Four Things That Impact the Financial Plans of Every One of Us

You can control some of these factors (how much you save), but others you can’t (how long you live), so there’s good news and bad news here.

A pair of hands hold a small globe.
(Image credit: Getty Images)

After over 20 years of being a financial planner, you certainly pick up a few things. You realize every plan is different, and every individual is unique. I’ve learned people’s tendencies and what makes different people tick. I’ve also had the pleasure of seeing countless people achieve their life goals, which is all extremely satisfying stuff.

However, for all the differences we have, I find equally interesting the fact that the key tenets of what make our financial plans work are relatively similar, and the list is fairly short. This naturally bodes the question of what are the key drivers in making our financial plan work?

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This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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Andrew Rosen, CFP®, CEP
President, Partner and Financial Adviser, Diversified, LLC

In March 2010, Andrew Rosen joined Diversified, bringing with him nine years of financial industry experience.  As a financial planner, Andrew forges lifelong relationships with clients, coaching them through all stages of life. He has obtained his Series 6, 7 and 63, along with property/casualty and health/life insurance licenses.