What is NOT a Financial Plan?

Don’t be fooled by a sales marketing piece masquerading as a financial plan. Many institutions will say they will prepare a financial plan for you and many times it is simply a sales tool to help sell their products, typically company proprietary products being pushed by upper management.

A financial plan is NOT
A two-page document you receive after spending 15 minutes with someone at a bank – a documents that tells you how much you should put away every month into the banks balanced mutual funds AT BEST this may be considered a retirement goal plan – but not really.

A financial plan is NOT
Consulting with an advisor whose only solution is to offer you investments in mutual funds and EFTs, promising you big returns. AT BEST this is an investment plan – but no really.

A financial plan is Definitely NOT
Buying a lottery ticket, getting advice from Dad, hoping to sell a business, flipping real estate, gambling at the casino, or trying to pick the next Google stock. AT BEST this is exciting entertainment – but not really.

Are you read for a better quality of life?
By giving you a solid understanding of your finances and moving you steadily toward your goals, a financial plan will provide greater peace of mind today and greater confidence and success tomorrow.