Personal Financial Health Questionnaire

Full Name

Email Address

This questionnaire is designed to give you a candid picture of where your personal financial life stands. There are no right or wrong answers — only an honest look at where things are today. All responses are for your own reflection.

1 Financial Planning Foundation

A. Do you have a written financial plan for your personal and family finances?

A financial plan goes beyond investments — it includes goals, timelines, income needs, tax strategy, and a roadmap for your future.

Yes, a comprehensive written plan that is reviewed regularly

We have some goals in mind but nothing formally documented

No formal plan — we handle things as they come up

I haven't thought much about this

B. Do you work with a financial planner for your personal finances?This is distinct from someone who simply manages investment accounts. A financial planner helps with the full picture — retirement, taxes, estate, insurance, cash flow, and goals.

Yes. a comprehensive planner who addresses my full financial picture

Yes. but primarily for investment management only

I manage things on my own

No. and I haven't thought about getting one

C. If you do have a financial advisor or planner, how satisfied are you with the relationship?

Very satisfied — they are proactive and I feel confident in the direction

Somewhat satisfied — I feel like something may be missing

Not satisfied — I'm not sure the advice serves my best interests

N/A — I don't currently work with anyone

2 Retirement Readiness

A. Do you have a clear picture of what retirement looks like for you — including when, how much you'll need, and where that income will come from?

Yes. I have a well-defined retirement vision and income strategy

Somewhat — I have a general idea but haven't done detailed planning

I know I need to retire someday

but I haven't mapped it out

I haven't thought seriously about retirement yet

B. Are you consistently contributing to retirement savings accounts (IRA, 401k, SEP-IRA, etc.)?

Yes. consistently and at or near the maximum allowed

Yes. but not maximizing contributions

Occasionally. but inconsistently

No. I have not been contributing

C. How dependent is your retirement plan on the eventual sale of your business?

My retirement is well-funded independently of any business sale

A business sale would help. but I have other assets as well

My retirement plan relies heavily on selling the business

I haven't thought through this connection

3 Savings & Cash Flow

A. Do you have a personal emergency fund separate from your business?

Yes. 6+ months of personal living expenses in liquid savings

Yes. but less than 3–6 months worth

My business accounts serve as my safety net

No emergency fund in place

B. Do you have a clear sense of your personal household income and monthly expenses?

Yes. I track them and plan accordingly

Generally yes. but it's not closely tracked

Not really — personal and business finances are blended

No. I don't have a clear picture

4 Protection & Estate Planning

A. Do you have appropriate personal life and disability insurance in place? For business owners, disability insurance is especially important since your income depends on your ability to work.

Yes. both life and disability coverage have been reviewed recently

I have some coverage but I'm not sure if it's sufficient

I have basic coverage but haven't reviewed it in years

No. I have little or no personal coverage

B. Do you have an updated estate plan in place (will, powers of attorney, beneficiary designations)?

Yes. reviewed and updated within the last 3 years

Yes. but it hasn't been reviewed in a long time

I have a will but nothing else is formally in place

No estate planning documents in place

5 Investment Strategy

A. Do you have an investment strategy for your personal assets that reflects your goals, timeline, and risk tolerance?

Yes. a clearly defined strategy that is regularly reviewed

Somewhat — I have accounts invested but no formal strategy

My investments are largely set up and rarely looked at

I don't have personal investments outside my business

B. How diversified is your overall personal wealth?

Well-diversified across multiple asset classes and accounts

Somewhat — I have some personal assets but my business is dominant

The majority of my net worth is tied to my business

Almost entirely concentrated in the business