Financial Planning
What is the value of advice?
A secure retirement. Funding a child or grandchild’s education. Building wealth to pass on to heirs. These are common investment objectives and with good reason – people want to feel confident financially while also providing for the ones they love. But just because a goal is common, doesn’t mean the approach should be.
My job as a financial advisor is, first, to understand you and your specific circumstances and, second, to use that knowledge to tailor a plan to help you meet your financial goals.
The decisions you make today affect the choices you have tomorrow. Let's create a plan that covers your "what if's?"
The financial planning process
No matter your age, stage in life, or financial destination, I believe a comprehensive plan offers the highest potential for getting there.
A tailored plan goes beyond just choosing investment products. It entails an in-depth knowledge and appreciation of your objectives, needs, long-term goals, time horizon, risk tolerance and – most importantly – your values.
Together we can create a personalized plan. We'll analyze where you're at now, strategize the investment options available to you, and take consistent action to work towards your goals.
I'll be by your side throughout the process because we're on this journey together.
Meeting your changing needs
Life events - careers, marriage, children, divorce, death, health problems, aging parents - affect your plans.
A well-designed financial plan grows and changes with you. It's a collaborative effort to identify your objectives, understand your risk tolerance level, address your needs, evaluate your long-term goals, follow your time horizon, plan your legacy, and effectively manage risk.
I can work together with you, every step of the way, as your situation changes, to target your goals and priorities while addressing ongoing fundamental needs such as cash flow, budgeting, accumulation, net worth, retirement, and the impact of income taxes.
Accumulation
The initial phase - Establish a plan to cover emergency needs, start retirement contributions and consider tax planning strategies.
Pre-retirement
The secondary phase - Potential to augment investments, retirement savings, and further analyze tax strategies.
Retirement
The next phase - A celebration of life's achievements. Hopefully, living comfortably, with retirement goals maintained. Managing income streams.
Legacy
Phase four - Creating a strategy to pass assets to the next generation. Finalize estate plans, optimize gift-giving, and live life to the fullest.
"Dont be delinquent in payments to your future."
Cameron K. Reed
Co-founder, Waddell & Reed Inc.