Like most people, you probably have several pieces of your financial picture in place. Those pieces may include areas such as taxes, insurance, investments, retirement plans, estate planning, or simply managing your budget. However those pieces were likely done independently as your financial needs changed. In addition, your financial situation may have become more complex over time.
The founding vision of Integrated Financial Planning, Inc. is to add clarity to your financial picture by fitting together the pieces of your financial life. By using a financial planning process, the goal is to identify gaps in your finances or uncover untapped efficiencies in managing your resources.
Let’s start by focusing on the things in life that are more important than money. How will you be remembered? Whose life will you impact? How are you using the resources that are entrusted to you? Money is a means to an end, and we’re going to use that mindset when prioritizing your finances.
Financial planning should be based on where you want to be, not where you are today. Let’s get started where you are, and then work toward your where you want to be.
Financial independence may be more of a possibility than you think. What would your life look like if you only worked because you wanted to, not because you had to? The term we like to use is a “work-optional lifestyle” – working because you want to, at something that is meaningful to you, because you believe that what you’re doing has value. Helping others pursue the freedom that a work-optional lifestyle brings is the passion that drives the advice you will receive.
Taxes are a necessary evil, and we will treat them that way. We appreciate and encourage the opportunity to work with the tax professional of your choice to identify tax efficient strategies. Efficient tax planning may allow you to keep more of what you earn and reduce the tax-drag on your finances.
Many have said, “Failing to plan is planning to fail.” A simple example is planning a vacation. Where will you go? How much will it cost? How long will it take to get there? Many people put more time into planning a vacation than they do planning their finances. This may be causing extra stress and apprehension about your future. Let’s make a plan that identifies your opportunities and provides confidence and anticipation about what is next in your life.
This is your legacy. Are you living a life that is centered around what you can do for others? Are you making the most of your financial abilities, or do you have a feeling that there is something more that you could do? Let’s explore that feeling by using a process to evaluate your current situation and set a direction that leads where you want to go and is based on what is important to you.
Paul Hoogendoorn is the founder of Integrated Financial Planning, Inc. He graduated from Dordt College in 2006 with a Bachelor of Arts degree in Business Administration with an emphasis in Finance. Since then Paul has obtained his Series 7 and 63 registrations, held through LPL Financial, and earned the CERTIFIED FINANCIAL PLANNER™ certification or CFP® certification and the Retirement Income Certified Professional® designation or RICP® designation. Paul joined the financial services industry because of his passion for helping others. He realizes financial matters can be very complex and collaborates with clients to help them fit together the pieces of their financial lives.
Paul grew up on an acreage near Rock Valley and currently resides in Sioux Center with his wife Heather and their 4 children. His interests include spending time with family and friends, church involvement, volunteering at community events, and spending time outdoors.
After graduating from Dordt College with an Administrative Assistant degree, Valerie was employed as a Loan Assistant at a local bank. When her oldest child was born, she went part-time as a church secretary before becoming a full-time homemaker. Both jobs taught her the importance of accuracy, confidentiality, and organization. These and many other skills will be an asset as she works at Integrated Financial Planning, Inc.
Valerie and her husband Ryan live on an acreage with their three children. They are a foster family and host family for Safe Families. Other interests include spending time as a family, baking, and church involvement.