by Dave Kutcher
E
verywhere we look, we see evidence of an increased lack of confidence that folks have in terms of their retirement options. Overwhelmingly, when we dig in the weeds as to why so many people lack that confidence, it is because they have no idea of some of the solutions available to them for their retirement.
With key concerns of inflation and not just the cost of healthcare but also the healthcare system in general and how we will meet the needs of increased longevity, people are having trouble putting together a plan that meets their concerns head-on.
With 7 out of 10 people expressing little confidence about what is available for solutions to what they see as their biggest concerns, we are on a path to change those numbers.
People find many solutions difficult to understand and they simply don’t know where to start in terms of planning. Retirement planning is not a DIY project. And neither are your friends and neighbors your best resources when searching for answers. Planning your retirement is perhaps one of the most important financial processes you need to consider. Don’t leave this process until it is too late and don’t think a few conversations over the backyard fence with your neighbor are going to provide much insight.
Of the folks that do have confidence in their plans, a vast majority attribute that confidence to having a financial professional who has helped them.
For those that think there are not enough solutions to help meet your needs and wants in the years ahead, that is simply not true, and you owe it to yourself to find out what is out there in terms of financial products specifically designed to perform in the areas of most concern for retirees.
Creating a plan that not only provides a level of protection from a myriad of risks but also prepares you for providing sustainable income for the long haul is essential.
We are in the process of changing the name of our business to Frontier Retirement. We work almost exclusively with folks that are near or at the precipice of a new frontier in their life. The road ahead doesn’t have to be so daunting, but you need to take the time to explore new ideas and be willing to learn more about the plethora of solutions we can bring to the table. Just because you don’t see it doesn’t mean it isn’t out there … come find out what might be in store for you.
I am Dave Kutcher, a retired Marine Corp Captain and a managing principal at Frontier Retirement in Eagle River, AK. You can catch me on the radio every Saturday morning, “Retirement in the Last Frontier”, 8:30-9:30 on AM 650, Keni Radio. Frontier Retirement, 10928 Eagle River Road; Eagle River, AK 99577, (907) 795-7452.
