Revealing the mysteries around financial planning: What it means, what it can do for you, and what the process looks like. I also discuss the problem with simply knowing or researching things rather than using information to implement in your own life.

More specifically, I discuss:

• What is Financial Planning? – Personal/Retirement
• What Are The Steps to Creating a Financial Plan?
• Examples of What to Consider When Creating Your Plan
• The Implementation of Information and Strategies
• What Can Financial Planning Do For You?

Resources:

• Retired-ish Newsletter Sign-Up
• Begin Creating Your ONE-PAGE Financial Map
• Free 4-Step Retirement Analysis for Ages 50+
• Ask Cameron A Question!

 

The key moments in this episode are: 

00:00:50 - Types of Financial Planning

00:02:17 - The Purpose of Financial Planning

00:04:58 - The Process of Financial Planning

00:09:07 - Importance of Getting Organized

00:14:37 - The Importance of Open-Mindedness in Financial Planning

00:14:59 - The Sign of a Completed Plan

00:15:51 - The Most Important Step: Implementation

00:17:23 - The Value of Assistance in Staying Consistent

00:19:01 - Continuous Monitoring and Course Correction