Did you know that one in five people have zero money saved by the time they reach retirement age? While we’re busy living our lives in the moment, it can be easy for us to forget about the future. The fact is that many Americans retire with plenty of life left to live, and the freedom of retirement can give you time to do things you never before considered. But it can be a lot harder to do what you really want when you don’t have to funds to accomplish your goals. That’s why many people turn to financial advisors — sooner rather than later. The sooner you begin working on your future, the better it will be. And a big part of that future is financial planning and growth.
Retirement Planning: Why It’s Important Now
When you begin your career in earnest, you may believe that financial advisors are something you’ll never need. It’s true that hiring financial advisors costs money, and spending money on keeping your money secure may seem counter-intuitive — when you’re young. Financial planners aren’t looking to advise you on how to make money over the course of your career. They’re here to help you learn how to invest your money wisely and ensure that it will be around for years to come. Wise financial investments will in fact grow your funds; but it’s difficult to know how to invest, especially when you’re first starting out. Overall, it’s estimated that 41% of 18 to 29 year olds don’t think about retirement. But when you neglect to think about the future, retirement is a lot further off than you’d like it to be. If you prioritize things like investments, growing your wealth, and securing the right amount of retirement funds, you’ll be able to retire sooner. And the sooner you retire, the sooner you’ll be able to enjoy life with total freedom.
Financial Advisors: How They Can Help You
So: what does a financial advisor bring to the table? A financial advisor can advise you in nearly every aspect of taking care of your money. With about 10,000 baby boomers retiring each day, that’s a lot of people who are presumably finished with working regularly. Retirement means that you need to have a large amount of money tucked away, and beginning that process well ahead of time simplifies the process. A financial advisors can help you figure out what you have access to in terms of your career. After all, not every career entitles you to the same retirement funds or rights. Nor can you expect your employer to hold your hand in this respect. A financial advisors covers your back and ensures that once retired, you’ll have as little to worry about as possible.
A financial advisor bridges the gap between the retirement you’re dreaming of, and the one you can have. An investment in financial planning is an investment in your future.