Plans Are Worthless: Why “Planning Is Everything” in Building Wealth
- Daniel Caycedo, EA, ChFC®, MS
- Sep 15
- 3 min read
Have you heard the saying, “Plans are worthless, but planning is everything”?... Dwight D. Eisenhower spoke those words decades ago, and they’ve stood the test of time.
In many ways, they perfectly describe what financial planning should look like in practice.
At CayDen Wealth Management, this philosophy is at the heart of how we help our clients build wealth and achieve financial independence.
The Problem with Traditional Planning
Most legacy financial institutions and firms still approach planning as a one-time event. They’ll run a financial or retirement plan, print out a long report, and deliver it to the client as if it’s a roadmap to success.
The issue? That plan is often outdated the very next day. Life changes, markets move, opportunities come and go and that glossy binder on the shelf doesn’t adapt with you.
That’s why we reject the idea of “set it and forget it” planning.
Introducing the CayDen Financial Action Plan
Instead, our clients receive their customized, CayDen Financial Action Plan; a living, breathing plan that evolves with them. Creating an iterative and re-iterative planning process that matches life's dynamics.
It’s not just about documenting numbers and projections. It’s about building a dynamic framework that’s:
Updated as life changes and goals are achieved
Custom-tailored to each client’s unique financial situation and aspirations
Structured with automations that create consistency in saving, investing, and wealth building
Designed for action, not for collecting dust
We call it an action plan for a reason: it creates consistent progress not just a snapshot.
The Power of Iterative Planning
Wealth isn’t built by a single plan. It’s built by continuous planning and execution. That’s why our approach is iterative and reiterative.
Every new season of life brings fresh opportunities and challenges; career growth, business ventures, family changes, new financial goals. Our role is to help clients align their resources and strategies with those changes, ensuring that their Financial Action Plan always reflects reality.
This process requires true partnership between our clients and us as their trusted advisors. And that partnership is what drives long-term financial success.
Planning Is Everything
As Dwight D. Eisenhower pointedly said, “Planning is everything.” Here at CayDen Wealth Management, we couldn’t agree more.
We believe that continuous, adaptive planning; not a static plan, is the cornerstone of building wealth, reaching financial goals, and ultimately creating your own version of financial freedom.
Take the Next Step
👉 Schedule your free financial review and intro meeting today. ------------------------
Daniel Caycedo is the Investment & Tax Strategist, as well as a Wealth Management Advisor for CayDen Wealth Management, a Colorado registered investment advisory firm with offices located in Broomfield, Colorado and Charlotte, North Carolina. Daniel works out of CayDen Wealth Management's Charlotte office, providing virtual, fiduciary, comprehensive wealth management and tax services for high performing professionals and their families. Services include proactive Financial Planning, Investment Management, & Tax Services.
Shane Dennehy is a CERTIFIED FINANCIAL PLANNER™ professional, as well as the President and Sr. Wealth Management Advisor at CayDen Wealth Management, a Colorado registered investment advisory firm with offices located in Broomfield, Colorado and Charlotte, North Carolina. Shane works out of CayDen Wealth Management's Broomfield office, providing virtual, fiduciary, comprehensive wealth management and tax services for high performing professionals and their families. Services include proactive Financial Planning, Investment Management, & Tax Services.
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