Financial Independence Assessment | George Wealth Management
George Wealth Management
Financial Independence Assessment
For business owners and executives planning 3 to 7 years before work becomes optional.
This tool helps estimate the distance between your current resources and the capital that may be needed to support your desired future lifestyle. It then turns your financial independence gap into planning questions, preparation items, and 90-day priorities.
The Project Clarity Process
Clarity → Confidence → Action
Before The Numbers
Financial independence is not only a number. It is also a question about what you want your next chapter to make possible.
If Work Became Optional Tomorrow
This answer helps connect the financial gap to the life decision behind it.
The Core Question
The assessment is designed to help answer one practical question:
Am I close enough to financial independence to make thoughtful decisions, or do I still have important planning work to do?
Step 1: Estimate Your Financial Independence Gap
Your Situation
Choose the path that best describes where the future wealth may come from.
Timeline
This tool is designed for people roughly 3 to 7 years from a major transition.
Desired Lifestyle
Use the annual income you want your resources to support after transition.
Reliable Income
Include pensions, Social Security estimates, rental income, or other reliable sources.
Current Personal Assets
Include personal assets you want considered, including home value or home equity if appropriate. Do not include the business here.
Annual Additions
Include savings, retirement contributions, and expected after-tax investing.
Equity / Deferred Compensation
Use the estimated value before tax, vesting risk, and diversification decisions.
Conversion Assumption
Estimate what percentage of business value, equity value, or transition proceeds may become usable personal wealth.
Growth Assumption
This is a planning assumption, not a prediction or guarantee.
Income Assumption
Lower rates require more capital; higher rates increase risk.
Step 2: Decision Readiness Check
Higher scores should be supported by evidence, not optimism. If you are unsure, score conservatively and treat uncertainty as a planning opportunity.
Scoring guide: 1-2 means little documentation or evidence exists. 3-4 means some evidence exists, but it may be informal, incomplete, outdated, or dependent on a few people. 5-6 means the area is current, documented, coordinated, and strong enough to support better decisions.
Can the business operate and make important decisions without everything depending on the owner?
Is there evidence that the business has value to someone other than the current owner?
Are the business value, cash flow, savings, taxes, and personal wealth numbers current and reviewable?
Is there a written plan for timing, roles, taxes, income, continuity, and what happens next?
Your Personalized Planning Insights
Your Financial Independence Discovery Report
Planning Opportunity Identified
Your results will appear here.
This evaluator is for educational purposes only. It is not a financial plan, investment recommendation, valuation opinion, legal advice, tax advice, or insurance advice. Results depend on assumptions you enter and may change materially with taxes, investment returns, business value, spending, health, family circumstances, and law changes. Consult qualified professionals before making planning decisions.