Financial Planning

At RHS Financial, we specialize in financial planning as the core of our investment strategy.   How can you invest if you don’t have a plan?  It seems so logical, yet, it is so infrequently the case.  Did you know that 65% of Americans do not have a written financial plan?   Even worse, only 17% of that 35% that do have a plan update it on a regular basis!  That’s because most Americans manage their money backwards, they hire an investment manager before they have created a financial plan. At RHS we put you first by creating a straight-forward financial plan first that clearly defines objectives, outlines risk and defines investment time horizons before we put the money to work in your portfolio
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According to the 2009 Phoenix Wealth Survey, 45% of high net worth investors (people with approximately 1 million net worth or more) were very concerned that they would outlive their money and nearly 40% of Americans over age 55 have not saved at least $100,000 towards retirement. We don’t mean to scare you, just let you know that planning now can help you avoid being in either of these scary statistics.

Statistics show that those individuals who employ financial planners not only feel more confident about their investment strategy but that they better understand the larger financial picture of their wealth. A poll (July 2008) by Harris interactive showed that people who had hired a financial planner and had a comprehensive financial plan were twice as confident about their financial future as those without paid professional support. The survey also reported that these individuals felt more in control of their finances, were more likely to be proactive and stay on track with an investment plan and finally more confident that they could better weather difficult times. Most importantly, families with financial plans felt that they had a greater depth of understanding of their financial investments and activities. While other planning firms believe in gathering assets, we believe in educating and we are our clients' partners and share in their success.

RHS employs the most cutting edge software tools to help see and manage a client’s ENTIRE real-time financial picture including, 401K holdings, stock options, and other outside accounts.  This allows us to do real-time, on the fly updates of your financial plan.  Be smart and join that >5% of the American population that has a financial plan that is updated and get on the right track.   
 
Please click on our Resources page to learn more about the financial planning process, investments, markets, tax deferred investing and more. The time is now, whether you already have a plan or not to revisit your investment strategy and hone your plan for today’s volatile market environment and set yourself up for success!