Financial planning is considered by many to be a critical operation that facilitates secure investment and financial goals for both the short and long term. Some even elevate financial planning skills to an art form with elegance and style.
But whatever label is applied to securing a financial goal, the planning process is constant and spans many decades. The goals of an investor will change with increasing age and family composition. For example, the age at which an investor starts provides significant clues to their financial potential as well as their ability to handle investment risk.