How often do you worry about money and your future retirement? How much stress do your finances add to your life? Americans’ fears regarding their lifestyle, medical bills, and retirement continue to increase each year. More than 50% of Americans worry about not being able to maintain the standard of living they enjoy, and 64% are worried about not having enough money for retirement.
Why the steady increase in anxiety and stress? There’s a strong chance that much of it is because nearly half of Americans don’t know where to turn for financial advice and support, and 62% don’t work with a financial advisor of any kind.
Don’t Be a Statistic
The good news is that you don’t have to win the lottery to change how you feel about your finances and how you enjoy life. Studies show that people who work with an advisor are more likely to feel less stressed, have increased confidence in their savings, be more knowledgeable about their retirement opportunities, as well as more conscious of their spending habits.
But perhaps one of the best things about working with an advisor is that there’s never a wrong time to start. Just as it’s never too late to start saving for retirement, it’s never too late to strategize for your future and make the financial changes necessary to reach your goals.
When Can an Advisor Help?
Even if you feel confident in your finances and future retirement, you may not realize you’re making common mistakes or missing out on investment opportunities that could significantly increase your savings.
If you’ve experienced one of the following events in the last year, an advisor can help:
- You had a baby
- You changed jobs
- You lost a job
- Your salary changed
- You started a business
- You bought a house
- You got married
- You got divorced
- Your child graduated high school
- You or a loved one experienced a severe disability or illness
- Your spouse passed away
Additionally, an advisor can help if you’ve faced one of these questions in the last year:
- Is my spending in line with my income?
- Can I afford a second home?
- Should I save for retirement or my child’s college tuition?
- How much do I need to retire?
- Is life insurance appropriate for my situation?
- How much should I contribute to my 401(k)?
- How should I invest my savings?
- Am I saving enough?
- When can I retire?
- What will my Social Security benefits look like?
- Will Medicare provide enough coverage for my needs?
- How can I help my kids make wise financial decisions?
- How do I gracefully exit my business?
Finding the Right Advisor For You
So why do a majority of people go it alone on their financial journey? For many, it can be intimidating to share the personal details of your finances with a stranger, especially if you feel you’ve waited too long to seek financial advice.
I’m here to tell you that getting started late is better than not starting at all. When you come to me for help, I will always be judgment-free. I aim to make the process as pain-free as possible, taking time for us to get to know each other personally before looking at a single account statement.
How pain-free can it be? Let me show you. If you or someone you know has yet to meet with an advisor about their retirement, shoot me an email or give me a call for your free RichLife Retirement newsletter that will help you create the most successful retirement strategy possible and reach all your financial goals! I look forward to hearing from you. Make an appointment now by calling my office at 770.249.7424 or emailing me at firstname.lastname@example.org.