Financial Future (1)

 NJ Retirement Planning Company That Can Help Your Financial Future

If you’re reading this, you’re probably searching for answers to your retirement planning questions, such as if you will be living the retirement you’ve imagined, will you be worried about money, or if you will be doing the things you’ve always imagined?  The choice is yours.

Our financial advisors in NJ know and understand that planning for retirement is hard work.  It takes time, effort, and a willingness to confront some difficult issues.  Making matters worse is the constant noise from the financial media, the internet, and so-called experts that can paralyze us with conflicting information overload.  However, the rewards of putting your financial future in focus and understanding how you will be able to live retirement on your terms is obvious.  Are you up for it?

Statistically, most aren’t.  They’ll talk about it, worry about it, even argue about it with their spouse, but never take action.

I’m here to answer your questions and hopefully put you on the path to a secure retirement.

Got a Question-

Before we go further I have just one question:  Are you ready to make the commitment or….?

 Excuses will not fuel your retirement planning process

Blah – blah – blah!  I’ve heard all the excuses. We love to procrastinate.  Why?  Perhaps deep down we’re lazy, or maybe it requires too much work, or perhaps we’re scared to know the answer.  Whatever it is, you need to get over it!

Keep this in mind.  In retirement planning as in most things, time can be your best friend or your worst enemy.  The sooner you have answers, the sooner you can take action to fix any problems that may be there.  Most problems can be fixed given enough time.  Unfortunately, when we stick our heads in the sand hoping the problems will go away, the clock keeps on ticking until the day the clock strikes midnight.  Would you rather deal with any problems today, when you may be able to do something about it, or wait until it’s too late and have that uncomfortable conversation with your spouse who thought things were fine.

We know that the planning process can be time consuming if done properly.  At AGS Aurora we’ve developed a process designed to remove many of the obstacles that stand in the way of you getting the help you need.  Through the use of our innovative process and technology we can eliminate much of the time that is wasted in the planning process.  We’ll move you along – if you let us.

 “I get all my information from [pick one] TV, talk radio, the Internet.  I can do it myself”

If you’re relying on the advice of the television financial personalities and pundits or maybe the latest internet expert to manage your financial future – Good luck.  I urge you to give that a second thought.

Here’s a newsflash:  Jim Cramer and Suze Orman are not your financial advisers.

While financial personalities, the financial media, and even some so-called internet experts may provide some useful tidbits of information it is very dangerous to assume that it applies to your situation.

Your situation is unique. What works for the family next door or in another city, may be a disaster for you.  It takes a bit of work to put together your plan but when it’s in place you will have a road map for success that cannot be derailed by the effects of one-size-fits-all advice.

Remember, free advice is usually worth exactly what you pay for it!

Please note:  If you’re the do-it-yourselfer searching for the Holy Grail, the guru seeker looking for easy answers, or the dreamer looking for the next home run, this isn’t the place for you.

If, on the other hand, you’re willing to commit some time and a little effort to help secure your future then read on – you’ve come to the right place.

 “I don’t trust these guys.  All they want to do is sell me something”

Well, I can’t argue with that one.  The fact is that many of the people who call themselves financial advisors are nothing more than financial product salespeople.  They’ve spent their entire careers in sales.   They have very little real financial experience.  At best, they took some certification course to get to put some letters after their name to try impress the unsuspecting public.  Big deal.  What these guys are really trained in is closing techniques to separate you from your money.  When I entered this business and would meet with other advisors the number one question I would get asked is when do I “go for the close” and what closing techniques I use.  That’s the business.

If the only real experience someone has is in sales, what do you think they’re going to do?  SELL!

I started AGS Aurora after seeing the devastating effect some of these so-called financial advisors had on friends and family.  Unlike these sales guys, I didn’t start out as a salesman.  I spent the first twenty years of my career in the world of corporate finance, managing cash, risk, and investments.  I was working for some pretty big name companies.  Companies like Allied-Signal (now Honeywell), Estee Lauder, Revlon, Coleman, Sunbeam, and a few others.

My experience has given me insight into the operation of the global markets and the companies that make it up that the sales guy can’t possibly have.  I’ve seen behind the curtain.  I was there.  I know the games of the corporations and the Wall Street firms.  I’ve been on the other side of the investment world – played for the other team – and I’ve got their playbook!  Can your sales guy say that?

Are we done with the excuses yet?

I hope you’re still with me here.  If you are, congratulations.  You are on your way.

Why am I so passionate about proper planning?

 I’d like to tell you a story from early in my career as an advisor that had such a profound effect on me that it shaped how I approach retirement planning for the families I serve to this day and hopefully explains why I’m so passionate about the subject of proper planning.

The story you are about to read is true.  The names have been changed to protect the guilty!

 I received a call from a gentleman (we’ll call him Bob).  He and his wife (let’s call her Joan) had just sold their house and moved into a retirement community.  The proceeds of the sale of the house were pretty much all the cash they had left and they had no idea what they should do.

Bob had retired a while back.  He sold a car dealership for an amount that should have been sufficient to fund their retirement.   Up to this point Bob and Joan lived a very comfortable life.  They were never left wanting and took great pride on being able to help their kids and grandkids in any way they could.  Their greatest joy was spoiling their grandchildren by buying them anything they wanted.  They traveled often and when not traveling were seldom at home.  This was a lifestyle they wanted to continue as long as they were physically able.  They sacrificed in the past.  They did not want to sacrifice now.

Not knowing much about investing or financial planning, when Bob sold his business he turned to a local “financial advisor” (he was a stock broker).   Bob asked him to take care of his money.  As Bob told it, the only question that he remembers the broker asking was “how long do you want the money to last?”  Bob’s answer to that question would lead to the sale of the house all those years later and our meeting that day.

As Bob told it, his answer to that question was “make the money last until I’m 85.  I’ll be dead by then.”  Unfortunately, Joan was not there when this conversation took place.  She trusted her husband and his financial decisions to that point had mostly been good.  After all, they had a pretty good life.  Until now.

If you’re paying attention you can probably spot a few of the problems.  Their stock broker had done exactly what Bob had asked him to do.  You see, the day we met was one week after Bob’s 85th birthday and the money was gone.  The problem was Bob was not dead!  To compound the problem, Joan was ten years younger than Bob.

Bob and Joan now had to face the stark reality that life was going to change.  They had been spending at a rate that they could not sustain because no one told them otherwise.  Their unsustainable life style along with the market implosions due to the bust of the early 2000’s and the financial crisis of 2008 had left Bob and Joan broke and they never saw it coming.  Even after selling their house, the cost of the upscale retirement community was unsustainable.  At their current spending rate the proceeds of the house sale would last for only a few years.

Bob and Joan could not accept the fact that they would have to make another move.  This time to a much more modest community.  In addition, they would have to drastically downgrade their lifestyle.  There was nothing I could do.  There was no advice, no magic financial product that would allow them to live out their retirement with the lifestyle they had become accustom to for all these years.

Now can you understand my passion?  Bob and Joan’s problems could have been easily prevented with proper planning (which included Joan) and periodic reviews.  Bob mistakenly thought that the broker had his back.

Are you ready to take the next step?

My guess is that if you’ve read this far you have questions.  Feel free to click the button below.  We will answer your questions within 24 – 48 hours.

Got a Question-

 Ensuring your family’s financial future is certainly a lot harder than they make it seem in the commercials and you deserve better than canned answers from an 800 number at the discount broker.

Are you serious about taking the next step?

Learn more about the benefits associated with working alongside NJ financial planner, Dave Seibel, by asking any questions, visiting us onsite, or calling us directly at 732-875-0101.