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What Is FinancialPlanning and Why Does It Matter in a Crisis? Financialplanning begins with a thorough analysis of your short- and long-term financial situation, including all sources of income, your current spending patterns and debt, and your plans for the future. Diversification.
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“ Working with a qualified financial advisor to develop a holistic retirement plan can help prepare you for the road ahead. Your financial advisor can help you plan for challenges you may face in retirement, such as spending, efficient savings, taxes, inflation, debtmanagement, Social Security and Medicare.
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