Is Your Retirement Savings on Track? Addressing Common Concerns
Assessing Retirement Savings Adequacy Retirement planning is a critical aspect of financial stability, yet many individuals face uncertainties about whether their savings will suffice for their post-retirement needs. Datapoint Financial Planning, under the guidance of David E. Barfield, CFP®, offers specialized insights into these concerns, leveraging extensive experience in helping clients from diverse backgrounds in […]
Introduction to Professional Risk Assessment
Introduction to Professional Risk Assessment Professional risk assessment, a pivotal process in financial planning, strikes at the heart of making informed investment decisions. Notably, at DataPoint Financial Planning, under the stewardship of David E. Barfield, CFP®, a refined approach to risk assessment is applied, which ensures that investment outcomes align closely with client goals. This […]
Estate Planning Essentials for Small Business Owners
Understanding the Role of Fee-Only Advisors in Financial Planning Fee-only advisors, such as those at Datapoint Financial Planning, operate under a model where compensation is received solely from clients without any commissions from selling financial products. This structure aligns the interests of the advisor with those of the client, ensuring advice is unbiased. David E. […]
Developing Your Financial Plan
Developing Your Financial Plan Facebook Twitter LinkedIn Having a solid financial plan for your family is more critical today than ever before. Pensions are disappearing rapidly (only 25% of civilian workers and 15% of private industry workers had access to a pension in 2022 according to the Bureau of Labor Statistics). As a result, you […]