Welcome
Thank you for visiting our website. We know this can be the beginning
of a long and lasting friendship. Let us guide you to Financial Self-Sufficiency.
Philosophy
Financial planning is an ongoing process. It is a range of possibilities that need to be frequently updated. Personal financial planning is different than statistics or accounting, where there is always a “right answer”. In those fields, more detail is better. That’s not true with "personal financial planning".
At Anthony V. Rizzutto, CPA/PFS we focus on the most significant factors. Since no one can guarantee the accuracy of any assumption, we limit the number of assumptions to those that are the most reasonable to predict. Focusing on what you can save, and relating that to your current lifestyle is more reasonable than trying to predict your actual income and expenses for the next 30 years.
An important benefit of personal financial planning is that a plan helps you make more appropriate decisions, because you have better information.
Your financial goals are important. They are not merely “expenses” --- they are hopes and dreams. We begin the "personal financial planning" process with your goals (time frames, amounts, and importance). This engages you and focuses you on how your money can be used to fulfill your needs, wants and wishes. We have transformed a data-collection process into a conversation about what’s important to you.
Why Is Attaining Financial Self-Sufficiency Important?
Financial Self-Sufficiency is "personal"; it is different for each of us. We are all individuals with different "wants" and "needs". Financial Self-Sufficiency is an important planning goal because it allows us to "Control Our On Destiny". As the saying goes, "you only go around once in life so make the most of it".
There are many events and situations in life that prevent us from attaining "Financial Self-Sufficiency". Such events and situations create the "short-term" goals that must be achieved and resultant problem that must be solved.
Conceptually, these "short-term" goals can be thought of as "roadblocks." Roadblocks may be currently present or may be on the horizon. The essence of "personal financial planning " is to identify the roadblocks and develop plans to overcome them.
