The Three Stages of Smart Retirement Planning | Guiding You Forward
Saving for retirement is not a cookie-cutter journey. In this first episode of our Guiding You Forward podcast on retirement, our guests explain the three phases of the process and how they mirror climbing Mount Everest.
Are you prepared for retirement? If you’re like many Americans, the answer is no. Stephen Skokos, senior wealth advisor, and Brooke Angelovich, associate wealth advisor, both with Mountain America Investment Services, sit down with the host of the Mountain America Credit Union Guiding You Forward podcast to discuss how to get started with your savings plan.
In this episode, you’ll discover:
- The connection between retirement planning and Mount Everest.
- At what age you should start planning.
- How to shore up your savings during ever-changing market conditions.
Stephen and Brooke explain how retirement planning is like hiking Mount Everest, with three distinct stages—ascent, summit and descent. Each of these stages has its own set of tasks and goals, which look different for everyone. “Financial planning is not a cookie cutter; it’s not a simple answer for everyone,” says Stephen. “As financial advisors, we work with people to make sure they have the right tools, the right equipment [and] a plan in place.”
When it comes to planning for your retirement, it’s all about building a relationship with a financial advisor. But what’s the right age to start planning for your future? Stephen and Brooke believe the answer is simple—today! “Find something small that you can start with today to begin saving for your retirement,” Brooke says. Watch the full video above to learn more about setting financial goals early in your career.
The world seems to be changing so quickly—it can be challenging to keep up! It’s natural to have questions about how these changes affect your retirement savings. In this episode, Stephen and Brooke share the importance of consistency during these evolutionary periods and emphasize the benefits of creating and maintaining a relationship with a financial advisor.
Watch the full episode above to learn more!
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| Not Credit Union Deposits or Obligations | May Lose Value |
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