Benefits of Financial Planning - Part 5
What Your Financial Plan Should Look Like
The cost of education can be staggering and seemingly always on the rise. Education is often one of the largest expenses families incur. There are a variety of proactive education savings vehicles that can help with funding your goals while managing exposure to surprises or long-term debt.
Social Security benefits, employer- sponsored plans, and personal retirement savings including investments, IRAs, and annuities typically combine to compose the retirement income for most Americans. Deciding which retirement choices will serve you best can be daunting but your financial advisor can guide you to the options that will support and enhance your retirement goals.
Your legacy is in your hands. It takes diligent monitoring to be assured your assets will be transferred effectively and according to
your wishes. Establishing trusts, examining tax implications for
survivors, while regularly reviewing your legal documents and beneficiary designations are vital to establishing a plan that provides you confidence and security.
Let your advisor know you want the benefits of financial planning for you and your loved ones, and schedule an appointment to begin the process.
Once your plan has been created, you and your advisor will review it regularly to help you stay on track toward your goals. As life changes, so does your financial situation. Your financial advi-sor will strategize with you to help with these changes and keep you on the path to financial success.
Reach out to Cornerstone Wealth Management today.
Cornerstone Wealth Management
486 NW 2nd Ave.
Canby, OR 97013
Securities and advisory services offered through LPL
Financial, a registered investment advisor. Member
The opinions voiced in this material are for general
information only and are not intended to provide
specific advice or recommendations for any individual.
Rebalancing a portfolio may cause investors to incur
tax liabilities and/or transaction costs and does not
assure a profit or protect against a loss.