Some Common Questions About Financial Planning
Isn’t financial planning just about saving for retirement?
No! While the “typical” goal that people strive and plan for is retirement, financial planning is about much more than just saving for retirement. Financial planning is about looking at all aspects of your financial life and making sure you are adequately prepared. While retirement may be one element of that, it is certainly not the only end of financial planning. Moreover, “traditional retirement” may no longer be a goal for many like it once was.
Can I work with a financial planner if I don’t have much money?
Financial planning is for everyone, not just people that are wealthy. There is a common misperception that good advice is only available to those with money. And while many businesses may set up to operate that way, Thinking Big Financial is not. I work with all people regardless of the amount of money you have in the bank.
How do you charge for financial planning services?
The cost of financial planning is a flat annual fee. There are no commissions or hidden incentives for me to sell you a product. The only thing you are paying for is sound advice.
What if things happen differently then we plan for?
They almost certainly will! The idea behind thoughtful planning is to prepare you given the best set of information we have. As those assumptions or plans change, we help to modify your planning as well. Financial planning is there to help you deal effectively with the uncertainty in our lives.