Financial Planning

Take Control of Your Financial Future

Financial Planning

The pace and complexity of managing modern finances can leave you unprepared to achieve a successful financial future. If you’re feeling less than confident about your future, having a well-prepared financial plan will help put you in control.

Financial planning pulls together all your finances, organizing them and making management easy and effective. The more you understand, the better you can manage your wealth, and the more prepared you will be to pursue your goals and dreams.

As your financial advisor I bring to the table the experience to help you create a plan that strategically addresses your unique goals and needs. When you partner with me, you will be that much better equipped to manage your income and expenses effectively throughout your lifetime.

Creating a financial plan will help you to:

  • View your finances from a holistic perspective so you can understand how each individual financial decision impacts your overall financial successes.
  • Identify your long-term financial goals and the steps needed to pursue those goals.
  • Create integrated strategies that consider the interdependence of all of your financial activities; and,
  • Track your progress and adjust whenever you experience new life events or develop new perspectives.

Your Financial Advisor: A Partner in Planning

Creating an effective financial plan takes time, know-how, and experience. Even with the use of popular consumer financial tools, planning on your own can be overwhelming and frustrating.

By consulting with a financial advisor, you can not only reduce your workload, but also help ensure that your plan is comprehensive and based on the most current trends and data.

When you partner with a professional, you will gain:

  • Awareness and understanding of options and alternatives that are tailored to your specific financial situation
  • Access to a network of professionals including accounting, legal, real estate, insurance, and trusts, whenever additional expertise is needed
  • Objective advice and support from an experienced and informed professional committed to guiding you toward long-term financial well-being

The following are some common areas to consider when planning your financial future:

  • Monthly Budget

Addressing your monthly budget is an important first step in successfully managing your overall finances. Failing to have a clear picture of your regular recurring bills and expenses can dramatically reduce your ability to meet your financial objectives.

  • Savings

Fundamental to building a secure, manageable future is saving for the unexpected as well as the expected. Saving is easier if you “pay yourself first” and build an automatic savings into your budget.

  • Risk Management

Risk can take many forms: illness, accident, liability, and natural disasters, to name a few. Failing to manage risk properly can jeopardize your financial future. That is why smart financial planning evaluates the various levels and types of insurance you carry to make sure they’re aligned with your overall goals and needs. In many cases, insurance can also be used effectively as an alternative revenue stream and a hedge against inflation and can balance out riskier types of investments. Life insurance policies contain exclusions, limitations, reductions of benefits, and terms for keeping them in force. Your financial professional can provide you with costs and complete details.

  • Education Funding

The costs of education for children and grandchildren can be staggering and are seemingly always on the rise. Education is often one of the largest life’s expenses that you will incur. Arm yourself with current information about the variety of vehicles for proactive education savings that can help you plan your funding goals even as you manage exposure to big surprises or long-term debt.

  • Retirement Planning

Social Security benefits, employer-sponsored plans, and personal retirement savings including investments, IRAs, and annuities, typically combine to comprise the retirement income for most Americans. Deciding which retirement choices will serve you best can be daunting, but your financial professional can guide you to the options that will support and enhance your overall investment and tax strategies.

  • Estate Planning

Your legacy is in your hands. Only through diligent monitoring can you be assured that your assets will be transferred effectively and according to your wishes to the people and charities you care about the most. Establishing trusts, examining tax implications for survivors and regularly reviewing your legal documents and beneficiary designations, are steps vital to establishing and executing a plan that provides you and your loved ones with the greatest confidence and security.

Getting Started

Getting started is easy. Just let me know that you want the benefits of financial planning for you and your loved ones, and we will schedule an appointment to begin the process.