Seeing the Big Picture – Financial Planning

Seeing the Big Picture – Financial Planning

I focus on four simple areas to keep you S.A.F.E. and E stands for engagement.

Over a 30 plus year career you can collect a lot of assets and build up some significant wealth on your balance sheet. You worked hard and focused on your career and family.  Over time the collection and solutions may not be working together efficiently and can often work at cross purposes to each other.

See Lessons from the Winchester Mystery House.

​As you begin to slow down and focus on your next phase in life it can be very helpful to step back and take a holistic view of your balance sheet.

Financial Planning can help you consolidate and coordinate your wealth so that it  enhances flexibility and efficiency helping you to increase the benefits of your hard work.

​Good planning takes into consideration the multiple disciplines of:

Good planning pulls together a team of experts.  Great planning requires a team focused on a common directive.  A common directive acts as a "North star" providing clarity and focus for each team member as they work within their specialization.   Good planning sounds like a symphony of great musicians practicing before the concert.  Each is masterfully doing their own thing but collectively its not an attractive sound.  Great planning has them playing from the same sheet of music.

At some stage you want to revisit many of the structures and decisions made to ensure they flow appropriately. Ideally you find a coordinator or conductor that can help orchestrate a team of advisors so that everyone is singing from the same sheet of music. Combine the strengths of people through positive teamwork, so as to achieve goals no one person could have done alone. They work in unison to ensure all options are cross vetted across disciplines and then provide you with the bottom line analysis and final decisions.


elephant and the blind monksOnce upon a time, there lived six blind monks in a village. One day the villagers told them, "Hey, there is an elephant in the village today."

They had no idea what an elephant is. They decided, "Even though we would not be able to see it, let us go and feel it anyway." All of them went where the elephant was. Everyone of them touched the elephant.

"Hey, the elephant is a pillar," said the first monk who touched his leg.

"Oh, no! it is like a rope," said the second monk who touched the tail.

"Oh, no! it is like a snake," said the third monk who touched the trunk of the elephant.

"It is like a big hand fan" said the fourth monk who touched the ear of the elephant.

"It is like a huge wall," said the fifth monk who touched the belly of the elephant.

"It is like a spear," Said the sixth monk who touched the tusk of the elephant.

They began to argue about the elephant and everyone of them insisted that he was right. It looked like they were getting agitated. A wise man was passing by and he saw this. He stopped and asked them, "What is the matter?" They said, "We cannot agree to what the elephant is like." Each one of them told what he thought the elephant was like. The wise man calmly explained to them, "All of you are right. The reason every one of you is telling it differently because each one of you touched the different part of the elephant. So, actually the elephant has all those features what you all said."

"Oh!" everyone said. There was no more fight. They felt happy that they were all right.

The moral of the story is that often we are limited by our point of view and can't see the whole picture. Before you make big financial decisions, consider taking the time to review your entire financial picture and the ramifications of how a decision in one area of your life can affect the others. Financial planning can be very helpful to all team members in making sure everyone is assessing your situation from the top down before making recommendations.

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Contact us and I will happily guide you in the right direction.