THE PERSONAL FINANCIAL PLANNING PROCESS
We, at J. W. Brennan & Associates, Inc., understand that in today's world it is not enough to work hard and earn a salary. In order for people to do things that they want to do, to go places that they want to go, and to have things that they want to have in life, they must save and invest. The second income a person creates with investments will help to achieve those goals.
We, through our registration with Royal Alliance Associates, help our multi-generational clients navigate through the unfamiliar territory of financial planning. As we customize a program, we will walk you through the process step-by-step to help you feel confident about your decisions.
FOUR-PART FINANCIAL PLANNING PROCESS
1. Review "MILESTONES"
*Marriage/Children/College/Weddings/New Careers/Retirement/Legacy
2. Set "GOALS"
*Review Facts
*Prioritize Planning Opportunities
*Measure Realistic Planning Opportunities
*Minimize Risks that might derail your Success
3. Take "ACTION"
*Design appropriate strategies to suit your Vision & Objectives
*Execute a sound financial program utilizing our products & services
4. Report "PROGRESS"
*Report the Progress toward the Plan's Goal (ie. % of Retirement Goal met)
*Review the Results of the Plan.
*Can you measure the Success?
-Increased your Net Worth
-Funded a Child's Education
-Provided for Higher or More Sustainable Retirement Income
-Created a Sense of Certainty in your Financial Life