Financial Planning is: Investing assets to receive the highest rate of return possible. Keeping taxes as low as possible. Planning to retire with the maximum income possible. A process of solving financial problems and reaching financial goals. The following are included in the financial planning process: Cash Flow and Tax Management Estate Planning and Management Risk Planning and Management Investment and Retirement Planning All of the Above The number one reason people fail to plan is: They procrastinate. They are too old. They are too young. They don't have the expertise to plan wisely.
