Financial Planning - Why Women Need a Financial Plan

A comprehensive financial plan provides a clearly defined roadmap for organizing the pieces of your financial picture. It is the procedure used for discovering your values, your goals, your dreams for the future and the resources needed to achieve them. The financial planning process considers what strategies and investments would be most appropriate based on your values, tolerance for risk and time horizon.  

With a financial plan in place, you will have clarity and the ability to focus on your goals and understand what it will take to reach them.  Financial Planning should be regarded as the big tent under which all other financial disciplines find shelter. 

A comprehensive financial plan can help you charter the choppy waters of competing financial priorities.  A financial plan will reveal how your financial goals may overlap-for instance, what is the impact of saving for your retirement have on saving for your children's college education?   This type of information provides clarity on how to prioritize your goals.

Your financial plan must be comprehensive and incorporate this process in order for you to find comfort and success with your money. Most importantly, you will know that you are on the right track and your financial future will be secure.   

Why is it needed?
Today, time may be on your side. However, will you be able to continue at your current pace throughout your life? Will your income be the same forever? Will you be able to live on your own terms even after you retire? 

Retirement Planning
There are some people who believe in the myth that their retirement plan is set if they have a pension plan or social security. Retirement Planning is a vast subject and factors like life expectancy, health status, current lifestyle, inflation, and taxes have to be evaluated. It is the largest and most important component of financial planning.

Why is financial planning important?
As a woman your financial needs are unique.

Women live longer than men but earn less. Women should remain in the labor market longer as long as possible, save more and invest prudently and wisely.

Women are less confident about financial matters.  Some married women tend to defer financial decision-making to their husbands. When women are not engaged in their financial affairs, they are more vulnerable if their husbands predecease them.

Women have saved less for retirement. Women spend less time in the workforce, caring for children and other family members.  Being a caregiver can save money but at the cost of displacing a stream of income.

Women's insurance needs are different.  Women are more likely to need long-term care insurance more than men because they outlive them, and often outlive their spouses.   

I believe a successful retirement rarely happens by accident.  It happens by design. Over the years I have seen that the investors who have written plans are the ones most likely to reach their goals. "It's important to have a plan…" an idiot with a plan can beat a genius without a plan" Warren Buffett…....

Financial Planning will answer three important questions:

  • What are your values and financial goals?
  • Where you are today in relation to your goals?
  • How will you get from where you are today to achieve your goals?

The three main steps in creating and implementing an effective financial plan involve:

  • Developing a clear picture of your current financial situation 
  • Setting and prioritizing financial goals and time frames
  • Implementing appropriate saving and investment strategies 

I can help you~ 

  1. Clarify what's really important to you (your core values).
  2. Prioritize and define your goals. 
  3. Benchmark your current reality.
  4. Create a financial roadmap.       
  5. Inspire you and hold you accountable to take action.   

Take the first step,  let's get acquainted! I listen and inquire about your past and present experiences, family, and concerns. Tell me your story and I will design a plan based on your values, goals - what's important to you. 

Schedule your Free 45-minute Discovery Phone Session TODAY! 

I can help you clarify your values, your individual wants and needs as I recognize each woman is unique in her style of living.  My "Life by Design" process can help you create and build the life of your choosing, to find comfort and success with your money...to live the life of your dreams!

 Contact us to schedule a complimentary 45-minute discovery session to discuss your dreams, your goals, your values, what's important to you!  I am here to help!  

PARIS Financial provides successful women with conservative strategies to grow their wealth during accumulation/savings years to protect their wealth during their retirement years and tax-advantaged strategies to distribute their wealth during their life and upon their death. 

"I am on a mission to revolutionize women's relationship with their money."

 Contact us to receive the highest levels of financial advice and coaching that will lead to confidence, engagement and goal attainment. 

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Office Address
101 California Street, Suite 2710  •  San Francisco, California 94111  •  Phone: (415) 851-1254 


This communication is strictly intended for individuals residing in the state(s) of CA, NC, OK and TN. No offers may be made or accepted from any resident outside the specific states referenced.