How can a Certified Financial Planner help?
A CFP has studied how to incorporate various areas such as investing, taxes and employee benefits into their planning. The idea is to give you a complete financial plan to achieve your goals in life. However, there are many variables in even the simplest plan. Retirement planning, for instance, requires assumptions about how much you will save, what return you will earn, what age you will retire and how long you will live. A Certified Financial Planner (CFP) should be able to show you these assumptions, and provide a financial plan that also takes into account your employee benefits and taxes. How do I work with a Certified Financial Planner? The financial planning process generally starts with meeting the Certified Financial Planner (CFP) for an information-gathering meeting. The CFP will ask about your financial goals, life goals, and current financial situation. The Certified Financial Planner will then take some time to analyze your individual situation and prepare a plan that show
