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Communicating with a Financial Professional

Financial professionals are generallybesides the leisurely ones? If you spent
perceived to be more concerned with theyour entire life working this hard, then
fiscal side of your plans, especiallythe chances are good that golfing and
when it comes to retirement. And makingtraveling won't necessarily fill that
sure you have a comfortable savings toempty space that used to be occupied by
retire on, and enough to continue livinglong days at work. Make it clear what
the same lifestyle, are two extremelyother activities you plan on
important things they do their best toparticipating in, whether that be a job
help you achieve. But it's a deeperor volunteer work.
knowledge and understanding of you as a3) Your Legacy: It's essential that you
client that helps them truly succeed.make it clear to your financial
In fact, in order for them to truly knowprofessional what you want to be
you as a person, a friend, and a client,remembered for. No one is a fan of
they need to be asking the righttalking about death, but by making your
questions and you need to be sharingwishes and wants completely clear, your
with them more than just the bottomfinancial professional will be able to
line.assist you with your estate planning
These are just a few of the mostneeds.
important things to share with yourBy informing them what charities or
financial professional when you meet tocauses you want to benefit after you're
discuss your retirement:gone (if any), they'll be able to plan
1) Activities: It's vitally importantmore clearly. Oftentimes things are left
that you inform your financialunsaid during retirement and a person's
professional what activities you plan onestate doesn't always get distributed
participating in the most duringthe way they would have wanted.
retirement. Often, they assume that golfAs a rule of thumb, you should remember
and traveling will take up the bulk ofcommunication is the most important
your time. While that's often anaspect of retirement and estate
accurate prediction, it's also sometimesplanning. Always communicate your full
too simple. Give them a long list ofwishes to your financial professional,
things you want to do in retirement soeven the ones you may think aren't as
they'll be able to understand what youimportant.
plan on doing in the future. In theThe increased communication will mean
process, they'll get to know you betterthat nothing is left unsaid, and in the
as a person.process, your financial professional
2) Your Passion: What did you enjoywill get to know you better and
about your life's work? What did youunderstand your wishes fully as they
enjoy doing the most? And what kind ofhelp you make important financial
activities will you participate indecisions.



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