Financial Planning
A Financial Plan Built Around Your Life
A well-managed investment portfolio is only part of the picture. A comprehensive financial plan ties everything together — helping you understand where you stand today, what you need to do to get where you want to go, and how to make smart decisions along the way.
Newport Wealth Management offers financial planning services on a fee-only basis, often in conjunction with portfolio management but also available as a standalone engagement. Every client — regardless of whether they elect full financial planning — receives access to our financial planning platform so they can stay organized and engaged with their financial picture at all times.
Comprehensive Planning Across Every Area
Financial planning engagements are tailored to your specific situation. Depending on your needs, a plan may cover any or all of the following areas.
Retirement Planning
- Pre-retirement planning — building a roadmap to get to retirement on solid footing
- Retirement income planning — building a sustainable income strategy for and through retirement
- Social Security optimization
- Medicare planning
- Required Minimum Distribution (RMD) strategies
Tax & Wealth Strategies
- Tax-efficient withdrawal and distribution strategies
- Roth conversion analysis
- Tax-loss harvesting coordination
- Asset location optimization
- Goal-based financial planning for major life events
Protection & Legacy
- Estate and legacy planning coordination
- Insurance needs analysis
- Beneficiary review and coordination
- Protect Your Family planning
Estate and legacy planning coordination is provided for informational purposes only and does not constitute legal advice. Please consult a qualified attorney for legal guidance.
Two Levels of Planning Access
Whether you want a fully advisor-led financial plan or simply a platform to stay organized and engaged with your finances, we have an option for you.
Full Financial Planning
For Planning ClientsA comprehensive, advisor-led financial planning engagement tailored to your specific situation. Your plan is built and tracked directly in the MoneyGuide software — giving you a living, up-to-date view of your financial picture at all times.
- Comprehensive written financial plan
- Plan tracked and maintained in MoneyGuide software
- Retirement income and distribution strategy
- Tax-efficient planning across all accounts
- Social Security and Medicare optimization
- Estate and legacy planning coordination
- Ongoing plan monitoring and updates
- Full access to MoneyGuide platform with Yodlee account aggregation
Basic Platform Access
For All ClientsEvery client — regardless of whether they elect full financial planning — receives complimentary access to the MoneyGuide platform, powered by Yodlee account aggregation. Use it to stay organized, track your progress, and explore your finances on your own terms.
- Link bank accounts, investments, credit cards, loans, and liabilities
- Track net worth across all assets and liabilities in one dashboard
- Set budgets and monitor spending categories
- Run basic retirement forecasts and goal projections
- Explore interactive "what if" planning tools
- Upgrade to full financial planning at any time
Interactive Planning Tools — Free to Use
Not sure where to start? MyBlocks tools let you explore key financial planning concepts on your own — no account required. From retirement forecasts to budgeting, insurance needs, and more, these interactive tools give you a real sense of where you stand and what questions to ask.
Your Financial Picture
- FastLink account aggregation
- Budget
- Account Summary
Next Best Dollar
- Emergency Fund
- Credit Cards
- Student Loans
- Retirement Fund
- Health Savings Accounts
- Upcoming Goals
Strategies
- Spend vs Borrow
- Mortgage Refinance
- Impact Assessment
Planning for the Future
- Basic Retirement Forecast
- Protect Your Family
Education
- What did it cost?
- Quiz: What will it cost?
- Life Expectancy
- Inflation
Ready to Build a Plan Around Your Goals?
Reach out for a complimentary introductory call. We'll talk through your situation and help you figure out what level of planning makes the most sense for you — no pressure, no obligation.
Take the First Step Toward a Better Financial Future
Complete our short questionnaire and we'll reach out to schedule a complimentary introductory call — no pressure, no obligation.