Let’s say you decide to send your kids to private schools and end up saving less now – you don’t have to tell us. Path uses your real transaction history to calculate a rolling 12-month average of how much you’ve been saving and spending. We then use your actual behavior to forecast the future not what you say you want to do, but what you are actually doing. Path eliminates that challenge by leveraging the brainpower of our team of PhDs to handle the most difficult assumptions for you, like social security, inflation and investment returns. One of the hardest parts of financial planning involves knowing what assumptions to make about the future.
We’ve put in the work to allow you to focus on what really matters the money you save and spend now has a dramatic impact on your financial future. Path Lets You Focus on What You Can Control Today Let’s make sure your foundation is strong. We start with your needs before we get to your wants and wishes for one simple reason: If the foundation is shaky, then the rest is irrelevant. So we designed Path to first assess your basic financial health, before we let you imagine what’s possible. Path takes advantage of our team of PhDs to analyze your past behavior from connecting to your financial accounts, showing you what’s possible for your future.Īs your financial advisor, it’s our job to sometimes be the bad guy and tell you that you can’t necessarily afford the lifestyle you want. We were determined to build something more personal, connected and instant than any financial advisor could ever be. There are no great options to forecast your financial future outside of maybe using one of those static “retirement calculators” that make you do a lot of guesswork. Many clients don’t know what their financial goals should be, and even more don’t realize that the goals they’ve set with their current spending and saving patterns are actually unattainable. Can I live my current lifestyle in retirement?.You can set up Path in five minutes and get answers right away to big questions: Path helps you prepare for your financial future, every step of the way. Introducing Path, by Wealthfront, a better way to experience financial planning. So how does Wealthfront, as your financial advisor, make you care about something that is 30 years away? How do we make “planning for your future” less intimidating? How do we make it *gulp* fun? Today, we are extremely excited to announce that we have done just that. After all, you have time to make it up, right? When it comes to reaching your goals in retirement, time is your biggest ally. So when the subject of retirement comes up with our clients, I understand how it can be easy to put off an event that is 30 years down the road. With two girls under the age of five, I can definitely relate.
Suddenly, you have a mortgage to pay, joint finances, and kids… don’t forget kids. You go from being single and worrying mainly about rent and student loans to feeling a bit overwhelmed. Life comes at you fast when you hit your thirties.