> ## Documentation Index
> Fetch the complete documentation index at: https://financecontext.com/llms.txt
> Use this file to discover all available pages before exploring further.

# /financial-plan

> Build or update a comprehensive financial plan covering retirement, education, estate, and cash flow projections

## What is Financial Planning?

Financial planning is the process of mapping a client's entire financial life -- current income, expenses, assets, liabilities, goals, and risks -- into a cohesive, forward-looking strategy. A comprehensive financial plan answers the questions that keep people up at night: "Can I retire at 60?", "Can I afford to send my kids to private school?", "What happens to my family if something happens to me?", "Am I paying too much in taxes?"

Good financial planning is scenario-driven. It does not produce a single forecast; it models multiple scenarios (retire early, market downturn, higher spending, longer life) and ensures the plan holds up under stress. The gold standard is a **Monte Carlo simulation** that runs thousands of possible market scenarios and reports the probability of success (typically targeting >85%).

## Command

```bash theme={null}
/financial-plan [client name]
```

Loads the `financial-plan` skill to create or update a comprehensive financial plan.

## What It Produces

* Annual cash flow projections through retirement
* Retirement accumulation and distribution projections with Monte Carlo probability of success
* Education funding analysis (529 balances, required savings, financial aid)
* Estate planning summary (tax exposure, trust structures, gifting strategy)
* Risk management review (life, disability, LTC, umbrella)
* Scenario analysis (retire early, market downturn, higher spending, longevity)
* Prioritized action item checklist

<Note>
  Target probability of success is >85%. Always stress-test the plan -- a plan that only works in the base case is not a good plan.
</Note>

## How to Customize

Edit the `financial-plan` skill to adjust default assumptions (inflation, return expectations), add your firm's planning methodology, or include firm-specific recommendation frameworks.

## Related Skill

See the [Financial Plan skill](/en/wealth-management/skills/financial-plan) for the complete planning framework, scenario modeling, and output format.