If the answer is no, you’re not alone. According to a study from the Certified Financial Planner Board of Standards, only 19 percent of Americans could be classified as “comprehensive planners.” The remaining 81 percent either plan only for specific financial goals or don’t do any planning at all.*
Not sure whether your plan is comprehensive? Below are some of the elements commonly found in comprehensive financial plans. If your financial plan doesn’t include these elements, and possibly more, then you may need to re-examine your financial strategy from a more comprehensive perspective.
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What Is a Comprehensive Financial Plan?
Do you take a comprehensive approach to planning your finances?
July 12, 2018