Can financial planning be done independently or is it necessary to take help of a financial planner?

Financial planning can be done independently or with the help of a financial planner. It ultimately depends on the individual's comfort level with financial matters and their level of financial knowledge.

While it is possible to create a financial plan independently, a financial planner can provide valuable expertise and guidance, especially for those who may not have a lot of experience with financial planning. A financial planner can help individuals set realistic financial goals, develop a plan to achieve those goals, and provide ongoing support and guidance to help them stay on track.

However, working with a financial planner may involve costs, such as fees or commissions, which may be a consideration for some individuals. Additionally, it's important to choose a reputable and trustworthy financial planner who has the necessary qualifications and experience to provide appropriate financial advice.