Case Study: Bill and Sarah in the Vision Phase

April 2005
Journal of Financial Planning;Apr2005, Vol. 18 Issue 4, p50
Academic Journal
Case Study
The author reflects on the financial planning case of married couple Bill and Sarah during the vision phase. At our second meeting, I asked Bill and Sarah to read aloud their answers to the three questions. On the first question, in which they imagine themselves financially secure, Bill had two primary interests if money were not a concern. He likes to tinker in his shop and come up with handy tools and gadgets. In the second question, in which they have five to ten years of life remaining. Bill spoke of spending more time with siblings and their families, his aging parents, and traveling with his wife to destinations of her choice. He also would hope to see his children happily married and launched in life. For the first question, Sarah would make sure that the children all had substantial trust funds to secure their futures. She would also want to create a legacy in her community, funding parent education and support programs for working mothers, both single and married. For the remainder of the meeting. Bill and Sarah talked of their deepest yearnings. They began to see how they could travel to exotic places where Bill could participate in his sports interests, while Sarah could seek out equestrian facilities, sketch or paint horses in the different settings, and ride where and when she could.


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