If you visit a financial advisor, how complex should your plan be? Is a one-page plan too simple? Is a 50- to 100-page plan too much? We’ll explain how much detail you should expect in your financial plan.
Read more and get additional financial resources here: https://www.baschrock-fg.com/podcast/ep-48-how-complex-should-your-financial-plan-be/
On today's show:
2:48 – What’s the typical range of a financial plan?
4:39 – What’s the ideal length of a plan?
6:10 – Does it depend on what the client wants?
8:20 – Examples of complicated plans
9:52 – Examples of simple plans
10:38 – Are long plans a red flag?
13:14 – Mailbag: Retiring at 55