Financial Planning is a long term process of estimating future financial needs, setting objectives, assessing risk profile, distributing assets and resources and making plan to achieve monetary goals.  Several elements may be involved in financial planning, including wealth creation, wealth protection, wealth accumulation and wealth transfer.

Financial Planning may mean different things to replica watches different people.  For one person, it may mean planning savings and investments to provide security during retirement.  For another, it may mean planning savings and investments to provide money to a dependent’s university education or to settle current liabilities upon decease.

Many individuals choose to use the services of Financial Planners to help them reach their goals.  A Financial Planner is a professional who provides advice and guidance for a wide spectrum of financial planning issues.