Is Your Financial Plan Flexible Enough?

As your life changes, your financial plan may change too. And that’s OK.

A mom and daughter stretch on a football field.
(Image credit: Getty Images)

One of my clients, a corporate executive for many years, recently made a major career decision: She decided to leave the corporate world and join a nonprofit organization that aligns with her values to help others. As a result, she will earn approximately $100,000 less annually than she did in her corporate job.

After giving me the news, she surprised me somewhat by saying: I’m so sorry if this messes up my whole financial plan!”

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Josh Monroe, CFP®, ChFC
Associate Wealth Adviser, CI Brightworth

Josh Monroe is a CERTIFIED FINANCIAL PLANNER™ practitioner and a Chartered Financial Consultant designee who listens actively and plans thoughtfully to help clients achieve their goals. He joined the CI Brightworth team in 2019 as a Financial Planner. Before CI Brightworth, Josh spent eight years at a leading insurance and investment firm in a variety of roles, including compliance and supervision. Josh is passionate about financial planning and making complex concepts easy to understand.