I first want to tell you the ultimate goal of this process and method is not to produce a financial plan. The plan is a path to the goal.
The ultimate goal we want to reach is for you to have the life you want to live and enjoy. We cannot guarantee anything. We can work with you to plan and structure your assets and resources designed to produce a reliable and sustainable income for as long as possible. We work with what you have. We begin where you are. Working together a plan will develop. It will be your plan which we will help guide you to create.
We understand the financial planning* process may seem scary or intimidating. Probably because you have not participated in such a process and are unsure of what to expect.
Depending on the type of plan we will work on, we will need to collect some information from you. Some of the information will be financial such as account statements, cash flow, copies of policies, and the like. Some information will be personal like birthdates, dependents, maybe tax returns and such data. Some of the information will be how you feel about a topic, what you want to achieve from this process, timelines, retirement thoughts and similar information. We collect only the information needed to work on the question or topic. If we are engaged to provide a comprehensive plan then the information we request will be more detailed.
The questions we ask are not to be intrusive. We simply need certain types of information to do the job for you. We do not judge or criticize. We have all made personal and financial decisions which we later realize were not the best decisions. If you do not want to answer, tell us. We move on.
We do not expect everyone to be completely organized with all their documents. Just bring in what you have. Put it in a box if that is where you are with your filing. We will organize, select what we need and return everything to you. We will let you know if we need any additional information or documents.
We do need to know how you got here, so we can help you get to where you want to go.
*Financial Planning services are offered by Paul Marsh through his affiliation with Cetera Investment Advisers LLC.