Why Retirement Planning is Like Mapquest

When you go onto Google or Mapquest to get directions it typically asks you two things:

1) Starting location
2) Ending destination

Often in the financial industry prospective clients sit down with an advisor who quickly begins proposing “roads to take” without fully nailing down and understanding their starting point and ending destination. These “roads to take” typically come in the form of investment recommendations.

Creating a strategic retirement game plan takes time if you want to do it right.

That’s why our first meeting is all about nailing down these two things.
The goal of the first meeting is to get to know you, who you are, what’s important to you, what’s not important to you and what your goals, concerns and dreams are.
We also want to take a look at what your money is currently invested in, and what you want your money to do for you down the road.
Do you want it to produce income, grow or simply keep up with inflation?
What sort of risk, liquidity and cost do you feel comfortable with?
Only after we’ve nailed down both of these can we propose possible “routes to your destination” that might make sense.

How do you know what roads to take without knowing where you’re going or where you are?

The answer is simple, you don’t.

*Guarantees provided by insurance products are backed by the claims paying ability of the issuing carrier.

The 10 Things to Know About Planning Your Retirement Income Report is provided for informational purposes only. It is not intended to provide tax or legal advice. By requesting this report you may be provided with information regarding the purchase of insurance and investment products in the future.

One or more of the following persons of NWFTS; Jeff Dixson, David Topper, Dustin Martin and Jason Lambert, are licensed to discuss and offer securities or advisory services through Madison Avenue Securities, LLC (MAS) to residents of the following states: AR, AZ, CA, CO, FL, GA, HI, MT, NM, NV, OH, OR, SD,IA,ID,IL,IN,MN,TN,TX,UT and WA. Jeff Dixson, Dustin Martin, David Topper and Jason Lambert offer securities and advisory services through (MAS), a registered broker/dealer and a registered investment advisor, member FINRA/SIPC. MAS and Northwest Financial and Tax Solutions are not affiliated entities. Insurance company guarantees are based on the claims paying ability of the issuing insurance company.