“I don’t really need financial planning. I have enough saved up for retirement so I’ll be okay.”
A common misconception many people have is that financial planning is just about investing or planning for retirement. I admit, just a few years ago, I was one of those people.
It was only after taking the six classes that comprise the CFP® professional educational program and working for a fee-only financial management firm that I realized the breadth and depth of true financial planning. The coursework gave me an important basic introduction into what my colleagues at Modera do for our clients.
The comprehensive nature of financial planning.
Financial planning can touch every aspect of your life. I’ve found the essence of financial planning is helping people make decisions that will help them achieve their short-term goals and not derail their plans for the future.
Some ways to evaluate a financial life.
To help you closely examine different areas of your financial life, here are some questions you may want to address:
Want to have a better handle on your financial health? What areas do you have covered and what areas do you think could use some direction?
Modera believes in a comprehensive approach to financial planning. Speaking with one of our wealth managers could help you identify areas for improvement within your own financial life that you may not have considered before.
Anna Lui is a Senior Marketing Manager at Modera. She is responsible for managing external firm communications and supporting growth initiatives.
Modera Wealth Management, LLC (“Modera”) is an SEC-registered investment advisor with places of business in Massachusetts, New Jersey, Pennsylvania, North Carolina, Georgia and Florida. Modera may only transact business in those states in which it is registered or qualifies for an exemption or exclusion from registration requirements. SEC registration does not imply any level of skill or training. For information pertaining to our registration status, fees and services, please contact us or refer to the Investment Adviser Public Disclosure web site (www.adviserinfo.sec.gov) to obtain a copy of our disclosure statement set forth in Form ADV Part 2A. Please read the disclosure statement carefully before you invest or send money.
This article is limited to the dissemination of general information about Modera’s investment advisory and financial planning services that is not suitable for everyone. Nothing herein should be interpreted or construed as investment advice nor as legal, tax or accounting advice nor as personalized financial planning, tax planning or wealth management advice. For legal, tax and accounting-related matters, we recommend you seek the advice of a qualified attorney or accountant. This article is not a substitute for personalized investment or financial planning from Modera. There is no guarantee that the views and opinions expressed herein will come to pass, and the information herein should not be considered a solicitation to engage in a particular investment or financial planning strategy. The statements, information and opinions expressed in this article are subject to change without notice.
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