What is Financial Transition Planning?

When major life events occur people commonly enter a state of mental stress and anxiety we call ‘the fog.’ The fog is overwhelming and you can get lost in it, overcome by stress it sometimes inhibits your ability to make decisions. Financial Transition Planning aims to bring you out of this fog, a specialized type of advisory designed to help you manage these overwhelming life events and help you regain some clarity and control.
 
When you undergo a large financial transition it can change the way you view your future; this idea of undergoing a life-altering financial shift can be overwhelming, but we work with our clients through these uncertainties and help guide them through their transition.
 
Financial Transition Planning aligns the money side of finance with the human side to help clients with decision-making in a time that can be emotionally exhausting. At Bongard Wealth Advisory we have a greater understanding of the emotional realities that come with major life events and financial changes. We are well equipped and dedicated to helping clients gain confidence in both their personal and financial well-being. By taking into account the sociological and psychological factors that clients may go through during times of change, we can personalize our financial strategies in the interest of each client and the struggles that they may be facing.
 
Whether it is an inheritance, the sale of a business, or retirement, big life moments can cause financial transitions that thrust individuals and families into a position where what was once considered stable is suddenly in flux. Large moments of change are inevitable in life; it is not a question of if they will happen but rather when they will happen. In these times of excitement or confusion we are prepared to help you create a strategy that will allow you to achieve both your financial and personal goals in life.