Why is Financial Planning Important?
A comprehensive financial plan serves as your foundation for organizing the many pieces of your financial picture. When you have a plan, you can better focus on what it will take to achieve your goals and how you need to balance your financial priorities.
By creating, closely following and regularly reviewing your customized plan, your chances of meeting your financial goals increase significantly.
Your Future Advantage®
Our four-step Your Future Advantage financial planning process is focused on you. Together, we dive into what your goals look like, make a plan to help you get there and then regularly review to make sure you’re on track. When you work with a Farm Bureau financial advisor, you can move forward with confidence knowing you have the support of a professional.
Working together, we’ll help you plan for tomorrow and live for today.
Step 1: Defining Your Expectations
Your advisor will walk through our approach and ask questions about your life and what you want to achieve financially. Our top priority is listening to your short- and long-term goals and expectations. This conversation will set the stage as you move through the rest of the process.
Step 2: Building Your Plan
You’ll start building out your plan by answering a series of questions so your advisor can better understand your tolerance for risk. You and your advisor will review six key elements of a financial plan, then they will craft a custom-fit plan for you.
Step 3: Putting Your Plan in Action
Once drafted, you and your advisor will meet again to review your financial plan. After it’s finalized, we can help you implement your strategy by taking the outlined steps —starting with where you are today and continuing into the future.
Step 4: Reviewing Your Progress
Your financial plan will be a living document that needs maintenance throughout its life cycle. You and your advisor will meet regularly to ensure your long-term strategies remain on track and updated as you experience new life events, changing investment horizons and shifts in the market.
Invest with Confidence
You don’t have to plan for your future on your own. Working with a Farm Bureau financial advisor means that you have someone walking alongside you every step of the way. We can help you get started on the right path, as well as provide context and input as you make choices that impact your future.
It’s your future. Let’s protect it.®