Financial planning is a term that can mean a lot of different things to different people. In layman’s terms, what it really boils down to it identifying goals that will require time and money to accomplish, and developing a strategy to achieve those goals. The difficulty in arriving at a coherent financial plan is that many family financial goals may appear to be contradictory. For example, deciding to save for the children’s college, versus contributing to a retirement plan. In reality, both of these goals are important and should not be ignored.
At Impart Financial, our job is to help identify and prioritize all the goals and work on a strategy to achieve them.