tax Control Triangle Whatever my financial goals are, I can leverage certain tax advantages as they apply to my situation. This diagram shows three distinct tax treatments to consider as I invest to help reach my financial goals. Each treatment has its own benefits and risks and will be considered within the context of my entire financial situation.

Investment Strategies

 Taking into account our economy’s financial crisis the following investment strategy will be applied to allocation adjustments within my portfolio:

Buy-and-hold strategy: I picked this strategy because it aims at avoiding timing of the market. By buying and holding stock, the ups and downs that occur over short terms become irrelevant to my