Every single aspect of our work revolves around frequent, relevant, and detailed financial education to our clients. Without this education, it is impossible for anyone to genuinely understand their retirement outlook.
The traditional education that we receive when we are growing up fails to offer any details on essential financial topics or the potential dilemmas associated with hiring a professional to assist us with our financial objectives. The extraordinary complexities of the modern financial system and the potential for professionals to have self-interested motivations require that all investors, especially those nearing retirement, have a genuine understanding of their options, outlook, and the questions to ask when considering an advisor.
Ironically, the most critical question you need to consider is whether or not you even need a financial advisor to assist you with planning your retirement. In an effort to offer a fundamental understanding of these topics, the founder of Advanced Retirement Planning, Canaan Penland, teaches classes regularly throughout the year in the South Bay. He considers this to be an essential aspect of his work and insists that his classes provide a very realistic, detailed perspective of the financial markets, how to analyze your investments and retirement outlook, the pros/cons of the most frequently used strategies recommended by advisors, and most importantly, how to decide whether or not you need a financial advisor.
Mr. Penland has taught thousands of students how to analyze their own retirement, maximize social security benefits, and determine if their plans are realistic, appropriate, and cost-effective. Having been forced to suspend his classes for the past two years due to COVID, he is greatly looking forward to returning to the classroom in the second half of 2022 to continue his efforts on educating retirees.
Three Things You Must Have Before Retiring
If you do not have a thorough understanding of these three basic tools to strengthen and support your retirement plans, there is a high likelihood that you will encounter unpleasant financial surprises when you least expect them to occur.
Top Ten Mistakes of All Retirement Plans
Over the past decade, we have noticed that nearly all retirement income plans have the exact same problems. Failing to recognize these mistakes before retiring could create significant financial obstacles in your retirement outlook.