Why Financial Plan
When it comes to the important things in life, you turn to a professional. That’s why you have a doctor, a dentist, and maybe even a lawn care professional. Which begs the question: What’s more important than working toward your long-term financial goals? Not much. That’s why so many individuals turn to a Financial Advisor.
A Financial planning professional can help you:
- Set realistic financial and personal goals
- Assess your current financial health by examining your assets, liabilities, income, insurance, taxes, investments, and inherited wealth
- Develop a realistic, comprehensive plan to meet your financial goals by identifying financial opportunities and building on financial strengths
- Put your plan into action and monitor its progress
- Stay on track to meet changing goals, personal circumstances, markets and tax laws
Often a specific event or need will trigger the desire for professional financial planning guidance. These might include:
- Making sure your money will last during retirement or rolling over a retirement plan
- Preparing for a marriage or divorce
- Planning for the birth or adoption of a child
- Facing a financial crisis such as a serious illness, layoff or natural disaster
- Caring for aging parents or disabled child
- Funding education
- Dealing with a complex financial situation such as calculating how long your retirement income will last or maximizing tax strategies