Financial Tip of the Week: When to retire and what the risks are
The San Diego Entertainer’s own financial expert, Steve Sexton, provides the Channel 6 San Diego Living show with financial tips throughout the month. We are thankful to be able to share his financial expertise with our readers.
Last week on the segment, Sexton addressed a few of the most asked questions; when can they retire and with our current economy what should be their comfort level with risk?
Vacationing can be a pre-cursor for retirement and it usually does raise the question of, “when can I retire?” Steve Sexton is constantly asked this question and suggests having a thorough financial analysis. There are numerous factors to consider such as inflation, and the individual’s income need.
Steve also discusses the concerns people have regarding their comfort level with risk. Are you still working? If you were to lose a certain percent would you be able to make that up if you were to retire? If you can’t you might want to scale back the risk. Those are the type of questions Steve suggests asking yourself. It’s very important for people to realistic with the risk level and that is why it is important to see a financial advisor.
Steve Sexton is a financial expert who personalizes each individual’s financial plan on their unique circumstances and goals. He has over 15 years experience in the financial services industry and holds multiple licenses and designations including being a Better Business Bureau member and a National Ethics Bureau Member.
If you would like to learn more about securing your financial wealth and freedom, planning for your retirement or to reserve a spot in one of Sexton’s free financial workshops you can visit www.sextonadvisorygroup.com. Or you can reach the Sexton Advisory Group by contacting Steve Sexton at firstname.lastname@example.org or by calling 951-695-8810.
Don’t forget to watch Steve Sexton on the Channel 6 San Diego Living on Tuesdays for more financial tips.