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:
- Help reduce taxes*
- Save for retirement
- Decide how to invest
- Help you develop strategies to manage your debt
- Determine proper insurance coverage
- Offer custom-designed programs to try to achieve your special goals…buying a home or condo, retiring early, financing your child’s education and more
As a client, you and your Rainstone Financial Planner will follow a 6 Step Plan to identify goals and objectives.
Planning Isn’t Impossible
The beauty of your plan will be your ability to change it. This kind of flexibility is to your advantage because your goals will change as time goes by. There’s no need to put off planning. The time is now. Creating a plan with a professional Financial Planner will help you to know where you want to be and how you’re going to get there. Isn’t now the right time to start planning for your life?
6 Step Plan
Step 1: No Obligation Interview. At this meeting, a Rainstone Financial Planner will listen to your financial concerns and discuss what financial planning can do to help you achieve your financial objectives.
Step 2: Gather Information. If you decide to purchase financial planning services from Rainstone Financial, we move on to the next and most important step: data gathering. This is where we learn about all of your financial goals, objectives, assets, liabilities, income, expenses and other relevant information. The foundation of a sound financial plan is having a clear understanding of who and what you are. This information is kept strictly confidential.
Step 3: Analysis and Development. A preliminary analysis of the information about you is prepared. This includes reviewing all of your objectives and determining if they are feasible. Your planner may consult, with your permission, with your attorney, accountant, or other adviser to make sure the data is complete.
Step 4: Plan Presentation and Delivery. After all of the alternatives and information is analyzed, a final plan will be presented to you. The final plan is a written document prepared especially for you by your planner. It contains specific recommendations designed to help you meet your financial goals and objectives.
Step 5: Implementation. Your Rainstone Financial Planner, acting in a registered representative capacity, will explain how you can act on the specific recommendations in your financial plan by purchasing financial products. Financial products may be purchased at any institution you choose.
Step 6: Monitor and Update as Needed. In life, one thing is constant: change. Each year, and perhaps more frequently, your income, investments, assumptions, and objectives will change. This is why your Rainstone Financial Planner stands ready to monitor and update your plan as needed.
*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.