Having a financial plan is just like having a good map when you’re planning a journey. It not only pinpoints your ultimate destination, it shows you the best way to get there. Your financial plan can include any number of goals, some bigger, some smaller, short term or longer.
We can work with you to understand your individual needs and aspirations and set out a realistic plan that can help make things happen for you.
Planning is specifically about you
We all have a general idea about what we’re working towards and what we want in our lives. Having a documented plan, with specific goals within specific time frames can help make those things happen. We can help determine exactly what you might need to do.
Just one example of a goal could be that you want to upgrade your car regularly. For some people that could mean every three or four years while for others it’s ten. How much might that upgrade cost? And might leasing be a better option than owning your car outright? Your answers could have a big impact on the strategy for saving or investing that’s recommended for you.
“Retiring comfortably” is another goal most of us share. But what is “comfortable”? For some, an after-tax income of $25,000 would do it, while others might want $60,000 each year. Perhaps your family may have a history of longevity and you’re aiming to live to a hundred. In this case, planning to have enough money to see you through what could be decades of retirement is essential.