Why Do I Need a ‘Comprehensive’ Financial plan?

Can you imagine working on a jigsaw puzzle, with only a small portion of all the pieces?

You might be able to complete some sections, but you will likely wonder what the rest of the puzzle looks like.

That’s what your financial plan could resemble without some expert assistance such as from Burnaby’s strategic business and wealth management firm Bridge to Prosperity.

So, why is a comprehensive and professionally advised financial plan beneficial?
Simply put, it serves as a framework for organizing the pieces of your financial picture. Plus, with a financial plan in place, you’ll be better able to focus on your goals and understand what it will take to reach them.

You will also be able to better prioritize competing financial goals. For example, saving for your children’s college education might impact your ability to save for retirement. Business owners are in even a greater need for a comprehensive financial plan since they are often so invested in their business, both mentally and financially, they end up neglecting and even jeopardizing their personal finances.

But can’t you just sit down, roll up your sleeves and assemble all the right financial pieces yourself?

Perhaps, but a comprehensive financial plan will likely require expertise in several areas, such as legal and accounting.

The Bridge to Prosperity team includes financial professionals, who will provide you with up-to-date, relevant strategies and will help you weigh your alternatives objectively. That will save you time and reduce any unnecessary risks while ensuring all angles of your financial picture are covered.

You remain in control because once you have been provided with the options and recommendations, it is up to you to make the final decisions.

A financial journey takes time, that’s why your financial professional ensures it will contain sufficient flexibility to address life’s changes so it can be modified, as necessary.

Bridge to Prosperity is passionate about helping people better manage their finances by utilizing their extensive accounting and financial backgrounds to develop a clear plan based on a client’s current financial situation and their short and long-term goals.

For more information about how Bridge to Prosperity can make all the pieces of your personal financial puzzle come together for a secure and prosperous future, email info@BridgeToProsperity.com or call 778-776-4334.