More usually folks discuss funding planning to satisfy their financial objectives. I feel you are appropriate, you should not have bother finding a CFP designated payment-solely financial planner to meet in-particular person with for a similar value because the Personal Capital advisors. For comparison, Mint does not allow guide input of investments and it did not break down my asset allocation accurately based on my linked accounts.
The idea behind Personal Capital is to give you an outline of your whole monetary picture, looking at all of your assets, while at the similar time allowing you to trace day-to-day transactions. Totally agree that the media has completely distorted the definition of investing, inflicting a number of people to lose observe of things like asset allocation.
Your allocation system merely provides the mechanics needed to see that your money is distributed as your spending plan directs. If you happen to’re on the lookout for a money-monitoring app, I feel you should attempt both Mint and Personal Capital to see which is greatest for you. Even with the assistance of a questionnaire, deciding on your asset allocation could be intimidating.