Thousands of investors have told us they are confused by the investment jargon that is used by financial advisors. We also know some terms, that investors don't understand, are used by advisors as sales ploys. They establish themselves as experts when they define a term you may not understand.
There is an alternative. We have defined more than 1,500 commonly used financial terms. Look-up a definition by entering the term in the search engine or using the alphabetical search service.
Definition of 'Financial Plan'
Prepared by a financial planner. A comprehensive plan that helps people achieve their financial goals. For example, determine goals, how much they need to save, how much they can afford to spend, when they can afford to retire, will they run out of money late in life, etc.