Your profile
Your profile gives your advisor the necessary information to generate retirement analyses, answer questions, and refine your plan.
Be thorough — your advisor can only advise on what they know about. Add your financial information and stop anytime and pick it up later.
Linking accounts, listing goals, and filling out the rest of your profile are the building blocks for everything else, such as your financial dashboard.
With this information, tradeoffs and proposals can be refined to find the best outcomes for you. Once your profile is complete, you can enjoy a 40,000-foot view of your financial status, and access other important communication tools built within RightCapital.
Want to explore options? Create “blank” tiles to incorporate in your plan. Want to see what it would look like to have a 529 account for your kids? Add a 529 account and leave the fields empty. Then talk to your advisor along the lines of “please include a 529 in the plan.”
Dashboard and Financial Sections
The dashboard has all the key elements for a financial overview. Review your balance sheet, check in on your portfolio, or measure progress on your goals. For instance, take a look at your financial plan's probability of success.
The Vault
Use your Vault to securely share and store documents. Upload statements or photos of life insurance coverage to incorporate them in your plan in a safe manner. Just click on the “Folder” Icon in the top right-hand corner to access your Vault.
Your Vault contains a shared folder (between you and your advisor) and a private folder (only visible to you). You can save important personal documents to either folder for safe-keeping. Securely store items like photocopies of loan documents, insurance policies, birth certificates, etc. Think of it as your digital safe: any document you’d store in your home safe you can store in this Vault.
Tasks
RightCapital has a fantastic tool called Tasks to manage and collaborate on tasks. Just go to your Dashboard and then click on “Tasks”. During and after meetings with your advisor, create tasks to stay on the same page about making forward progress.
