Financial FAQs
Demystifying the role of a financial planner.
How our services can benefit any type of client, regardless of income or age.
What can you do for me that I can’t do on my own?
Think of Goldstein Financial Future as an aggregator of all the noise. With so much financial information available, it’s helpful to have someone in your corner to help you sift through all the data.
Who needs financial planning?
Anyone on the brink of a big life change or decision can use a financial planner to weigh the options.
Do I hire you for a period of time or just one visit?
Some clients see us once for a focused issue, others we see annually as they walk through retirement or work to stay on budget. It is all up to the client.
Is financial planning worth the money?
Our goal is to save you from major costly mistakes. If you feel professional knowledge is valuable, we work hard to make it worth the expense. Also, because we are hourly, we can give you estimates on the work we might have to do.
How much time will be required?
It depends on how much the client wants or needs. A focused issue can be a few hours, while a comprehensive plan will be more. I meet when the client wants to.
When is hiring a fee-only planner in my best interest? When is it not?
Not every financial question has a product answer: When can I retire? How much life insurance do I really need? What resources are out there to help me pay for college? If you seek a product like life or car insurance, it is best to seek out a commission-based advisor who is compensated for product sales.
Isn’t financial planning only for folks on the brink of retirement?
No. For a young person, planning helps navigate the employee benefits of a new job, or answer the question to whether you should open a joint bank account when married. In midlife, financial planning centers around getting out of debt and planning for retirement. In late life, advising centers around estate planning and philanthropy.
Isn’t financial planning only for the wealthy?
Our clients come from all walks of life. Goldstein Financial Future is proud to offer hourly planning to clients of all net worths and incomes.
Isn’t financial planning just asset management?
Comprehensive financial planning spans six different disciplines: tax planning, estate planning, retirement, managing cash flow, risk management, and portfolio reviews. While we do not actively manage portfolios or advise on investments, we do review overall portfolio performance, asset diversity, and risk tolerance based on time horizon and age.