A good analogy for a financial plan is a GPS for your financial life. It tells you where to turn and when and recalibrates your route if you happen to miss a turn. In addition, it ensures you are prepared when, not if, you meet one of the many obstacles that life will put in your path. A good financial plan does not just point you to your destination and help you get through obstacles, but it also ensures that you visit all your desired stops and landmarks along the way. Those stops and landmarks are things like college savings, vacations, retirement planning, cash withdrawal plans, building your dream home, and personal budgeting.
The question of where you get a financial plan and how you follow one has the same answer. A Certified Financial Planner™ is qualified to help you balance all aspects of your financial life. They are trained not only in helping you create your plan but also making sure it is in line with other crucial financial services like taxes, insurance and estate planning. It can be intimidating to tackle all of this, but it does not need to be this way. As is the case with most planning in life, the earlier you begin, the better your chances of success. Knowing the right time to get a financial plan is sooner rather than later. How will you know you are ready? Here are some questions you can use as a guide:
- Are you planning for, or have you, just experienced a life-changing event like a birth of a child, getting married, or starting a new job?
- Are you approaching retirement?
- Do you like the idea of having a plan but do not know where to start?
One of the main reasons to plan in this area of your life is to give you peace of mind as you make decisions about where and how you want to spend your time and money. Learn more about Why Valiant Wealth is the right place to start building your financial plan and then take the first step in the financial planning journey by scheduling an appointment to talk about your needs.
