The Successful Handling Of A New Age Financial Balancing Act

financial balance

I’m seeing a growing trend among some of my clients.

Many clients are coming to Red Feather Financial who married and had children in their early 40’s instead of their 20’s and early 30’s. These couples are faced with quite a challenging financial balancing act.

At a time when those who marry young have already put their kids through college and are able to turn their attention in their 40’s to saving for retirement, these older families are faced with a triple burden. First, they are faced with paying for private schools for their young children then saving for college. Secondly, since they are much closer to retirement age, they must also start saving for their financial security. And, thirdly, they are also concerned with how to provide long-term care for their own aging parents.

In this kind of situation, sitting down with a reputable financial advisor could be your saving grace. The truth is that all three items are equally important. You don’t want to skimp or minimize any area.

It’s important to find someone who is experienced in helping to prioritize and strategize a workable plan based on your specific circumstances and needs. You also want to make sure you work with someone who has your best interests in mind and not their own.

Like every other goal you want to achieve in life, your financial goals are no different.

If you fail to plan, then you are planning to fail. No matter where you are in your life, you can always benefit from having a review of your financial goals and how you expect to achieve them. Give us a call today and we’ll be happy to help you achieve balance no matter how tricky your circumstances appear to be.

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Investment Advice offered through William Joseph Capital Management, LLC, a registered investment advisory firm headquartered in the State of CT and registered in CT, NC, GA, TX, and FL. Additional services offered through non-affiliated companies. | Lower fees for comparable services may be available from other sources. | PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE PERFORMANCE OR RESULTS | NOT FDIC INSURED | MAY LOSE VALUE | NO BANK GUARANTEE |NOT A SOLICITATION TO BUY OR SELL ANY SPECIFIC INVESTMENT, STRATEGY, OR SECURITIES.