[[ This is a sponsored post ]]
Can you imagine a day when you are no longer working and when you’re going to be relying on earnings from savings and investments rather than a paycheck? When you’re in your 20’s that seems a just about impossible concept, but when you get into your 50’s and 60’s, the Big R is starting to stare you in the face. Heck, not working is starting to sound pretty nice.
But do you have enough money? Have you made savvy investments? Are you going to be able to afford not working and just taking it easy?
That’s where a CFP® professional comes into the picture. A CFP® professional is a CERTIFIED FINANCIAL PLANNER™ and they get quite a bit of training to be able to help you understand your own financial world. Sure, Uncle Mort might be good with numbers and that new friend of Aunt Edna might have a background in investing, but do you really want to rely on them, on their guesswork to make sure you can pay for a doctor’s visit and a trip to visit the kids at Christmas ten years down the road?
Thing of it is, whether you’re in your 20s or 60s, it’s always a good time for a check-in with a CFP® professional. Particularly when you’re young, actually. Things like life insurance can be a crazy good deal for someone who is just starting their career and in excellent health, a savings that will carry along with you throughout your life. I know this personally; I set up my universal life policy decades ago and considering how little I have contributed each year since, it’s really accrued quite a bit of value along the way.
Turns out that CERTIFIED FINANCIAL PLANNERS™ are required to have over 4,000 hours of financial planning experience, including passing a comprehensive CFP® Certification Exam (average pass rate is 55-60% so it’s a lot more than balancing your checkbook!) and are trained in 72 different financial topic areas, from investment planning to estate planning. That’s quite a bit better than Uncle Mort, isn’t it?
If you are starting to toy with the idea of retirement, regardless of your age,it’s a smart idea to find a local CERTIFIED FINANCIAL PLANNER™ professional to help you get it right. After all, it’s darn hard to go back in time and make different investment and planning choices once you realize that Aunt Edna was just plain wrong about that unclaimed money from that charming Nigerian prince as the ideal retirement investment!
Find a CFP® professional near you at http://www.CFPLetsMakeAPlan
Disclosure: This post is sponsored by the Certified Financial Planner Board of Standards. But you really do need to think about your retirement!