Pre-Retirement vs. Post-Retirement Planning / Overview

One of the greatest things that we do for people when we get together with them is we help them think about their money. Unfortunately, people do not think about their money. They really don't. If they did think about their money, would they really owe $2,000 to MasterCard paying interest rates of 18% when so many of them have $2,000 tucked away at the bank yielding only 2% interest?

If they thought about their money, they would get that $2,000 at the bank, pay off that $2,000 of credit card debt, and immediately be 18% richer. But, they don't do that because they don't think about their money.

When we were all growing up, our parents told us never to put all of our eggs in one basket. But, in spite of that, too many of our clients still put too much of their money in one given product or concept. Therefore, one of our responsibilities is to help seniors think about their money before they retire and during retirement.