Plan like you’re going to live forever and live like you’re going to die tomorrow. If in any area of our life, we ought to apply this principle to financial planning.
 
In this episode, I talk with Certified Financial Planner Grant Goodwin about the value of financial planning. Grant is an independent financial advisor with LPL Advisors who has seen the industry from multiple angles over the course of the last two decades.
 
In this episode we discuss:

* Grant’s experience as a financial advisor at a big bank compared to being an independent advisor
* The option of clients of financial advisors to pay a fixed fee or a percentage of their assets under management
* Being aware of potential conflicts of interest with your financial advisor
* Determining appropriate financial products based on your circumstances and goals
* The value of looking at your spending, setting a budget, and setting goals
* The value of saving early and the power of compound interest
* The importance of not getting caught up in this world, focusing on your own goals, and not trying to impress others

As always, you can subscribe to The Post Money Plan podcast here.