Cortburg Speaks Retirement

Working with a Financial Professional Is Not Scary

• Miguel Gonzalez, MBA, AIF®, CPFA®, CRC® • Season 2023 • Episode 159

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In this video, Miguel Gonzalez shares a few reasons why working with a financial professional is not as scary as you may think. 

Cortburg Speaks Retirement - episode #159: 4 Reasons Working with a Financial Professional Is Not as Scary as You Think / Investment in Stock Market, Financial Planning, Retirement Planning, Money Management

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Welcome to Cortburg Speaks Retirement Podcast
with Miguel Gonzalez, MBA, AIF®, CPFA®, CRC®

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INTRODUCTION

Welcome to Cortburg Speaks Retirement

An audio podcast about investing in the stock market, financial planning, money management and retirement planning.  Each Wednesday, we help investors at all stages of life learn how to potentially grow and preserve their money from first job through retirement.

Now here is your host, Miguel Gonzalez.

 

HOST

Good morning and welcome to the CORTBURG SPEAKS RETIREMENT audio podcast.   

On this week’s audio podcast, I talk about why working with a financial professional is not as scary as you may think.

For some people, the thought of using financial services is a scary experience. It involves planning for a future where you may not know how the economy may be, how your health may be, or what your financial needs might be. One of the reasons that many people find planning out their finances intimidating is the number of myths surrounding the process. Still a little apprehensive about starting on your financial journey? Here are a few reasons why working with a financial professional may be less frightening than you think.

1. It May Not Cost as Much as You Think

Many people believe that financial services are expensive and only for the wealthy. Instead, financial services are helpful for almost everyone and may not cost as much as you think. Many financial professionals are available who may assist with your planning. This may make finding an affordable financial professional easier.1

2. Financial Services Are More Than Your Investment Portfolio

When some people think of financial services, they may think it is maintaining an investment portfolio, but a lot more goes into it than most people think. Financial services considers your financial situation, such as current debt, income, and savings, and compares these with your future goals. By looking at your complete financial situation, your financial professional could devise a plan that allows you to work toward your future financial goals based on where you currently are and where you would like to be.1

3. You May Be Further Along Financially Than You Think

Some people are afraid of working with a financial professional because they are fearful the analysis may show they won't have enough financial resources to get by in the future. The good news for some is that you may need less than you expect when you are older. If you have children, they may need less support when grown up and on their own. You may also have your home and other debt paid off and may spend less in your later years. You may feel some relief when creating a financial plan if you realize you may be in a better position than you think.2

4. You Are Able To Change Your Financial Strategy

If you are anxious about making a plan for your finances because you fear you won't be able to change it down the road, you have nothing to worry about. Financial strategies are fluid and often change. You adjust throughout your life based on your current financial situation and changes in your family and lifestyle. Your financial professional could help you stay on top of these changes and help you make needed adjustments to keep in line with your future goals.1

The thing to do is push fear aside and contact a financial professional who has the tools, experience, and training to help with your planning.

Make sure to visit our website, www.CortburgRetirement.com. Our site is filled with educational videos, eBooks, publications, and financial calculators designed to help you learn more about your finances.  As you search our site, send us a note regarding any questions you may have about any particular investment concepts or products. We will get back to you quickly with a thoughtful answer.

This is Miguel Gonzalez, Certified Retirement Counselor (CRC) and Managing Partner, with Cortburg Retirement Advisors signing off for this week’s educational podcast.  

 

DISCLOSURES  

Opinions expressed are subject to change without notice and are not intended as investment advice or a solicitation for the purchase or sale of any security. Please consult your financial professional before making any investment decision. 

All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.

This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor.

CRC conferred by The International Foundation for Retirement Education.

Securities offered through LPL Financial. Member FINRA/SIPC. Investment advice offered through Private Advisor Group, LLC, a registered investment advisor.  

Private Advisor Group, LLC and Cortburg Retirement Advisors, Inc. are separate entities from LPL Financial.

Investing involves risk including possible loss of principal.

  • The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. 
  • All information is believed to be from reliable sources; however, LPL Financial makes no representation as to its completeness or accuracy.
  • Footnotes

o   1Think financial planning isn’t for you? It's not as hard, scary as you think.
 https://www.usatoday.com/story/money/personalfinance/2018/07/30/financial-planning-myths-costs-tips/808208002/

o   215 Reasons Why Retirement’s Not as Scary as You Think
 https://www.yahoo.com/now/15-reasons-why-retirement-not-090000902.html

 

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Miguel Gonzalez, MBA, AIF®, CPFA®, PPC®, CRC®

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