PLANNING YOUR FINANCES: WHAT AN ADVISOR CAN DO FOR YOU

For some, financial planning feels like one of those “optional” adult responsibilities.  For others, financial planning is perceived as only being necessary if you are “wealthy,” close to retirement, or are someone who already has an in-depth knowledge of finances.  In reality, it’s one of the most valuable investments you can make for your future.

A common misconception is that financial planning only refers to the creation of an investment portfolio.  While yes, investments are a key component, there are many other financial decisions to make when developing a plan.  The number of choices can leave consumers feeling overwhelmed.  But don’t let that stop you!

The truth?  Everyone makes financial decisions every day.  From a young age, we learn to perceive value, weigh options, and decide which spending and saving activities will be best for ourselves (am I going to buy candy or colorful erasures at the dollar store?)  Of course, as an adult, financial decisions are more complex and carry more weight.  But your ‘financial future’ will occur regardless of whether you prepare.  No matter your age or wealth, take the time to plan, and consult a professional to instill confidence in your decisions.

WHERE TO BEGIN

Ready to take control of your finances, and plan for your financial future?  Next steps are to either commit yourself to extensive research, or seek reputable advice from a financial expert.  While it’s entirely possible to build a solid plan on your own, relying on the internet, friends, family, or the guy down the street, could put your finances at risk.  Misinformation spreads fast!  Especially now, with vast amounts of information accessible on the internet, much of which is unverified.  Even little mistakes could pose long-term risk to your financial plan.

That’s where the ATLAS Lifestyle Planning Group (LPG) comes in.  Our teams are registered to provide comprehensive financial planning tailored to your needs.  We help you understand the options across all risk levels, so you can make decisions that are informed, confident, and comfortable.  Because U.S. laws about investing, taxes, and retirement are constantly changing, we stay up to date – so you don’t have to.

WHAT IS INCLUDED IN MY FINANCIAL PLAN FROM ATLAS LPG?

A diverse financial plan goes far beyond investments.  These are just a few of the areas that ATLAS LPG can help you navigate:

• Identifying Goals
• Personal Cash Flow
• Equity Compensation
• Cash Reserves
• Estate Planning
• Real Estate
• Investment Management
• Retirement Planning
• Insurance Coverage
• Education
• Tax Strategy
• Debt Management

Our priority is to know you, your lifestyle, and the habits that may benefit or hinder your goals.  From there, our teams can navigate you toward healthy habits and away from poor financial decisions.

PLANNING BY LIFE STAGE

Your age, and where you are at in life, play key roles in decision making when molding your financial future.  In your 20s, you may have student loans to manage, while also needing to build credit – so you are not yet at an age where it would be beneficial to consider estate planning.  Whereas, in your 30s, you may have new priorities such as planning for your children’s higher education costs, and navigating homeownership, causing you to assess risk differently.

With ATLAS LPG, we know that there is no “one solution” for all.  The “right” plan is the one that aligns with YOUR financial situation, lifestyle, and values.  It is never too early – or too late – to plan your financial future!

If you are interested in knowing how a financial advisor can support you, or eager to step toward financial planning, contact ATLAS CPAs & Advisors today.  We’re ready to advise, listen, and serve to help you move toward a financial future that makes you proud.