The truth is that no matter what you do for a living or how much or how little money you might make, investing for the future is critical. Relying on a traditional defined benefit pension plan isn’t always enough to ensure you are safe in the future, it is up to YOU to ensure for that you have your own future secured! Learning to save and invest for the future is very important, (but don’t fear we’re here to help!) this process should start as soon as you start earning your own money.
Benjamin Franklin was once said that “an investment in knowledge always pays the best interest.” Planning for a secure and comfortable retirement takes a certain amount of investing know-how so it is advised to speak to a financial advisor to understand what needs to be done, what you want to be done and what you are able to do!
There is a myth that financial advisors are out to get your money, but when it comes to investing in your future would you rather not choose someone that is an expert in this field? If you were in accident and required surgery you are unlikely to undergo surgery on yourself, you will speak to a doctor or surgeon. So why when it comes to your money and ensuring that you are covered for the rest of your life would you not seek expert advice? Speak to one of our financial advisors today, or any accredited financial advisor, to get a better understanding of what you need to ensure that you have the future that you have always dreamed of. Be sure to cover the following points when approaching a financial advisor:
- Know how much income you will need to support your chosen retirement lifestyle
- Identify which sources of income you will have in retirement
- Be sure to go over every contribution you are making with your advisor to ensure that you get the best for yourself and your family
It is important that you also review your investment plan, at least annually, to ensure you have the right investment solutions and diversification to help you stay on track to meet your desired retirement time and goals. Don’t wait. The sooner you start investing, the more you will have at the end. Start today and invest in your future!