Why You Should Have a Financial Plan
There’s no mystery to financial planning. Simply it’s taking a personal, in-depth look at your goals and deciding how you intend to achieve them. Once you have identified your goals, you can better plan how to get from where you are today to where you want to be tomorrow. There are six areas addressed in a typical financial plan:
- Your Financial Position
- Risk Management
- Investment Planning
- Tax Planning
- Retirement Planning
- Estate Planning
The Planning Relationship
Since no two people are alike, no two plans are alike either. That’s why we use a one-on-one approach when developing a financial plan. You and your planner will develop a confidential relationship based on mutual trust and respect. Your planner will listen carefully to your financial concerns and make sure the work he or she does reflects those concerns.
Our planners receive specialized training and have access to special tools, including computer software, to help develop recommendations tailored to your needs. Above all else, our planners are committed to acting in your best interest.
One thing we can be certain of is that the future will come, whether we are financially ready or not. With planning, you will be better prepared for the future than if you don’t plan.
Financial planning services offered through financial planners of New England Securities Corp., a registered investment advisor.