The Financial Planning Blog
Your go-to financial planning and wealth management resource, whether you're just getting started or well on your way to a financially secure future.
You’ve made the proactive decision to seek the professional guidance of a financial advisor who can help you make a plan, manage your accounts, invest your money and gain some real peace of mind. You’re headed in the right direction to achieve your financial goals by taking this important step. With your meeting on the horizon, however, you may be wondering whether you’re fully prepared with all of the necessary financial documentation to have the most productive appointment.
Your mortgage, your loans, your savings, your retirement plan, your investment portfolio, your kids’ college funds, your taxes, your estate – these are all very real pieces of your overall financial picture, and figuring out how they all fit together to create fulfillment and peace of mind can feel like a never-ending exam in mathematics and law. Even if you’re only managing some of these financial components, the burden can contribute to significant stress in your everyday life. Is partnering with a financial advisor the answer?
Use this free workbook to gather a comprehensive list of all information pertaining to your family’s current financial picture!
You understand the importance of partnering with an experienced, qualified financial advisor to help keep your financial goals on track and gain real clarity over the money matters affecting you and your family. You’ve done the work to research and vet those professionals that share a common philosophy around money management and align with your own principles. Now what?
For some people, especially those new to the experience of working with a financial advisor, the prospect of meeting with a firm can be daunting and stressful. But it’s important to do so on a regular (at least annual) basis to discuss the realities of your financial outlook. With an informed approach to preparing for this meeting, you can achieve greater peace of mind and make the most of your time together. Here are four expert tips for tackling your meeting preparation and coming to the appointment with a more enlightened perspective.
Why Should You Diversify? You work hard for your money. You want your investments to grow so you can live a life of freedom from worry, fulfillment, and love. When the financial markets are up one day and down the next, investors often feel tempted to double down on what they believe performed well in the past. Historical data suggests that by diversifying globally investors can hedge against volatile market highs and lows, and reap potential long-term benefits.
The American Dream is being able to live life on your own terms. Knowing you can follow your personal calling and realize your goals offers a feeling of incredible freedom. Do you know what you’re capable of achieving? For far too many investors, the answer is no. And that translates to an investing experience riddled with confusion, stress, fear, turbulence and exhaustion. But investing peace of mind is possible, and you have the power to transform your own experience.