Individual Planning

What is Individual Planning? 

Financial Planning involves the dreams, goals, resources, and responsibilities of the entire family. A revolving discussion about your short, medium, and long-term goals. 

The Seven Components to Successful Goal based Planning

  1. Budgeting and Taxes
  2. Managing Liquidity
  3. Financing Large Purchases
  4. Managing Risk
  5. Investing Money
  6. Planning for Retirement and the Transfer of Wealth
  7. Communication and Record Keeping

Financial Planning is a five-step process that involves projecting your goals, evaluating what you have, bridging the gap between the two through making recommendations, Implementing those recommendations, monitoring the plan, and making portfolio adjustments as your goals change.