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Make a Plan for Your Goals
Whether your goals are owning a new home, starting a business, traveling more or just living comfortably in retirement – none of these goals happen by accident.
That's why financial planning is so important. With a plan in place, you're able to determine where you are now, where you’d like to be in the future – and what you must do to get there.
Retirement Planning
Medical Expenses
Starting a Family
Caring for an Aging Parent
Financial Planners Help Build Better Experiences
Sometimes it’s hard to tell if you need professional help for a problem or if you can handle it yourself.
It happens all the time – financial questions pop up that you consider silly so you feel like you must handle them alone.
Don’t ever sit on the sidelines and fear asking for help or think your situation is unqualified to go to a planner. Solid and respectable planners let you know if they can help – and more importantly – if they can't, referring a professional who can. They also let you know if they think you can plan your finances yourself.
Signs You May Need a Financial Planner
To merge or not to merge finances after marriage is a huge question.
Communication during this transition helps you navigate possible questions about taxes, investment allocation updates, selecting benefits, joint roles in management of the household, deciding whether to maintain separate bank accounts and more.
Whether considering starting your own business or a long-term entrepreneur, you likely need to know how to prioritize goals, pay yourself while keeping the operation running and the best way to manage cash flow on an income that fluctuates monthly.
Not to mention saving for retirement, obtaining health insurance and protecting you and your family against a loss in income from death or disability.
Simple budgeting often enables you to handle large purchases. If you look to buy a first home or make another sizable investment, understanding the overall effect on your cash flow, lifestyle and future goals looms large.
How large of a home can you afford? What’s your budget for home maintenance? What other goals go on the back burner? What about your future savings?
Job or career transitions also bring changes in income and benefits. Make sure you maximize your company benefits, leave no retirement accounts behind and ignored, plan appropriately for income fluctuations and consider the transition’s overall influence on your lifestyle.
A baby comes with a slew of considerations: ensuring you have an emergency fund of three to six months’ expenses, adjusting your spending for child care, groceries and medical costs, and updating your estate plan and insurance coverage in case something happens to you.
Meet Your CERTIFIED FINANCIAL PLANNERs™
Jim Carnevale
Partner
Ross James
Senior VP, Wealth Management
David Batchelder
Senior Investment Officer
Dan Bernardo
VP, Financial Planner, Private Client Group
What is a CERTIFIED FINANCIAL PLANNER™ Professional?
While some professionals may call themselves financial planners, only those who demonstrate the requisite experience, education and ethical standards are awarded the CFP® mark. A CERTIFIED FINANCIAL PLANNER™ professional, or CFP® practitioner, is a financial professional who meets the requirements established by the Certified Financial Planner Board of Standards, Inc.
At Sentinel, all of our Financial Planners are either CFPs® or on a CFP® track.
What Does a CFP Professional Do?
A CFP® professional is trained to develop and implement comprehensive financial plans for individuals, businesses, and organizations. They have the knowledge and skills to objectively assess your current financial status, identify potential problem areas and recommend appropriate options.
How Can Sentinel’s CFP® Professionals Help You?
Our CFP® professionals can help you create a personal budget, control expenses and develop and implement plans for retirement, education and/or wealth protection. A CFP® professional can offer expertise in risk management, including strategies involving life and long-term care insurance, health insurance and liability coverage. They can often help with your tax planning or manage your asset portfolio based on your goals.
Specifically, Sentinel’s CFP® professionals can help you:
- Establish financial and personal goals and create a plan to achieve them
- Evaluate your financial well-being with a thorough analysis of your assets, liabilities, income, taxes, investments and insurance
- Identify areas of concern and help you address them by developing a financial plan
- Review your plan periodically to accommodate your changing personal circumstances and financial goals
Keep in mind that there is no assurance that working with a financial professional will improve investment results.
Ready to Start a Conversation?
Speak with a Financial Planner today! We can help you:
- Create a financial plan
- Life insurance and Long-Term care planning
- Education fund planning
- Health care planning strategies
- And other major financial considerations
