Most people in Greenville, SC, have some level of retirement savings. Unfortunately, many individuals are failing to maximize their retirement investment and savings options, which may mean having to work longer until you have the nest egg needed to sit back and enjoy life.
Working with Matt Dixon, a Registered Financial Consultant in Greenville, SC, is the ideal way to ensure you are maximizing your savings and investment options. Hiring a financial advisor and consultant at any point in your working career is a wise decision and takes the guesswork out of planning for your future.
There are two key areas Matt Dixon finds that are often overlooked by working individuals. Taking the time to set up a plan and reviewing the plan on a regular basis ensures the funds needed for a comfortable retirement are in place when you want to leave the workforce.
Wise Investments
Investments that were practical and offered higher risk and reward benefits when you are younger are not recommended as you get closer to retirement – unless you have additional savings or income to offset any potential loss.
Transferring high-risk investments to moderate or low risk provides slightly less income but greater stability, a key factor when planning for retirement.
Considering Inflation
Another common oversight seen by financial professionals is calculating the cost of inflation. This can be challenging to do on your own. Working with financial planning professionals allows you to access insight into how this annual increase in prices can deplete a retirement plan if managing these costs are not included.
It is never too early to schedule a review of your retirement plans with Matt Dixon. Working in Greenville, SC, he offers confidential, personalizes retirement planning services.
