Financial Planning


There’s nothing that bores most young adults more than talking about financial planning. It seems that, for the average 30-something person, planning is what ‘old folks’ do and indeed they seem to almost enjoy putting off this rather dull but vitally necessary task. Most put it off for years and years and, when they finally wake up to the realization that they don’t have enough savings, many times it’s too late to catch up.

And we’re not just talking about retirement here either. The average person is going to get married, have 2 or 3 children, buy a home and fill it with all sorts of stuff. When all of that starts happening the money you make will probably pay for most of it but what would happen if that money suddenly stopped coming in?

What if, for example, you had a beautiful wife and 2 great kids and a wonderful home and you suddenly were laid off because of an accident or Illness? What if, even worse, you were in an accident or had a heart attack and passed away? What would your family do if you didn’t have any savings, or insurance, or pension plan to support them?

What if none of that happens (and goodness we sure hope it doesn’t) but your 2 (or 3, or 4, or more) kids start reaching college age and want to further their education? Where will that money come from if you don’t have it in savings? (And hoping that your son or daughter will be an amazing athlete and get a full scholarship doesn’t count because, well, it’s stupid.)

What if, when you hit 55 to 60 years old, you want to get out of the rat race but don’t have the money to support yourself for the next 25 to 30 years (or longer)? Chances are you’d need to keep working long past the time when you really should.

The main question to ask yourself, and the reason to ask when you’re young, is simply this; are you financially prepared to live a long life? It’s an important question, to be sure, and one that we think you should be asking when you’re young, strong and as far from needing that money as possible.

Call me today for a complete analysis and we can work together to realizing your goals…