Making a financial plan is a way to
take charge of your financial future. A financial plan helps you
understand your choices and reach your life goals. Financial
planning is for everyone and as you get older and face changes such
as retirement, it is important for you to have as much information
as you can about your financial future. Even if you are starting
late, planning will help you get your financial affairs in order
and let you know where you stand.
What is a financial
A financial plan will address a number of different
topics, including your:
• Current and future living expenses
• Current and future sources of income, including government and
• Assets-their current and future value
• Tax planning
• Insurance needs
Why do I need a financial plan?
A good financial plan will help you understand what your choices
are today and in the future, reduce uncertainty about the future
and help you make good decisions.
A financial plan will answer these types of questions:
• How much money will I receive from government programs?
• How much will it cost me to live once I retire?
• How long will my savings last?
A financial plan looks at where you are now and where
you want to be in the future, and lays out a plan to help you get
there. When you are making a financial plan you will have to think
about your long-term needs and about the kinds of things that might
happen to you in the future.
Contact us now to arrange a meeting in order that we can
help plan your financial future.