Financial Planning

YOUR GUIDE TO FINANCIAL PLANNING

There is no reliable shortcut on the road to wealth building, which is why we recommend creating and following a customized financial plan that works for your situation and your goals. Your financial plan helps you understand your current situation and allows you to take action toward your goals. When we create your financial plan, we include every aspect of your finances and tailor your plan to put you on the path to your success.

Financial success means different things to different people, which is why standard financial plans don’t work. Without an experienced financial planner, you may focus on only one or two aspects of financial planning and skip other important parts. For example, you may be on track with your retirement savings plan and fail to protect your assets with the right insurance. As your financial advisor, it’s our job to create a comprehensive plan for you that considers all the moving parts.

WHY YOU NEED A FINANCIAL PLAN

Your financial plan can be your roadmap to lead you through the complexities of your finances and to financial freedom. It allows you to understand your current situation, identify areas of improvement, and pursue your financial objectives. Without a financial plan, you might not even know if you’re following a path that leads you in the right direction. You could even be actively putting yourself and your assets at risk.

EXAMPLES OF FINANCIAL PLANNING

Financial planning covers every area of personal finance and even insurance. While it’s not typically about creating a budget or eliminating debt, that can be a part of your financial plan, too. It really depends on your current situation and your short- and long-term financial goals. We’re here to help you understand where you’re at and which steps you need to take to pursue your financial objectives.

HERE ARE SOME EXAMPLES OF FINANCIAL PLANNING IN ACTION:

Create or optimize your retirement investment accounts
Set up a college savings account
Balance your investment portfolios
Create an estate plan
Review your insurance policies to protect your family and your wealth
Create a retirement income distribution plan

We customize the financial planning process to fit your needs. You don’t have to create an estate plan right away, and you may not need to save for college. But our financial advisors will go over all the areas of finance with you to ensure we don’t leave anything out.

THE PROCESS OF WORKING WITH OUR FINANCIAL PLANNERS

When you work with our financial planners, we first get to know you and your financial situation. We’re going to spend some time talking about your financial goals, which may include retiring early, traveling the world, or purchasing a boat. We want to help you pursue your dreams, which is why goal setting is an important part of the financial planning process.

Then we will perform an in-depth review of your current financial situation. We’ll talk about your retirement and investment accounts, insurance policies, and any other financial assets you have. That’s when the fun part begins. We’ll create a personalized financial plan to help you work towards your financial goals, given your current situation.

FAQS ABOUT FINANCIAL PLANNING

WHAT’S INCLUDED IN MY FINANCIAL PLAN?

We tailored your financial plan to meet your unique financial needs. It can include a retirement plan, a tax saving strategy, insurance planning, and a college savings plan. There are many other parts we can include in your financial planning, depending on your specific financial objectives.

SHOULD I HAVE A FINANCIAL PLAN?

If you want to improve your financial situation, you need a plan. A financial plan can help you build wealth, prepare for retirement, and protect your assets. Having a financial plan allows you to set goals and pursue them, enjoying the peace of mind that comes with knowing what’s going on with your finances.

AM I TOO OLD TO START A FINANCIAL PLAN?

You’re never too old to make a difference, and you’re never too old to develop a financial plan. Even retirees can benefit from financial planning to ensure they don’t outlive their wealth. Call our advisors today to find out how we can help you.

LET’S PRIORITIZE YOUR FINANCES

It’s time to prioritize your financial goals. We’ll create a customized financial plan that allows you to make the best of your situation. Schedule an appointment with our financial planners today and start pursuing your goals.

FOR MORE INFORMATION ABOUT OUR FIRM AND THE SERVICES WE OFFER, SEND US A QUICK EMAIL OR CALL THE OFFICE. WE WOULD WELCOME THE OPPORTUNITY TO SPEAK WITH YOU.