FAQ

Frequently Asked Questions

1. What is financial Planing

Financial planning is the process of aligning your financial decisions with your life goals. It involves assessing your current financial situation, setting future objectives, and managing your money to ensure you have the right resources at the right time to achieve those goals.

Ultimately, financial planning helps you prepare in advance for life’s financial demands — whether that means saving for retirement, buying a home, funding education, or building wealth.

2. Where does the financial planning process start?

The process begins with you — your goals, your timeline, and your current financial situation.

At Igneski Financial, we start by having a detailed conversation about:

Your short- and long-term goals
Your current income, assets, and debts
Your ability and willingness to save
Your family situation and financial responsibilities
Your risk tolerance and investment preferences

Because everyone’s goals are different, we never take a “one-size-fits-all” approach. Instead, we create a custom plan tailored to your unique needs and financial vision.

3. Why should I speak to a financial planner?

A financial planner works for you — providing expert guidance to help you make informed financial decisions and choose the best strategies for your situation.

While self-help resources, books, or software can be helpful, there are many situations where speaking to a professional can make a significant difference, especially when:

You lack experience or confidence in financial decision-making
You’re too busy to create and manage a detailed financial plan
You’re unsure where to start or how to reach your goals
You’ve experienced a major life change (e.g., inheritance, illness, divorce)
You want to validate or improve an existing financial plan
You want access to expert advice and high-performing investment products

Think of a financial planner as your personal financial guide — helping you navigate decisions with clarity and confidence.

4. What type of information does a financial planner require?

To provide the best advice, your financial planner needs a full picture of your current financial situation. This may include:

Your income and expenses
Assets (such as investments, real estate, savings)
Liabilities (like loans, mortgages, or credit card debt)
Family dependents
Insurance coverage
Retirement goals and timelines
Risk tolerance and investment preferences

Just like a doctor needs accurate details to prescribe the right treatment, a financial planner relies on complete and honest information to recommend the best strategies for your financial health.