Scott Kahan's Financial Road Trip

Scott Kahan’s Financial Road Trip: When it comes to mapping out your financial future you don’t want to be singing, “Do you know the way to San Jose” on the street corner. Scott Kahan, Certified Financial Planner and President of Financial Asset Management Corp. in NYC and Chappaqua, told us “developing a financial plan is like mapping out a trip – the final destination and all the stops on the way.”

What’s the first step in financial planning?

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Why Financial Planning Should be about More Than Just Retirement

The average individual only views financial planning through the lens of retirement. In reality, financial planning can help you meet a variety of monetary goals, not just your desire to live a comfortable life during retirement. Make no mistake, it is important to save for those years, but financial planning has the power to unlock more potential in your life as well.

Map Goals and Discover a Path to Success

 

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To Save or Invest; that is the Question

The average individual undoubtedly understands that there is a difference between saving and investing, even if those terms are sometimes used interchangeably. The key to taking advantage of saving and investing is understanding the difference between them. In short, saving and investing differ in terms of risk and liquidity. There is much more to it, including the challenge of determining whether you should save your money or invest for the future.

A Look at Saving

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