Financial Planning

Working with a Financial Planner

Working with a Financial Planner can help you protect your most valuable asset – your Financial Independence.

A Financial Planner can help you develop a plan that's right for your life, and help you build Financial Freedom.

You may know where you want to end up, but with so many choices, How do you know if you've taken the right road?

A Financial Planner can serve as your guide, help you analyze your individual situation and recommend ways to help you achieve your goals.  He or she can work with your tax and legal advisors to make sure that your financial plan addresses all of your needs.

The Five Areas of Financial Planning

By focusing on six specific areas, with the guidance of a professional financial planner, you can determine the best way to meet your goals.  Start today to build your financial freedom.

1. Financial Position                                       

Do you know how much money you earn from all sources and how much money you spend each month?  Do you have enough money to cover your necessary expenses?  Are you spending money that you should be saving?

A review of your financial position will give you a better understanding of where you are right now.  Working with a financial planner will help you determine if you're making the best choices when it comes to debt and may help you discover if you are achieving a balance between your current lifestyle and future expectations.  Taking a look at all areas of your financial life and seeing how they fit together is the crucial first step in creating a plan for the rest of your life.

2. Risk Management

If you lost your job, or became disabled, how would you pay your bills? If something were to happen to you, would your spouse be able to remain in your home?  Would your children be able to afford college?

Under extraordinary circumstances, the best of intentions can be swept away.  A financial planner can analyze your situation and help you find ways to protect your income and assets at every stage of your life.  Your planner can help ensure that you and your loved ones can continue living as if the unfortunate circumstance(s) had never taken place.

3. Wealth Accumulation

Are you getting a return on your investments consistent with the risk you've assumed?

The goal is to help you potentially maximize the return on your investments, taking into consideration financial objectives, time horizon, and your personal tolerance for risk.  Through periodic reviews, your planner can help to make sure that your investment plan reflects the changes inevitable at every stage of your life.

4. Retirement Planning

Do you think that you're too young to start planning for retirement or, that it's too late to do anything about it?

Obviously, the earlier you start, the more sound your financial future and the more flexibility and freedom to choose the when, how and where of retirement. But even if you've already retired, you want to make sure that the money you have accumulated continues to last for your lifetime. Regardless of your age or life circumstances, working with a financial planner can help you adapt to your changing needs to achieve your ideal retirement.

5. Estate Planning

Do you have a plan in place for your money will be used the way you intended after you're gone?

If you become incapable of managing your affairs while you're alive, will your finances continue to be managed effectively?  Proper estate planning with a financial planner can help you to anticipate your future needs and pass on more of your wealth to your family than to Uncle Sam. You want to be sure your financial plan is tailored to your specific family needs. With a successful plan, you can be sure you are passing on a legacy and not a burden.

Myself and/or any affiliates, representatives and agents may not give legal or tax advice.  Any discussion of taxes herein or related to the material is for general information purposes only and does not purport to be complete or cover every situation.  Tax law is subject to interpretation and legislative change.  Tax results and the appropriateness of any product for any specific taxpayer may vary depending on the facts and circumstances.  You should consult with and rely on your own independent legal and tax advisors regarding you particular set of facts and circumstances.