Misconceptions of Financial Planning

As a financial advisor with over 26 years of experience, I have heard it all. “Oh, so you make trades.” Or, “I don’t have enough money to work with you.” And, “You sell insurance?” What I do with Mettle Financial Group is bigger than all those things together.

I’m a problem solver. And I bring my experience, along with my compassion as a father, son, husband, uncle and brother to the table.

Let’s clear up some misconceptions.

Misconception #1: "Financial planning is just about investing."

Reality: Financial planning includes budgeting, taxes, insurance, retirement, estate planning, and more.

Investing is just one piece of the puzzle. A real financial plan looks at your entire financial life — how to grow, safeguard, and eventually distribute your wealth.

Misconception #2: "Financial planning is only for the wealthy."

Reality: Everyone can benefit, whether you're starting out, building wealth, or nearing retirement.

You don’t need a certain dollar amount to start planning. It’s about making smart decisions with whatever resources you have today.

Misconception #3: "I’ll start financial planning later."

Reality: The earlier you start, the more flexibility and options you’ll have.

Starting early gives you time and compounding on your side. Waiting often means needing to save more later to catch up.

Misconception #4: "I already have a 401(k), so I’m set."

Reality: A 401(k) is one piece of the retirement puzzle, but not a full plan.

A 401(k) is like a hammer in a toolbox — great for one job, but you’ll need more tools to build your financial house.

Misconception #5: "A financial plan is a one-time thing."

Reality: Plans should evolve as life and laws change.

Life happens — jobs change, families grow, markets shift. A good financial plan adjusts with you, not just for you.

Misconception #6: "A financial plan guarantees results."

Reality: Plans can’t predict the future, but they prepare you for it.

The goal isn’t to control outcomes, but to be ready for different ones. A strong plan builds confidence, not false certainty.

Misconception #7: "Advisors just pick stocks or funds."

Reality: As a CFP, I strive to provide strategy, guidance, and long-term perspective.
My role isn’t just managing investments — it’s helping you make smart choices, avoid mistakes, and stay focused on your goals.