80% of people with a personalized plan are on track or ahead of plan with their savings (vs. 39% of people without a plan). – Goldman Sachs Retirement Survey & Insights Report 2024
Financial planning is about more than just managing money—it’s about creating a clear, strategic path toward a secure and fulfilling future. Here are six benefits of a financial plan:
- Clarity and Direction: Helps you understand your current financial position and where you want to go.
- Goal Setting: Allows you to set realistic financial goals and create a roadmap to achieve them.
- Risk Management: Identifies potential risks and suggests ways to mitigate them.
- Optimization: Adjusts your finances to ensure you are making the most of your money.
- Peace of Mind: Provides confidence and peace of mind about your financial future.
- Responsible Spending Habits: Highlights careful and thoughtful use of your money.
What to Expect During the Financial Planning Process
Creating a financial plan can seem overwhelming, but it’s an important step on your journey to reaching your personal and financial goals. At Trust Point, we have an array of financial professionals available to guide your journey to financial success, who help simplify the process along the way. Here is what you can expect as part of Trust Point’s financial planning process:
- Sign Engagement Letter: Start the process by signing your engagement letter.
- Get Access to MoneyGuidePro: We’ll set up your personal login to our financial planning software.
- Share Your Information: Enter financial details and answer goal-based questions in MoneyGuidePro.
- We Build Your Plan: We’ll begin crafting your personalized plan.
- Plan Review Meeting: We’ll schedule a time to walk through your plan together.
- Receive Plan & Recommendations: You’ll receive a full summary and copy of your financial plan.
- Ongoing Support: We’ll help implement your plan and keep it aligned with your goals.
View our printable handout featuring this information.
