Title: What is holistic financial planning and how can it help you? | MassMutual
Headings: What is holistic planning and how can it help you?
What is holistic planning and how can it help you?
Knowledge and psychology gaps
Professional help

Content: What is holistic financial planning and how can it help you? | MassMutual
What is holistic planning and how can it help you? By Allen Wastler
Allen Wastler is a former financial journalist with over 30-years of experience, including time at CNBC, CNN, and Knight-Ridder Newspapers. Posted on Aug 20, 2020
A lot of financial service providers and professionals tout the “holistic” approach they take in helping people manage their money. But what does that really mean? Consult the dictionary and you will find the following definition: relating to or concerned with wholes or with complete systems rather than with the analysis of, treatment of, or dissection into parts. It’s a philosophical approach with application to a variety of areas. In terms of medicine, for instance, that means not just treating a symptom, like a rash, but also looking at situations and causes behind the symptoms, like an allergy or work-related exposure to toxins. Similarly, in personal finances, a holistic approach means not just aiming for one goal or challenge — buying a house, for instance — but also providing for other needs — like paying the bills or saving for retirement.