HARRISONBURG, VA (Rocktown Now) — Expert insights from Everence Financial, helping individuals and families across the Valley plan with purpose.

Why Financial Planning Matters for Everyone

No matter your age, financial planning can make a real difference in your life. It’s not just about numbers, it’s about creating a road map for the goals that matter most, from your first apartment to your dream retirement. Planning ahead helps reduce stress, avoid mistakes, and make confident decisions when life throws change your way.

How Financial Planning Helps at Every Stage (and Common Myths)

Financial planning isn’t just for the wealthy or financially savvy, it’s valuable at every stage of life. Here’s a closer look, along with some common misconceptions:

  • Young adults and early career Myth: “I’m too young to need a financial plan.” Reality: Starting early, even with small savings, sets a strong foundation, helps manage student loans, and creates habits that pay off over time.
  • Couples and growing families Myth: “Financial planning is only for the rich.” Reality: Planning for a home, childcare, education costs, and emergency savings helps families of all incomes feel more secure.
  • Mid-career professionals Myth: “I can do it myself.” Reality: Balancing investments, insurance, and future goals can be complex. Professional guidance brings perspective, strategy, and accountability to avoid costly mistakes.
  • Pre-retirees and retirees Myth: “I’m too old to start planning.” Reality: Retirees and pre-retirees can maximize savings, create a steady income stream, and prepare for unexpected expenses. It’s never too late to benefit.

By combining these insights with practical advice, it’s clear that financial planning is for anyone looking to make their money work for their life, not the other way around.

When Guidance Matters Most

A financial planner helps bring clarity and structure to your decisions, ensuring your choices align with your values and goals. Professional guidance is especially valuable during big life changes: starting a career, expanding a family, buying a home, preparing for retirement, or navigating unexpected events like inheritance or loss.

Keep in mind:

  • Financial planning benefits people at every stage of life.
  • Guidance is most helpful when life feels uncertain or transitions occur.
  • A trusted advisor helps you move from reacting to planning with purpose.

Expert Insight from Steve Burkholder, CFP®, Financial Consultant

Steve Burkholder, CFP®, is a Financial Consultant in Harrisonburg, VA, specializing in guiding individuals and groups through financial planning, investment management, and charitable giving. With Everence since 2019, he helps clients align their investments, retirement, and charitable accounts with their goals, including socially responsible options. Known for his values-driven approach, Steve begins every client relationship with a free consultation, providing expert guidance tailored to each client’s financial journey.

For deeper insights, listen to our full interview with Steve Burkholder, part of the Harrisonburg Everence Financial team, in the companion audio feature.