Chris Worby a Trusted Regina Financial Advisor knows planning!
I often have meetings with people who are chagrined at their lack of investment knowledge and often feel like they are behind the ball when it comes to retirement planning. Here are 3 easy steps that can help you get on track:
1) Start with the end in mind
2) Plan for unexpected
3) Seek Help!
Most of the time, people get confused either because they don’t know the first step or they can’t take the first step because they are worried about taking the wrong step. A good plan can answer the bulk of these questions before they get started. Think of it this way; if your goal is to get downtown, it is probably pretty obvious whether you should turn right or left at the end of your street.
One of the biggest hurdles I see people trying to work through is when they get waylaid by loss of a job, unforeseen car or home expenses or sickness/injury. This must be planned for. I can tell you from experience, I don’t know what is going to happen, but something will – be ready!
And as for seeking help, this report on the Investment Funds Institute of Canada website has some compelling information regarding the value of financial advice and an investor’s actual performance in their investments. But, more importantly, the advice we provide in our industry answers the questions; how do I start? Where do I start? How do I plan for the unforeseen? A really great advisor can guide you through the process from start to finish and help keep you on the path to your goal.
This is what we specialize in at Worby Wealth Management and if you are in need of help in this area, please give us a call.
January 20, 2015
Chris Worby is a Trusted Regina-based financial advisor and Wealth Management services provider servicing local Regina households and businesses since 2001.