Skip to main content
How your finances may change working with a personal CFO
December 16, 2021 at 7:00 AM
How your finances may change working with a personal CFO

Managing your finances can be difficult. You have enough going on in your life that you probably don’t have time to keep an eye on your 401(k), other investments, and savings. You’re hoping things are growing according to your plan, but you might not know exactly where things stand. With help from a personal CFO from OWLFI, you can get regular updates and advice regarding your finances. A personal CFO can help transform your finances by advising you in investments and planning. Read more below to find out how.

Wise investing

Investing your money is a great way to sustainably grow it for the future. Wise investments are a way that you can rapidly grow your wealth to reach a point where you’re more financially comfortable in retirement. However, certain investment opportunities shouldn’t be pursued as you could end up losing a considerable amount of money. Your personal CFO can help you identify wise investments that will effectively grow your wealth well into the future.

Custom financial planning

Everybody’s finances are different. While you might be able to take advice from a friend and use principles of their strategy to find success with building wealth, it’s not likely that you’re going to want to implement every detail of what they’re doing. Your financial advisor can help you by analyzing your finances and creating a plan that’s specifically designed to meet your goals.

Confidence heading toward retirement

It doesn’t matter how much money you have set aside heading into retirement; you’re probably going to feel like it’s not enough. Your personal CFO can help you outline your expenditures, create a budget, and evaluate your savings. Beyond examining your retirement fund, you can learn more about the tax implications that come with taking disbursals from your savings and how it will affect your spending. You’ll feel much more confident heading into retirement because you have a better understanding of where each dollar will go.

Sustainable savings plan

Putting money in an envelope in your nightstand isn’t a savings plan. While it might be an effective way to have some petty cash set aside, it’s not going to get you to retirement or make you financially stable. A financial advisor will identify places you can put your money to build savings. While saving for retirement is essential to your long-term financial success, you also need to think about the present. Building a savings account is a great way to ensure that you have money available when you need to make unexpected car repairs, home maintenance, or medical bills without making a dent in your financial future.

Better awareness of assets

It can be challenging to keep track of your money when you have it in different places like savings, retirement accounts, and other investments. Your personal CFO will monitor your assets to ensure that your investments are growing, retirement accounts are on track for your projected retirement, and you’re continuing to bring in the amount of money you’re used to. You’ll be more aware of what your money is doing without putting in more effort to do so.

Get in touch to get started

You can learn more about a personal CFO and how your finances will change by getting in touch with our team at OWLFI. Our experts can help you manage your finances so you’re more comfortable now and confident heading into retirement. Contact us at your nearby office, and we’ll set up an appointment to go through your finances with you. You can also send your inquiries via our online contact form.

Subscribe to our newsletter
Let's keep in touch!

Stay updated on our news and events! Sign up to receive our newsletter.