Why You Need a Financial Plan

Go from Dreaming to Doing

Are you a dreamer, a doer, a procrastinator or a planner?

Dreamers tend to have big goals for the future with few plans for making them happen. Doers are action-takers who focus on meeting today’s demands and may overlook big-picture planning or dreaming about the future. Procrastinators tend to put off everything — dreaming, doing and planning — until tomorrow. Planners love making lists and being prepared, but it takes dreaming and doing to give their plans real direction.

So who needs a financial plan? They all do! And so do you.
Financial Planning Starts with You
Financial planning is not just for those who dream of sailing off into the sunset. It is essential for anyone who wants to get by, get out of debt, save for the future or protect current income and assets. Nothing extravagant, just a secure financial future. And the earlier you start planning, the greater the benefits will be in the long run.

A financial planner can help create a complete picture of your finances by drawing it all together — income; assets and liabilities; emergency savings; investments, property and other assets; retirement accounts; insurance policies; your will and other estate planning documents. With that knowledge, a financial planner can work with you to uncover ways to save, invest, grow and protect your money.

The resulting comprehensive financial plan can guide you through key financial decisions. It may cover the following areas:
  • Investment portfolio — reviewing and rebalancing your investment strategy to ensure it fits your timeline, goals and risk tolerance.
  • Retirement planning — determining if your retirement savings are on track and setting a strategy for tapping retirement assets when the time comes.
  • Insurance — exploring your insurance needs by doing a total risk assessment.
  • Estate planning — addressing needs for creating/updating a will and other estate planning documents, as well as tax liability, wealth conservation and transfer issues.

What’s Your Plan of Action?
Carve out a little time to dream, do and plan — just don’t procrastinate! At Seaside, your Client Advisor can give you a fresh perspective and new ideas for reaching your goals. Your plans will undoubtedly evolve as life happens, and we can help you stay on track with sound financial strategies.