Your Financial Journey: Create Your Financial Roadmap with MoneyGuide’s MyBlocks and My Plan Functionality

​In the first of a series of instructional videos, Rob Rickey, CFP® showcases the capabilities of our new goals-based financial planning software from MoneyGuide.

The financial planning software, its calculators, and other tools are now available to all clients and prospective clients on our website at www.StraightLine.com under the Client Resources tab.
Simply register and you can start utilizing the software and its various tools.  
 
In this video, Rob's demonstration was centered around three primary goals:
 
1. Introducing MyBlocks and My Plan: A walkthrough of MoneyGuide’s core interactive features, offering viewers a first-hand look at the powerful tools now available to them.
  
2. Creating a Client Plan: Showcasing the software's ease of use, Rob illustrated this by developing a financial plan for test clients, Diane and Michael Tester, highlighting the step-by-step process to show how easy it is to create your own plan.
  
3. Exploring the Play Zone: A detailed explanation of critical concepts like the 'probability of success' and the 'comfort zone,' which are integral to understanding and utilizing the software effectively.
 
A Comprehensive Case Study: Diane and Michael Tester’s Financial Plan
 
The demonstration provided a practical example of creating a goals-based financial plan for Diane and Michael. It covered:

• Walking through the registration process, entering in personal data, and establishing initial goals.
• The process of adding assets through various methods, including simple, detailed, and tax category-based summaries.
• Conducting a risk tolerance assessment and appropriate asset allocation for the couple.
• Analyzing the probability of success in achieving their goals based on the plan's data.
• The option of incorporating additional retirement income, like Diane's pension, into the plan.

 
Rob emphasized the versatility of the 'My Plan Builder' feature, which allows users to create and adjust their plan to see different scenarios and outcomes. In addition, a member of the StraightLine advisory team can always view your information or import it into our systems to further assist you in the planning process.
 
Accessible Financial Planning for Everyone
 
At StraightLine, we believe everyone deserves a plan to guide them on their financial journey. That is why we have made the decision to make the MyBlocks and My Plan functionality of MoneyGuide available to all clients and prospective clients at no cost.
 
As a reminder, if you are a Discretionary Investment Management client, you generally have access to financial planning at no additional cost. While you can still use the interactive components of MoneyGuide, if you have not already, you can immediately engage your financial advisor to develop a financial plan and work with them on an ongoing basis in a collaborative way to refine your plan over time. If you are not a Discretionary Investment Management client, we can still help you in the same way with a financial planning engagement for a separate fee.
 
Your Plan, Your Journey
 
Whether you're an existing client or a prospective client, these tools are designed to empower you to take control of your financial future by helping you know where you are today, where you are going on your financial journey, and how to get there.
 
For any questions or assistance in using the software or developing a financial plan, our team is here to help. Contact us here. 

PROFESSIONAL DESIGNATION:
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization’s initial and ongoing certification requirements to use the certification marks.  Those certification requirements include education, exam, experience and ethics components--more information is available at Professional Designations. 
​
​DISCLOSURE:
​Information presented is for informational purposes only. StraightLine Group, LLC (“StraightLine”) is a registered investment adviser. Registration as an investment adviser does not imply a certain level of skill or training. Past performance is not indicative of future results. Investing involves risk, including the possibility of loss of principal. The ideas and opinions expressed herein do not constitute legal, tax, or investment advice or a recommendation of any particular security or strategy. Before making any investment decision, you should seek expert, professional advice and obtain information regarding the legal, fiscal, regulatory and foreign currency requirements for any investment according to the laws of your home country and place of residence. Any forward-looking statements or forecasts are based on assumptions and actual results may vary. Information presented from third parties is believed to be reliable, but no warranty is provided. StraightLine is not required to update information presented, unless otherwise required by applicable law. For more information about StraightLine, including our Form ADV Part 2A Brochure, please visit https://adviserinfo.sec.gov/firm/summary/127401 or contact us at 248-269-8366.

​