GC Financial Advisors Ltd Banner
GC Financial Advisors Ltd Logo

Financial Planning Company – Golf

The most typical misunderstanding regarding financial planning is that it is centered on investing. Of course investing is a part of financial planning as you should make intelligent investment decisions, but there is much more to it. Financial Planning is the method of developing strategies to help you control your financial affairs effectively and meet financial targets. It is a holistic method that can help you make better decisions by turning vague objectives into concrete strategies, supplying a guide for action. Having a financial plan - and sticking with it - will give you a real advantage when it comes to planning your retirement along with other long-term financial and life goals.

Retirement Planning and Funding Your Child's Education - Golf

Frequently people say that they are saving for retirement or saving for their little one's education. They seem like specific goals, however they are really quite vague. Financial planning can discover the important numbers - How much do you need to save and by when? If you're not sure whether you'll have enough to live on post-retirement, it can create anxiety. But when you know what you should do and that you are following the financial plan, it gives you peace of mind and assurance. When your situation changes from single to married, from renting to buying a home, having children or caring for aging parents, financial planning can help you make better-informed decisions.

Certified Financial Planner - Golf

Most people do not have unlimited resources. In such a situation, Financial Planning through a Certified Financial Planner can offer advice on how best to make informed options and prudently use the limited resources for reaching financial freedom. Say, if you have identified retirement and funding your child's education as your financial targets, but you only have Rs. 1,000 extra every year to achieve these objectives, a Certified Financial Planner can help you select among your priorities. Whatever you decide, you'll have the secure feeling of knowing that a professional has reviewed your situation and that you are doing something positive for your financial predicament. Financial planning provides a road map with an action plan that - if followed faithfully - will take you where you want to go financially.

Missing the big picture is a problem seen all too often with clients. If you're devoted to the near-term rather than on much wider long-term implications, then you may end up impairing the build up of wealth. For example, depending on pre-tax returns for financial decision-making as opposed to understanding that various kinds of investments are subject to differing tax rates could be damaging for your financial health. A Certified Financial Planner will make you understand that the type of investment you choose has an effect on the after-tax return. Don't forget, it isn't about the returns an investment generates; it's about the net income that comes in your hands. Many of you fail to realize the delayed tax implications on the potential nest eggs. It's pre-tax returns you're worried about and you fail to realize that there will be a drag on the ultimate amount of money you'll have because of the tax liability that is awaiting you.

Influence of Financial Planning - Golf

The impact of sound financial planning on overall financial well-being is multifold and also multidimensional. Actually if you think of your financial life as a flywheel, with financial planning as the heart, each one of the different elements of your financial life - like buying a house, saving for retirement, planning for children's education, owning your favorite luxury car, debt management etc - are spokes to the wheel. Once you start to make progress along each one of those spokes, you'll start to gain traction overall, and you will see your ability to recognize your financial targets really start to take off. Additionally, everyone knows that one of the greatest causes of stress and conflict in relationships is money. Individuals and also families who have planned out a financial path enjoy greater well-being, fret less, sleep better and have vibrant relationships.

Financial Planning is a life process. Ideally, you need to meet a financial planner as early as possible in your life and set up a long-term relationship. Then meet frequently to review the Financial Plan to make sure you are on track.

For more details, please don't hesitate to contact us at any time and we will be glad to help you!

Areas We Serve

Proudly Serving:

Arlington Heights - Aurora - Batavia - Bolingbrook - Bloomingdale - Buffalo Grove - Chicago - Cicero - Deerfield - Des Plaines - Dupage County - Elgin - Elmhurst - Evanston - Geneva - Highland Park - Lockport - Lombard - Naperville - New Lenox - North Barrington - Northbrook - Oak Lawn - Orland Park - Plainfield - Romeoville - Schaumburg - Wheaton

GC Financial Advisors service area map