What Can a Financial Planner Tell Me About My Retirement That I Already Don’t Know?

I’ve been a Registered

Financial Consultant and

a Registered Mortgage

Advisor since 2006 and

in the mortgage business

for over 40 years and I

still use the services of my

CERTIFIED FINANCIAL

PLANNER (CFP) every

year because his expertise

on tax issues, investment

options and retirement

fund management are

invaluable in keeping me

on track and aware of

current changes to almost

everything financial!

The simple answer to the

above question is he can

tell me Exactly when I

will run out of money!

Will I outlive my money

OR will my money outlive

me? That is the question!

And what to do about it,

either way, is the answer!

Planning for retirement

is one of those things

that most people start

but don’t finish. There

are many good books on

the subject and most will

give you some direction

and a possible blueprint

to follow; a good place

to start, especially if you

are young enough to

contribute to your new

plan. If you have already

retired and are feeling

comfortable about your

monthly spending, cash

flow and cash reserves,

congratulations! I would

say “You have arrived! “.

You may want to give a

copy of “Rich Dad, Poor

Dad” by Robert Kiyosaki

to your children and just

enjoy your golden years

in peace. You made it!

But for all the rest of us

there still may be work

to be done and adjustments

to be made. Home

ownership has been the

traditional “Nest Egg”

and it has never been

more important to any

generation than the Baby

Boomers, to use that

wealth wisely to make

their retirement plan

work. We’ve had to go

through so many boomand-bust

economic cycles

and changes in pension

plans, 401 contributions,

stock options, most of

which have simply disappeared

or limped along

with management plans

that don’t hardly keep up

with inflation. Around the

world, many countries

besides the U.S.A. have

reverse mortgage type

financial plans that are

designed to assist their

aging population “Age in

place” including Australia,

Canada, Hong Kong,

New Zealand, the U.K.,

South Korea, China and

India. Reaching out to a

professional who has been

educated, trained, tested

and earned the designation

of Certified Financial

Planner (CFP) is a smart

way to ensure for the

best retirement success

possible.

Donald Dimitruk is a

Registered Financial Consultant

® and a Registered

Mortgage Advisor and

is available for a FREE

consultation about how

a Reverse Mortgage may

benefit you at Countryside

call 831-464-6464