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 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.
Use this free workbook to gather a comprehensive list of all information pertaining to your family’s current financial picture!
Stock markets (and their movements) are often a mystery to the average investor, and that mystery can often create fear. After all, in roughly 30 years, we’ve experienced three major stock market crashes, and they are all surprisingly similar.
When it comes to our retirement, we often have many important questions. And while all of them are valid, no two questions are as crucial as: “Will I have enough money to retire when I want to?” “Will I have enough money to last me through retirement?”
Some of us like tracking our investments on a fairly regular basis. Others prefer not to think about their savings, and only want their financial advisor to reach out if there’s something they need to know about. Regardless of your mindset, you should (and likely do) meet with your advisor on an annual basis. But you shouldn’t come to this meeting blind. It’s always best to be prepared to review your financials with your financial advisor.
When most people think of the net worth and the assets that comprise it, they often consider their money and investments alone. But assets come in many forms – from land and properties to jewelry and collectibles.