BWD Spring/Summer 2015 | Page 24

24 BWD | Spring/Summer 2015 By Joe Olekszyk, CFP® A good financial plan should be simple Fill five buckets for success A solid financial plan can help you avoid missteps that could hurt your otherwise healthy amount of savings, but sometimes building one can seem daunting. After all, many options exist regarding investment diversification and risk management in pursuit of reward maximization. The best financial plans are simple. However, that doesn’t mean they lack ingenuity. As da Vinci said, “Simplicity is the ultimate sophistication.” To build a simple financial plan, understand your needs and then fill the appropriate “financial buckets.”