Financial Resources, LLC.
we take a different approach to your money...
If conventional wisdom is working...
Why are pension plans being cut back or disappearing?
Why are over 90% of Americans not on target to retire the way they expect to?
Why are so many people putting off retirement?
Why are so many retirees going back to work?
Why have 60% of Americans saved little or nothing for retirement?
Why do 70% of us have no real plan for retirement?
Why are many seniors cutting back on basic services and even medications?
If you find yourself thinking that you are going to be fine during retirement because you are doing the same things financially everyone else is doing, you may need to rethink your position.
If everyone was right, everyone would be rich!
We focus our efforts on how to have the greatest amount of spendable dollars to enjoy during your lifetime and in your retirement. We spend a great deal of our time and effort searching for and reducing or eliminating wealth transfers.
They are dollars we all pay out unknowingly and unnecessarily that, once gone, can never be recovered... such as taxes, interest on non-deductible debt, the way we pay for our homes, the way we contribute to our pensions, how we set up our 401(k) accounts, the way we finance our cars, to name just a few.
What are wealth transfers?
Unfortunately, this is only part of the bad news.
Once the transferred money leaves our hands, we also lose all of the dollars that the transferred dollars would have earned for us over our lifetime if they had not been lost in the first place! How much could this be you say... probably not enough to bother with. Most people are surprised to learn that they lose more money in the way they finance the cars they drive to work than they are able to save in their retirement accounts!
Would that be enough to bother you with?
We can't solve problems by using the same kind of thinking we used when we created them.
Many of our clients are surprised to learn that much of the thinking behind conventional retirement plans is flawed and may not be the most efficient way to prepare them for the future.
Most traditional financial advisors spend the bulk of their time trying to get you the highest return on your invested dollars in an effort to build your nest egg as large as possible. You may have had a visit with your financial advisor in the past that eventually went something like this; "How much money do you have? Where is it? Oh... if you move it to me I can do much better than that!"
While this is certainly one way to go about your planning, most traditional planners unfortunately ignore many of the ways that wealth can be lost or transferred away.
While getting a good return is important, it may not be the best plan for most. Having a higher account balance at retirement is not always the same as having the most spendable dollars if a great deal of taxes need to be paid as you use "your" money. If we are not careful or informed, huge amounts of wealth can be lost.
Let us show you how to get control of your money again and put tens of thousands, if not hundreds of thousands of dollars back in your pocket that is now slipping away.
building legacies together
Financial Resources, LLC.
Investment Advisory Services offered through Brookstone Capital Management LLC, an SEC Registered Investment Advisor
