What Does a Certified Financial Planner Do?

Do you have a written financial plan?

In creating a financial plan, we must always consider the end game.  There are a lot of reasons that someone will engage a Certified Financial Planner but there should always be a well defined set of goals you want to reach.  Once we uncover those goals and rank them in order of importance we can start to establish what we must to do achieve them.  It may be that a conservative portfolio will suffice for you and your family, or it may be that in order to achieve your goals and dreams you must strive to acquire more assets.  We must take this into consideration and be sure to limit the risk taking in our financial life to what is absolutely necessary.

Another aspect we must consider is having flexibility built into your plan.  Everyone needs to have access to cash flow to reach their goals… no matter what happens.  This could be in the form of an emergency cash reserve in case you lose your job or in the unlikely event of a disability and/or illness.  We utilize numerous tools to protect your family in the event you can’t go to work due to sickness or injury to ensure that you don’t run out of money in retirement if you become ill.

These are all aspects of your life that are addressed by a comprehensive financial plan no matter what stage of life you are in.

If you are based in Langley, BC or the surrounding Fraser Valley, let’s start you on your way to having a comprehensive financial plan designed by a Certified Financial Planner… call Travis today at (604) 308-6030.