Get Educated About Your Finances:
It Doesn’t Have to Be a Chore
Need Help With Your Retirement?
Many people believe that understanding finances means subscribing to the New York Times or aspiring to be like Warren Buffet. However, the truth is that very few people have the opportunity and circumstances to reach such heights. Have you ever read the book ‘Outliers’? It emphasizes that success often comes from unique opportunities and circumstances.
You don’t need to be a financial genius to start managing your finances better. Just start somewhere and talk to someone. Many people think they aren’t good at managing money, but even the wealthiest individuals hire the best attorneys instead of going to law school themselves. It’s all about getting the right kind of help and leveraging expertise.
Think about it like taking your car to a mechanic. In the U.S., taking your car to a dealership costs significantly more than a local shop. However, for high-value cars, you might prefer the dealership for their perceived reliability and expertise. This decision-making process is based on risk and uncertainty. Similarly, when seeking financial advice, find someone knowledgeable, humble, and willing to listen.
It's about finding someone that you can work with and have a conversation with and that will respect your wishes all the while not being afraid to provide sound and frank counsel to help you reach your goals.
Most often we have found that although it is not always the case, working with a friend or a family member when it comes to money adds, not lessens, the stress. Remember one of the biggest reasons we choose to employ a professional for help is to lessen the stress and solve pertinent issues.
Have you ever read the book ‘Outliers’?
You just need to start somewhere and just start talking to someone.
Get some help.
Many people think that they are not good at it. We are all not good at it. Why do you think the wealthiest individuals get the best attorneys? Instead of going to law schools themselves?
Because they know it's all about getting help and the right kind of help.
It's about leveraging.
This is another area where we might struggle.
We need to look for help based on the type of help we need.
To help us to put this into perspective we can think about when we take our car to the mechanic.
All of us know, as living in the U.S., if you were to take your car to the dealership they would charge you a significant amount more than if you were to take your car to a local shop.
But we also know that there might be some issues that we would only trust a dealership with. If we had a really expensive car, and if it was out of the warranty date, we might still consider taking it there because we know that it's a problem that you don't want to risk.
This behavior can be known as -
Risk and Uncertainty
Consumers also make decisions based on risk and uncertainty. In this case, the risk of something going wrong with the repair may drive someone with a high-value car to choose a dealership because of the perceived reliability and expertise. Conversely, the risk of a failed repair on a low-value car may be much lower (because the car’s value is already depreciated), allowing the consumer to save money by going to a local mechanic without much concern.
Similarly what you might need in terms of help with a retirement specialist might just go along the lines of working with someone that has knowledge, is humble enough to admit they know something and will get the answers and someone that will listen to you.
Found this helpful? Share this article with friends and family who might benefit from understanding their Social Security options.
Need Help?
Need some additional help with your calculations? Click here or answer this form to set an appointment with a pension expert who can answer your questions.
The information provided is for general purposes and does not constitute financial advice. Your data will only be used to respond to your inquiry.
The Value of a Tailored Approach
No two retirement plans are the same. Every factor—income, lifestyle preferences, savings habits—plays a unique role in shaping your ideal retirement. A personalized approach helps you pinpoint what you need and, more importantly, how to get there. That’s why we developed our Free Personalized Retirement Assessment Form—to simplify this journey and bring focus to what matters most.
Our Retirement Assessment Form offers a straightforward way to check in on your progress, evaluate key financial factors, and set a clear path forward. By answering a few focused questions about your finances, you’ll receive a snapshot of your current standing, highlighting steps you can take to strengthen your financial future.
FILL OUT ASSESSMENT FORMNUTS & BOLTS
How It Works
Using our tool is designed to be quick and insightful. Here’s what you can expect:
- Input Key Information: Provide details like your income, current expenses, retirement accounts, and general retirement age goal. This information helps us assess your current financial health and needs.
- Receive Your Personal Snapshot: With this input, we’ll generate an initial overview of your retirement readiness. This serves as a helpful guide, showing you where you stand and any adjustments that could help you reach your goals.
- Focus Your Strategy: Use these insights to shape your approach. Whether it’s saving more, recalculating your expenses, or rethinking your target retirement age, these personalized recommendations keep you informed and on track.
Why Start Now?
Retirement planning can feel overwhelming, but delaying it could lead to missed opportunities for growth and savings. Even a small shift in your strategy today can have significant impact years down the line. Assessing your financial standing now means you have the time and information needed to make intentional, strategic decisions that align with your goals.
Take the First Step
Planning for retirement is about more than finances; it’s about creating the future you want. Our Retirement Assessment Tool is here to help you take that first step with clarity and confidence. Complete our form to receive your personalized snapshot, giving you actionable insights to shape a fulfilling retirement.
Today is the perfect day to begin planning for tomorrow. Start your journey with us, and let’s build a future you’ll look forward to.
This Assessment Is For You If...
- You’re considering retiring within the next 5, 10, or 20 years and want to plan accordingly.
- You’re balancing retirement planning with other financial priorities, such as a mortgage, education expenses, or healthcare.
- You want to better understand the cost of living in retirement and how it may differ from your current expenses.
- You want to better understand the cost of living in retirement and how it may differ from your current expenses.
- You want personalized insights without committing to a full financial consultation just yet.
LATEST FROM THE BLOG
Level Up Your Financial Skills
Our helpful guides has everything you need to better understand your current financial situation and plan for the future.
Stay Updated!
Love staying informed? Subscribe to our blog and get notified whenever a new post is published! Stay ahead with tips, updates, and insights delivered straight to your inbox.
We value your privacy. Your email will only be used to send blog updates, and you can unsubscribe anytime.
The calculations and examples provided in our articles are for informational and illustrative purposes only. They are based on hypothetical scenarios and should not be considered as financial advice or a guarantee of specific outcomes. Actual benefits and pension amounts may vary depending on individual circumstances, official formulas, and regulatory changes.