Archived Retirement Planning Tips:
November, 2004
As our population continues to age, more Americans are wrestling with retirement decisions that will be critical to their financial security. Many studies have been done to identify the critical concerns that we all need to address for financial security in retirement. Below are the top five concerns:
Interestingly enough, the real goal for all of us is making sure that we do not outlive our retirement resources. The rest of these concerns can either be a negative or a positive influence in achieving this goal.
Before the market drop a few years ago, many pre-retirees and retirees were counting on an unrealistic long-term expectation of investment portfolio returns to assure their retirement security. This type of thinking has dramatically changed with the drop in value of most people's retirement nest egg. The question that remains in most people's minds is,
"Is there a better way to provide financial security in retirement?"
We at Strategic Financial Group, LLC believe that it is possible to improve the level of financial security in retirement by applying multiple tools and techniques that combine the brainpower of financial advisors, CPA's, and other retirement planning specialists. This comprehensive approach has proven successful over the years with our clients. Our clients have learned to break out of the "Retirement Paradigm," and have made critical adjustments to their overall retirement planning to improve the level of financial security.
The Retirement Planning Tip of the Month is designed to provide information that, hopefully, will give you items to focus on in retirement planning so that you can improve your level of financial security.