Communicating with a Financial Professional

Be certain your financial professional is asking the right questions.

People generally expect financial professionals to focus on the fiscal side of their clients’ retirement plans. Without a doubt, ensuring clients have adequate savings to continue living comfortably is extremely important, and advisors do their best to help clients attain this security. But a deeper knowledge and understanding of the people they serve can help them provide even a higher level of service.

So let your financial professional get to know you not just as a client, but on a personal level as well. As a starting point, here are a few important things to share when you meet to talk about your retirement:

Activities – Discuss the activities you plan to participate in most during retirement. Your advisor may assume that golf, social activities and traveling will take up the bulk of your time. While sometimes that’s an accurate prediction, it’s often too simple. If that’s the case, provide a longer list of things you plan to do in the future.

Your Passion(s) – What did you enjoy most about your life’s work? Perhaps you could find a way to focus on that area in a new arena. Or is there something you have always wished you could do or a cause you’ve always wanted to become involved in? Share any visions you have for personal growth or things you would like to do to make a difference.

Your Legacy – It’s essential to let your financial professional know what you want to be remembered for. No one enjoys talking about death, but letting your financial professional know what charities or causes you want to benefit will ensure your estate will get distributed as you wish.

Communication is Key

As a rule of thumb, you should remember communication is the most important aspect of retirement and estate planning. Express your complete desires to your financial professional, even those you may think are less important. With nothing left unsaid, your financial professional will get to know you better, understand your wishes fully and be better equipped to help you make important financial decisions.

Securities offered through Securities America, Inc., member FINRA/SIPC. Advisory services offered through Securities America Advisors, Inc. Hunt Country Wealth Management and Securities America are separate entities.

Written by Securities America for distribution by Hunt Country Wealth Management.

Securities America and its advisors do not provide tax advice. Please consult with your tax professional regarding your individual tax situation.

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Securities offered through Securities America, Inc., Member FINRA / SIPC. Advisory services offered through Securities America Advisors, Inc. Hunt Country Wealth Management and Securities America are separate entities. FINRA registered branch office: 46 S. Loudoun St. Winchester VA, 22601. Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, Certified Financial Planner™ and CFP® in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements. This site is published for residents of the United States and is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security or product that may be referenced herein. Persons mentioned on this website may only offer services and transact business and/or respond to inquiries in states or jurisdictions in which they have been properly registered or are exempt from registration. Not all products and services referenced on this site are available in every state, jurisdiction or from every person listed.