Financial Planning Month

Financial Planning Month

October 04, 2022

October is National Financial Planning Month. Why should you work with a financial professional?

Help with Cash Management – A financial professional can help you create an emergency fund: money that’s set aside for unplanned expenses. This may include looking at your “sources and uses” of money.

Help With Investment Approaches – When reviewing investment approaches, it’s critical to consider your goals, time horizon, and risk tolerance. Financial professionals can help you take these into account.

Help with Retirement Preparation – A chief concern for 42% of American workers is outliving their savings and investments in retirement.1 Proper preparation helps you better understand your choices, so you can be ready for what life brings you.

Help with Protection Strategies – Anyone can face financial risks during their lifetime. Protection strategies can include heal care considerations, an essential part of looking out for your loved ones.

Help with Tax Management – Tax rules change often, and there’s no guarantee that the tax landscape will stay the same. A smart tax management strategy is a key component of sound financial management.

Help with Estate Strategies – Much like tax rules, estate rules change over time. A financial professional can team up with legal professionals to create an estate strategy designed to fit your situation.

Give our office a call if you would like to talk through some of these items. 507-535-3542

Source:, 20211