The pace and complexity of managing modern finances leaves many people unprepared to pursue a successful financial future. Having a well-prepared financial plan will put you in control of your financial future and will help you to manage your income and expenses effectively throughout your lifetime.

Financial planning pulls all of your finances together, organizing them and making management easy and effective. The more you understand and better manage your wealth, the more prepared you are to achieve your goals and dreams.

Creating a financial plan will help you:

  • See your finances from a holistic point of view, so you understand how your individual financial decisions impact your overall financial success.

  • Create integrated strategies that take into account the interconnectedness of your financial activities.

  • Identify your long-term financial goals and the steps needed to pursue those goals.

  • Track your progress and make adjustments as you experience new life events or develop different perspectives.

What your financial plan should include:

  • Monthly Budget : Addressing your monthly budget is an important step in successfully managing your overall finances. Failing to have a clear picture of where your money goes each month can make it very difficult to utilize your resources in the most effective manner.

  • Risk Management :Risk can take many forms…illness, accident, liability and natural disasters, just to name a few. Failing to identify and manage your risks properly can jeopardize even the best designed financial plan.

  • Retirement Planning :Social Security benefits, employer-sponsored plans and personal retirement savings, including investments, IRAs and annuities, typically combine to comprise the retirement income of most Americans. Deciding which retirement choices will serve you best can be daunting, but a well-structured plan can support and enhance your overall investment and tax strategies.

  • Estate Planning :Only through diligent monitoring can you be assured that your assets will be transferred effectively and according to your wishes to the people and charities you care most about. The potential use of Trusts, regularly reviewing your legal documents and beneficiary designations, and examining tax implications for survivors are vital to establishing a plan that provides you with greater confidence and security.

Getting Started:

If you would like to begin the financial planning process, please contact our office to schedule a mutually convenient time to meet. The more information that you are able to provide related to your financial objectives and circumstances the better. Working together, we will create a customized financial plan and then we will meet regularly to help you stay on track towards your goals. As life changes, so does your financial situation. Over the years during our subsequent meetings, we will strategize to help you address any changes in your life to help keep you on the path to financial success.