What Planning Covers
Phoenician Financial Planning, LLC
Wealth Preservation, Wealth Planning, Cash Flow Management
Financial planning is a comprehensive evaluation of your current and future financial state considering your personal goals. The plan will use currently known variables to predict future cash flows, asset values, and withdrawal rates, or what is needed to reach your goals. Financial advisors will use current net worth, tax liabilities, investment asset allocation, and future retirement and estate goals while creating a plan.
Cash Flow Management
This information will be used in conjunction with asset growth assumptions to determine how your financial goals can be met in the future. Your financial plan will inform you of the changes needed to ensure a smooth transition through life’s financial phases.
While all of this is true, and very important, it’s also a lot of industry jargon you may not understand.
Your advisor’s job is to be transparent and to ensure you understand these terms in relation to the plan we build together. This stock definition of financial planning in the previous paragraph can be found on many websites.
In plain talk, we’ll work together to get a complete understanding of where you are at and where you need to do to make your goals a reality.
Your advisor will collect as much information as you are comfortable providing. This information will be analyzed and broken down for you to understand. Options will be presented on how to best move forward together with the plan.
After this, your advisor will continue to monitor the plan, and to make recommendations regarding your financial situation into the future. Every six months, the plan will be reviewed and updated based on your situation.
For more information visit our website: http://www.phxplan.com/home.html
Or call us on: 602 295 2789
, Financial Adviser
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, INDEPENDENT ADVISER
, Independent Financial Adviser
, Independent Financial Advisor
, Short Term Planning
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, Wealth Preservation