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Financial Planning

What It Is

Personal financial planning is an organized system for answering your financial questions and providing the basis for all of your personal financial decisions to help achieve your goals in life. Having a plan provides direction and meaning to all of your financial decisions and allows you to understand how each financial decision you make affects your life goals – both now and tomorrow. With a solid financial plan in place, you can adapt more easily to life changes and feel more secure that your goals remain on track. Creating a financial planning roadmap is an essential step in keeping you focused on your long-term goals – despite whatever personal or financial detours may come your way.

What It Covers

Designing a well-rounded financial plan examines your total financial picture and covers: Your current financial position

  • Cash flow projections and planning
  • Strategic investment tax planning
  • Education funding projections and strategies
  • Investment allocation and portfolio design
  • Retirement income needs and strategies
  • Wealth transfer and estate planning
  • Asset and insurance protection

The Process

Generally, the financial planning process consists of six steps. Each one is a key piece in establishing the foundation for a thorough and comprehensive financial plan:

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The Power of Independence

Just as important as having a financial plan is choosing someone to develop the plan. At Virginia Asset Management, we’re an independently operated financial services firm. We’re free to look at your situation objectively and choose the financial products and services that work best for you. For more information, visit our website, Read the online articles, watch the fact-filled seminars and play around with the handy calculators. Then call 1-800-787-1716. And put the power of independence to work for you. Tax and legal matters should be discussed with a qualified tax/legal advisor.

*Securities and Investment Advisory Services offered through Securian Financial Services, Inc., Member FINRA/SIPC. Virginia Asset Management is an independently operated affiliate of Securian Financial Services, Inc. TR325288 DOFU 06/2011