Financial Planning 

Financial planning involves looking at your entire financial situation and laying out a plan to take you in the direction you want to go.

It involves looking at the type of mortgage you have (as well as all types of debt), your insurance needs and current coverage, company benefits such as 401(k) plans, stock options or deferred comp plans. Other items include family situation, career stability, spending habits, legal documents, and retirement plans. basically A good financial planner will look at everything having to do with your money and help you craft a plan of attack that will help you reach your goals.

A financial planner shows you what types of accounts to contribute to, and how over time, that should lead to a targeted net worth or account value size as you near retirement.