b'"Financial planning is a roadmap to where you want to go. Think about a road trip as you will need a plan and directions for how you will get there. Studies show that people who plan will save more than those who do not. You do not need to have a lot of money to warrant a financial plan. Make financial planning tailored to your specific situation and needs. Everyone needs a saving and investing plan for retirement," says Carrie Schwab-Pomerantz.'