What I Wish Every Prospect Had Considered Before Asking “Can I Retire?”

Andy Rice News Leave a Comment

As an experienced wealth manager and retirement planning advisor, I find it very challenging when a prospective client somehow thinks I can answer their “Can I retire?” question in an initial one- or two-hour meeting. I’m sure most fiduciary advisors have been asked the same question, which, as you know, entails a far deeper discussion, mostly driven by actions taken long before we ever meet the client. This important question — which is never easy to answer — entails lots of analysis, projections, assumptions, psychological questioning related to risk tolerance/investing and often turns into a history lesson on the family as well. Sometimes it’s a heart-wrenching answer to deliver. Let’s review some important questions most investors don’t consider when it comes to thinking about their retirement that fiduciary advisors wish they would. http://www.thinkadvisor.com/2013/09/30/what-i-wish-every-prospect-had-considered-before-a

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