Comments on: The Right Retirement Planning Consultant-Financial Advisor or Therapist?

By: North Carolina Financial Advisors

North Carolina Financial Advisors — Mon, 26 Oct 2009 23:14:34 +0000

Very good points. It is extremely important to take a proactive role in the financial planning process. Going to a meeting well prepared will help you get more out of your visit and will help your financial planner do a better job helping you.

By: Best etf funds list

Best etf funds list — Tue, 26 May 2009 09:21:41 +0000

Thier are alot of things people have to consider for retirement planing. I agree if you know you will like to live in state with less taxes then you could retire sooner but people shouldaim for more than 75% of income since everything goes up not down. Best etf funds lists last blog post..Bond etf.

By: roth ira account

roth ira account — Sun, 26 Apr 2009 19:51:03 +0000

Thanks again. These are some very important questions to ask when deciding what moves to make. roth ira accounts last blog post..Roth IRA Account- What Can a Roth IRA do for You?

By: Index Annuity | Annuities

Index Annuity | Annuities — Thu, 23 Oct 2008 17:26:12 +0000

[...] in the long-term. So, do your study before you make the choice. Get help from an experienced retirement advisor who can help you compare several [...]

By: The Mathematics of Selling Equity Index Annuities | The Annuity Lead

The Mathematics of Selling Equity Index Annuities | The Annuity Lead — Thu, 23 Oct 2008 16:36:04 +0000

[...] Let me illustrate (refer to table below). The compounded return of an equity index annuity over 33 years with a 12% cap is 6.98% (this assumes a 100% participation–a hypothetical feature that is far more generous than anything offered on the market). The return of the S&P 500 over the same period is 10.98%. Therefore, it seems safe to conclude that an investor choosing an equity indexed annuity will earn 63% (6.98/10.98) of the market return and get principal protection. One could assume that an accurate statement to a client is that they will have 1/3 less by investing in the EIA as opposed to investing in the market. But that ignores compounding. Because if we start with $10,000 in year 1 in the equity indexed annuity and $10,000 in the market, we end up 33 years later with $311,407 in our market account 92,592 in our equity indexed annuity. We have 70% less in the equity indexed annuity because of compounding. That’s not to say there is anything wrong with equity indexed annuities other than wholesalers and agents should understand the math of what they sell so that they make accurate statements to prospect and clients. In 2008, you cannot be a salesman. You are forced to be an informed retirement advisor. [...]

By: Fixed Immediate Annuities Can Offer Flexibility for Your Future | Annuities

Fixed Immediate Annuities Can Offer Flexibility for Your Future | Annuities — Wed, 22 Oct 2008 17:03:11 +0000

[...] so varied and there are so many different options provided, it’s essential to speak with a retirement advisor to see a range of producst and solutions available. Listen to this post Bookmark [...]

By: Annuity Rate | Annuities

Annuity Rate | Annuities — Wed, 22 Oct 2008 16:56:30 +0000

[...] rates one can expect a return of 4.5% on an investment of $100, 000 but check rates with your retirement advisor as many companies pay [...]

By: mel marten

mel marten — Thu, 25 Sep 2008 02:44:25 +0000

Very good point, in fact, many financial planning / wealth management teams are bringing on certified therapists and life coaches to help guide clients to what their true life goals are, and then from there, to what the resulting financial goals should be.

However, any financial advisor should start with questions regarding your goals. Some individuals might need more help, if so, look for an investment advisor that suits your needs. You can go to http://www.claroconnect.com to look for an advisor that specifically suits your needs, whether you are transitioning into retirement, changing careers, getting divorced, or whatever.

By: BlueCollarDollar.com

BlueCollarDollar.com — Fri, 19 Sep 2008 19:24:32 +0000

The cozier the relationship, the more costly. I still don’t buy into the concept unless you salary is well above $150,000 single, $250,000 combined.
Most planners/adviser/consultants have products they would like to recommend because you simply didn’t do a very good job of searching out a good deal on your own or, you never did a thing. The better they know you, the better they can tailor their pitch to fit your wallet.
If you spent as much time during that initial visit doing your homework, you will probably find out that you have a middle of the road insurance policy, a decent mortgage and more debt than you would like to have. These planners/advisers/consultants will revamp that strategy and refit you with something much more fee friendly. When all you have to do is what they are going to tell you to do: budget with discipline.
If you are smart enough to earn a lot, you are also smart enough to keep it close.

By: BlueCollarDollar.com

BlueCollarDollar.com — Fri, 19 Sep 2008 19:22:50 +0000

The cozy the relationship, the more costly. I still don’t buy into the concept unless you salary is well above $150,000 single, $250,000 combined.

Most planners/adviser/consultants have products they would like to recommend because you simply didn’t do a very good job of searching out a good deal on your own or, you never did a thing. The better they know you, the better they can tailor their pitch to fit your wallet.

If you spent as much time during that initial visit doing your homework, you will probably find out that you have a middle of the road insurance policy, a decent mortgage and more debt than you would like to have. These planners/advisers/consultants will revamp that strategy and refit you with something much more fee friendly. When all you have to do is what they are going to tell you to do: budget with discipline.

If you are smart enough to earn a lot, you are also smart enough to keep it close.