Student Loan Planning Built Around Your Financial Life
Kelly Investment Management (KIM) helps you evaluate repayment, forgiveness, consolidation, payoff, payment-plans, and default-resolution decisions in the context of your income, cash flow, career, retirement savings, and other financial priorities.
The goal is a clear course of action based on your financial situation.
Who is Student Loan Planning For?
This service may be appropriate if you:
Are unsure which repayment path makes sense for your situation.
Want to evaluate forgiveness or Public Service Loan Forgiveness considerations.
Have Parent PLUS, graduate-school, private, or multiple types of student loans.
Are considering how aggressively to repay your loans.
Need to balance student-loan payments with retirement contributions or other goals.
Have experienced a major change in income, employment, marriage, or other circumstances.
Have loans in delinquency or default and need an organized path forward.
Feel that your student loans are preventing you from making progress elsewhere in your financial life.
Focused Student Loan Planning for only $249
The focused engagement is designed to address a defined student-loan or debt-planning situation.
Depending on your circumstances, the engagement may include:
Information gathering and organization
Student-loan analysis
Payment-plan analysis
Repayment and payoff comparisons
Forgiveness considerations
Default-resolution planning
Budget and cash-flow review
Analysis of competing financial priorities
Recommendations
A written action plan and next steps
Before work begins, the specific scope, responsibilities, deliverables, and fees are confirmed in writing.
If your situation requires substantially broader analysis involving retirement, investments, insurance, taxes, multiple financial goals, or other areas outside the focused engagement, KIM will explain the additional scope before any additional work begins.
How the Process Works
1. Complimentary Consultation
Start with a brief conversation, generally about 30 minutes, to discuss the problem you are facing and determine whether KIM can help.
The purpose of this consultation is to determine fit, scope, and next steps. It is not the student-loan planning engagement itself and does not include a complete analysis or recommendation.
2. Information Gathering
Provide the loan information and relevant financial information necessary to understand the situation.
Depending on the issue, this may include loan balances and types, repayment history, income, tax-filing information, employer information, monthly expenses, other debts, savings, and competing financial goals.
3. Analysis and Recommendations
Tom evaluates the reasonable alternatives, analyzes the financial tradeoffs, and develops recommendations based on the agreed-upon scope.
4. Review Meeting and Written Action Plan
Meet with Tom to review the analysis, discuss the recommendations, ask questions, and go through the steps needed to move forward.
You will receive an organized written action plan summarizing the recommended next steps.
Student Loans Are One Part of Your Financial Life
Sometimes solving the student-loan problem reveals another issue that deserves attention.
That might include insufficient emergency savings, high monthly expenses, unused employer retirement benefits, other debt, home-purchase planning, retirement savings, insurance needs, or investment decisions.
The focused engagement addresses the student-loan issue first.
If broader planning would be useful, KIM can explain those issues and how a separate financial-planning engagement would work. The decision to continue is yours.
Work Directly With a Certified Financial Planner®
Tom Kelly is a CFP® professional, holds a master's degree in Finance, and is the founder of Kelly Investment Management, an independent registered investment advisor.
You work directly with Tom throughout the engagement.
The planning process considers how today's student-loan decision affects your broader financial circumstances rather than treating the loan as an isolated account.
Your Questions, Answered
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The consultation is generally about 30 minutes and is a high-level conversation about your student-loan situation, concerns, and the type of help you may need.
Its purpose is to determine whether KIM is an appropriate fit and define the potential engagement. The complete analysis and recommendations occur during the paid engagement.
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KIM can help analyze how PSLF considerations may affect your financial decisions and how the appropriate repayment strategy interacts with the rest of your financial life.
Official eligibility, qualifying-payment counts, and forgiveness determinations are made through the U.S. Department of Education and its systems.
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Default-resolution planning can be included in the focused engagement. KIM can help organize the situation, evaluate relevant options, analyze the financial implications, and develop an action plan.
Final account-specific determinations and administrative actions must be completed or confirmed through the applicable federal program, loan holder, or servicer.
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Useful information may include:
Loan types and current balances
Interest rates
Current repayment status
Monthly payments
Loan servicer information
Repayment history
Income
Tax-filing information
Employer information
Monthly household expenses
Savings and other debts
Other financial priorities
Do not send passwords, Social Security numbers, or complete account numbers through the website inquiry form.