Why Create a Plan?
Each day we face difficulties in managing our finances. Inflation, taxes, debt, changing interest rates, and stock market swings – their effect can be unsettling. One thing we can be certain of is that the future will come, whether we are financially ready or not.
A Rainstone Financial Planner can help you achieve and will give you the guidance to:
- Save for retirement
- Send a child to college
- Decide how to invest
- Help you develop strategies to manage debt
- Develop strategies to spend less than you make
- Plan an exit strategy from a business that covers retirement, death or disability
- Determine proper insurance coverage
- Help reduce taxes*
- Achieve your special goals…buying a home or condo, retiring early or leaving a legacy to heirs
As a client, you and your Rainstone Financial Planner will follow a 6 Step Plan to identify goals and objectives. Next we create a plan for you using our time tested first principles.
6 Steps to Financial Planning | Financial Planning First Principles |
|---|---|
| Step 1: No Obligation Interview. | Principal 1: Think Long-term regarding goals & investing |
| Step 2: Gather Information. | Principal 2: Spend less than is earned |
| Step 3: Analysis & Development. | Principal 3: Maintain liquidity aka Emergency Savings |
| Step 4: Plan Presentation & Delivery. | Principal 4: Minimize use of debt |
| Step 5: Implementation. | |
| Step 6: Monitor & Update as Needed. |
Begin Financial Planning Today | Other areas of interest |
|---|---|
*Rainstone Financial Planners do not provide legal or tax advice. You should contact your tax or legal advisor for details on how any financial plan recommendations will affect your personal tax and legal situation.