Financial Planning Everyone has dreams for the future as well as responsibilities to manage along the way. Centra Financial Group strives to offer impartial advice, act in your best interest and offer financial solutions that fit your lifestyle and goals. Knowing how you live your life today and identifying how your want to live your life in the future are the keys to proper financial planning. Our process can help you identify your life stages and choices, visualize and prioritize your future, and then develop a comprehensive financial plan to achieve your goals. As part of our approach, we can provide tips for budgeting, saving on your day-to-day finances and calculating your net worth. At Centra Financial Group, you gain access to a diverse range of products and services. Whether your financial goals are very broad or highly focused, we can help meet your needs. This includes: Wealth protection and accumulation Income for immediate needs Steady, reliable for living expenses Saving for retirement, college, vacation or other large expenses The Advantages of Saving Early The habits you establish early in your life can have a positive impact on your financial well being. However, always remember that it is never too late to start planning. Let's compare three different investment strategies using the chart below: John waits until age 33 to begin investing $100 per month and continues for 32 years. His total contribution of $38,500 grows to $143,674 by age 65.* Jane begins investing $100 per month at age 22 and continues for 10 years. Her total contribution of $12,000 grows to $172,217 by age 65.* Bill begins investing $100 per month at age 22 and continues to invest for 43 years. His total contribution of $38,400 grows to $329,524 by age 65.* Even though John contributed triple the amount of money, Jane accumulated more with her smaller investment by starting earlier. Of course, Bill accumulated the most by investing consistently for a longer period of time. *Assumes a 7% annual rate of return compounded monthly. This information is for hypothetical purposes only and is not a representative of the experience of any clients and/or peers and is not indicative of future performance or success. Contact us to learn how you can take charge of your financial future so that one day you can achieve your dreams.