What should be the next step after presenting financial recommendations to Michael and Marie?

Creating a prioritized financial plan with a timeline is a critical next step after presenting financial recommendations. This action provides structure and clarity to the couples' financial journey by mapping out their goals in a way that establishes which objectives are most important and the order in which to tackle them. A timeline adds an element of accountability and helps to ensure that the couple stays on track toward achieving their financial aspirations.

Additionally, this approach allows for a comprehensive view of the couple's financial landscape, ensuring that all recommendations are integrated cohesively. By prioritizing, the couple can focus their efforts and resources effectively, leading to more efficient implementation of the strategy. This step also encourages discussion, collaboration, and alignment between the couple and the financial planner to foster commitment toward achieving their financial goals.