Comprehensive and Goal specific Financial Planning: Financial planning can be divided into two categories: goal-specific planning and comprehensive planning.
When you use goal-specific planning, you examine each financial goal separately and devise an investing strategy tailored specifically to help you achieve your goals.
Comprehensive financial planning considers all of a person’s financial objectives as a single unit. As a result, the investment strategy is also a consolidated one rather than a separate strategy for each aim.
As part of comprehensive financial planning, we not only plan for each financial goal of the person throughout the working years, but also provide advice on retirement and estate planning.