What is Financial Planning?
Financial Planning is a process to help you make sensible decisions about money so you can achieve your goals in life. It might involve creating wills for charitable giving, creating an estate plan with a trust to protect your family business, thinking about how your family will manage debt or estate taxes should you die prematurely, considering what year you might retire or change to a second career, or discussing wealth with adult children.
Financial planning involves thinking about all of these things together. In other words, creating your 'plan'. Many people express what is nearest and dearest to them by how they spend their money. And, financial plans and the expression of your family’s values may change across time.
REACH YOUR GOALS
Peak Wealth Planning's
SIX-STEP FINANCIAL PLAN
CONSIDER FAMILY DYNAMICS
CREATE ROAD MAP TO ACHIEVE GOALS
EVALUATE FINANCIAL POSITION
Financial Planning Process
IMPLEMENT YOUR FINANCIAL PLAN
MONITOR AND MAKE ADJUSTMENTS
Peak Wealth Planning will create a sound financial plan for you in six steps:
Establish your goals in life – short and long term
Consider your family structure and dynamics
Evaluate your current financial position – document your assets and liabilities
Develop your plan – create a "road map" for achieving your different goals
Implement your plan – advise on the changes for it to happen
Monitor and review your plan and make adjustments when needed
It’s about getting organized; being in control of your finances rather than letting your finances control you.
By planning to meet your financial goals, you will:
Have a much greater confidence of where you are going in life
Reduce your stress levels and start to enjoy life more
Gain control and peace of mind knowing you're on track for the future