myFinancial Life Planning™ Assessment

Welcome to the myFinancial Life Wellness™ Assessment

The term “financial wellness” has emerged in recent years as a descriptor of an individual’s overall financial health and well-being. However, financial wellness consists of more than just our perceptions and feelings about our own financial health. The concept of authentic financial wellness is measured by a combination of factors including the overall satisfaction with your current financial situation, actual financial behaviors (i.e., budgeting, saving, debt reduction), your money mindset, financial knowledge, and your financial "breathing room" (a.k.a. "objective financial status").

How would you rate your overall financial wellness? This isn’t a question that we normally put much thought into (or feel comfortable sharing with others). However, increasing the awareness of your financial wellness is an important step on the path to financial independence – no matter how you define the concept.

Here is how the myFinancial Life Planning™ assessment works:

This is the first step in assessing your overall financial health and finding ways to improve different components of authentic financial wellness. Simply answer a series of questions and get your score and personalized results. It takes approximately 7 to 10 minutes to complete the assessment. A brief summary of your results will appear just seconds after completing your questions.


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Your Name
My email address is
Marital status:

How many people live in your household and share income with you?
Note: This may include you, dependent children, and anyone you support financially

What is your total annual household income (before any taxes or deductions)?
Suppose you were to sell all of your major possessions (including your home), turn all of your investments and other assets into cash, and pay all of your debts. Would you be in debt, break even, or have something left over?
How long would your savings last in the event of an emergency?
As a percentage of income, how much is your household currently saving?
Your debt-to-income ratio is all your monthly debt payments divided by your gross monthly income.  For example, if you pay $1500 a month for your mortgage and another $100 a month for an auto loan and $400 a month for the rest of your debts, your monthly debt payments are $2000. ($1500 + $100 + $400 = $2,000.) If your gross monthly income is $6000, then your debt-to-income ratio is 33 percent. ($2000 is 33% of $6000.)

What is your current estimated Debt-to-Income ratio?

Please mark how often you do the following:

Set aside funds for emergencies on a regular basis.

Regularly track your expenses with a written or electronic record.
Follow a budget or personal spending plan.

Pay all of your bills on time.

Pay all of your credit card balances in full each month.

Review your credit report at least once per year.

Please mark how often you do the following:

Check your credit score.

Make regular contributions to a retirement account.

Automatically save money from each paycheck in a non-retirement account for long term goals (buying a home, car, education)

Paid the minimum amount only on a credit card.
Shopped around when buying a product or service.

Stay within the limits of a budget or personal spending plan.

Please mark how often you do the following:

Have adequate life insurance coverage.

Maintain adequate property insurance (auto, home, or renters)

Maintain a will and other estate planning documents (living wills, health care directives, powers of attorney)

Review and rebalance investment accounts at least once per year
Put my goals and financial plans in writing
How stressed do you feel about your personal finances?
How satisfied are you with your overall current financial situation?
I have difficulty controlling worrying about my financial situation
I feel anxious about my financial situation
I feel fatigued because I worry about my financial situation
I have difficulty concentrating on my work because of my financial situation
How would you rate your financial knowledge level?
Suppose you have $1000 in a savings account earning 3% interest a year. After five years, how much would you have?

Imagine that the interest rate on your savings account is 1 percent a year and inflation is 3 percent a year. After one year, would the account buy more than it does today, exactly the same or less than today?

Which asset class experienced the highest average annual returns from 1926-2017?
If interest rates rise, what will typically happen to bond prices?
I energetically pursue my financial life goals
There are lots of ways around any financial problem
I meet the goals that I set for myself

Congratulations! You have completed the myFinancial Life Wellness™ . Your results will be emailed to the address that you provided.