Historically, financial planning was only for the wealthy, or that was the general perception. Nowadays though, financial planning is becoming more and more important for everyone. If you consider that the cost of living is increasing, school and higher education fees are inflating at higher levels than ever before, and property prices have been at all time highs.
The advances in medical science and technology mean people are living longer then ever before, and individuals are being tasked with providing for their own retirement due to cash strapped governments looking to shift responsibility.
Fundamentally we now require more money to get through our working and retired life compared to 20 years ago.
The questions that must be asked are:
Do you have a plan?
Is money working for you in the correct way?
Will you have enough money to provide the life you want for you and your family?