Male: Now, let’s get to the U.S. markets. Joining us this morning, Keith Springer, President of Springer Financial Advisors.
Female: Let’s ask Keith Springer Springer Financial Advisorsof Springer Financial Advisors…
Male: Financial Analyst, Keith Springer…
Female: Keith Springer joining us once again to take a look at the markets.
Male: We have our smart money expert, Fox 40 Financial Analyst, Keith Springer.
Male: Keith Springer, it’s good to see you. Thanks a lot.
Keith Springer: One of the biggest things that I see people do that they don’t realize they’re doing is delaying off and putting off inevitable decisions, retirement decisions, important financial decisions. A lot of it happens to be paralysis by analysis. We’re just so overwhelmed by what’s available out there. Or, they have friends telling them they should or shouldn’t do something.
Ed Guanill: Time is the most precious commodity there is because you don’t get any back. Every day that goes by is a day closer to retirement. Oftentimes, we find that people just wait too long to really start thinking about and planning for their retirement.
Keith Springer: So, it’s critical for people, as they approach that retirement red zone within a few years of retirement, to seek out that qualified retirement advisor. And it’s a lot easier to plan before you lose it in the next market crash. Learn how to preserve it, making sure that you create the income stream that you need for the rest of your life from that money.
You want to figure out Social Security optimization. Our parents and our grandparents just flipped it on and took the income as they wanted to. But, I don’t know if — most people don’t know, at 62, a 62-year-old couple, there are 1,379 different options to choose from. Elder care issues, 70% to 90% of a person’s wealth gets destroyed in the last two to two and a half years — and just really how to get the best returns on your portfolio, but with the least risk possible.
Matt Curtis: You don’t want to meet with somebody for an hour or two hours, have them put you into something off the shelf. That’s the philosophy that’s here, is we take our time, we custom design things for our clients that put them in a better position so that they can have some comfort in their retirement.
Ed Guanill: When I think of retirement, I think of just being able to do all the things I like to do without the worry of money. And the only way you could do that is you have to have a plan. I always say that failing to plan is planning to fail. So, we can’t encourage people enough to get started as soon and as early as possible because, oftentimes, if you wait too long, it’s just going to be too late.
Keith Springer: There’s nothing better than having someone come up to you after long, hard working years, and investing their money properly, protecting them when the market goes down, and them looking at you and going, “Thank you. Because of you, I can retire. And I know my family is comfortable, and safe, and will be for the rest of my life and hopefully theirs.”