The financial world is ever changing, in terms of investment products, government regulations, and individual goals/expectations. Much has been written over the past few years regarding fiduciary responsibility as well as appropriate investment expenses and returns. Personally I believe it all starts with your financial plan. If you haven’t prepared a plan, you don’t have any idea of the investment needed to reach your goals, the investment returns needed, and what level or risk gives you comfort. A financial/retirement plan, while no guarantee of success, provides a roadmap to your future and a benchmark to assess your investment account performance. Are you on-track to reach your goals? Should any adjustments be considered due to investment returns and changes in goals? What about family changes, how do they affect your plans? Most Americans today are racing toward retirement by the seat of their pants with no knowledge of how far off they may be. Studies have shown 1/3 of Americans have no retirement savings and more than half will retire broke1,2.


I find many people just don’t know where to start, believe the process is too difficult, or just don’t know what to plan for. Not sure what planning can accomplish for you? Check out this quick video from MoneyGuide Pro on the benefits of planning:
https://go.moneyguidepro.com/benefits-of-planning
If that interests you and you’d like more information, give me a call. I’m here to help. -Chuck
1 https://time.com/money/4258451/retirement-savings-survey/
2 https://www.nasdaq.com/article/more-than-half-of-americans-will-retire-broke-cm763303
Charles D. Vercellone, ChFC Wealth Strategies Group, LLC 200 E Big Beaver, Troy MI 48083 248-680-4622 chuck@wsgllc.net www.wsgllc.net