Listen: One K, Forty Years discussed on Total Information AM Sunday
"Retirement highway dot com so like you were talking to it it's it's about helping families transition from that work place from that accumulation phase into this thing called retirement where you've lived thirty or forty years with a regular paycheck. then all of a sudden you don't have a regular paycheck and how do you put this all together to make sure that you don't run out of money SO that's become our passion and we do this as a husband and wife team and I think that's really cool because guys tend to relate to guys and I think the women like having the ability to have some female advisors we have your your license that we have Megan that's licensed so it I think gives us a much rounder approach to how we're looking at are planning because when when we do our planning work for you we get the influence of both the husbands perspective and the wife's perspective on I think men typically have a very different investment philosophy if I look at you and me and our our relationship men are typically more aggressive we women are much more conservative we worry about things and I'm not sure that husbands and wives always communicate that to each other we we just sort of go along in life and we've got money coming in and we're we're going about we're raising our kids and we're doing our day to day thing but do we really talk and do we really planned for and think about what your philosophy can how do you feel about money what how do you want to invest often times it's the husband that is handling things and so the white the husband wife don't really communicate and it's not till they get closer to retirement that they suddenly realize wait a minute we don't even have the same investment philosophy or the same retirement dream exactly how many times have we seen husbands and wives come in and they have completely polar opposite ideas of what they thought retirement was going to be and half of the battle is the financial but half the battle is really designing an understanding what their personal dream is what is your personal dream for your retirement and you need to think of. about that before you give that pink slip because there's a whole behavioral psychological change that's happening you're you're leaving your workplace you're leaving all your friends at work all your regular lunch buddies and all the different things in the routines that you had and certainly that's all gone and it's a different picture but also making sure that the adviser that you're working with understands and here's both of your voices that that's being conveyed because often times maybe one of the spouses will meet with the adviser or they handle the money primarily which we see quite often and then when the wife comes in and and you ladies you know maybe this isn't your favorite thing to do but it's a very eye opening experience maybe for your spouse and for both of you but it's very very important that whoever you are working with understands how you feel about money what your what your thinking for your retirement and that they hear both of you and if you don't have that relationship with a financial adviser if you don't feel that they're listening to both the husband and wife that's time to reach out and pick up the phone give us a call at three one four three two eight forty four hundred again three one four three two eight forty four hundred let us be the one to help you come in and sit down with us let's have a vision meeting let's start talking about what your personal dream looks like and let's help you formulate your vision for retirement and then let us help you start to look at how do we prepare you how do we make sure that you we understand what your spending budget is going to be to support that dream how do you translate that into a plan to produce income so that you know you're gonna have the cash flows during your retirement and then create an investment plan to support your income plan because your investments need to do to. print things when you retire namely produce income as opposed to pure growth and then you need to start looking at tax efficient strategies knowing talks a little bit about that and we're gonna talk a little bit more thinking it up about the women's perspective in our next segment but then working in health care working in a state plan making sure you have legal documents durable power of attorney documents while that's one of the most important financial documents today because it used to be we had pensions and social security now we have four oh one K.'s in Irish they're all in individual names and spouses if your spouse has the money in there for one K. you need to have a durable power of attorney so that if god forbid they become incapacitated that you have access to those funds without the complications of probate and guardianship and and so forth we open up a lot of people's eyes on that one when they come into the office so again it if your ready to be ready if you're ready to come in and sit down and have a conversation the number is three one four three two eight forty four hundred three one four three two eight six thousand and when we come back after the break we're going to talk a little bit more specifically to the women."