Comprehensive Planning
Always Plan Ahead. It wasn't raining when Noah is built the ark.
-Richard Cushing
Always Plan Ahead. It wasn't raining when Noah is built the ark.
-Richard Cushing
Comprehensive financial plan is a plan addressing the holistic picture of your personal finance. It is more than the creation of your retirement plan and it goes down to regularly reviewing investment portfolio. Comprehensive financial plan prudently addressing the life events, eventual retirement needs, preparing for child education, creating and distributing of the estates. It should also address the potential events that can affect our long-term financial securities.
The fact is we have numbers of financial goals to achieve in life and limited resources to fund for the goals. Comprehensive financial plan analyses your current financial situation, cashflow statement, personal balance sheet and your financial health. Creating strategic investment portfolio to make sure you make out of the most from the limited resources to achieve the life goals.
Bad things happen all the time. It is something that we cannot prevent, but comprehensive plan recommended the correct insurance coverage to makes sure when the disaster strikes in your life, you have done what you can do to protect yourself.
Any investment plan will become irrelevant in seconds if you are not protected from the disaster.