Q: What does the financial planning process look like?
A: A balance sheet and cash flow statement will illustrate your current and future financial position, so you can better understand:
- When you can retire
- What rate of return you need to meet goals
- How much insurance is needed to protect your family
- If you can you be more strategic with debt
Q: How should I choose a financial planner?
A: You want to find someone knowledgeable, experienced, and trustworthy. Bonus points if they hold a CFP® (Certified Financial Planner) designation.