| Financial professionals are generally | | | | you participate in besides the leisurely |
| perceived to be more concerned with the | | | | ones? If you spent your entire life working |
| fiscal side of your plans, especially when it | | | | this hard, then the chances are good that |
| comes to retirement. And making sure you have | | | | golfing and traveling won't necessarily fill |
| a comfortable savings to retire on, and | | | | that empty space that used to be occupied by |
| enough to continue living the same lifestyle, | | | | long days at work. Make it clear what other |
| are two extremely important things they do | | | | activities you plan on participating in, |
| their best to help you achieve. But it's a | | | | whether that be a job or volunteer work. |
| deeper knowledge and understanding of you as | | | | |
| a client that helps them truly succeed. | | | | 3) Your Legacy: It's essential that you make |
| | | | it clear to your financial professional what |
| In fact, in order for them to truly know you | | | | you want to be remembered for. No one is a |
| as a person, a friend, and a client, they | | | | fan of talking about death, but by making |
| need to be asking the right questions and you | | | | your wishes and wants completely clear, your |
| need to be sharing with them more than just | | | | financial professional will be able to assist |
| the bottom line. | | | | you with your estate planning needs. |
| | | | |
| These are just a few of the most important | | | | By informing them what charities or causes |
| things to share with your financial | | | | you want to benefit after you're gone (if |
| professional when you meet to discuss your | | | | any), they'll be able to plan more clearly. |
| retirement: | | | | Oftentimes things are left unsaid during |
| | | | retirement and a person's estate doesn't |
| 1) Activities: It's vitally important that | | | | always get distributed the way they would |
| you inform your financial professional what | | | | have wanted. |
| activities you plan on participating in the | | | | |
| most during retirement. Often, they assume | | | | As a rule of thumb, you should remember |
| that golf and traveling will take up the bulk | | | | communication is the most important aspect of |
| of your time. While that's often an accurate | | | | retirement and estate planning. Always |
| prediction, it's also sometimes too simple. | | | | communicate your full wishes to your |
| Give them a long list of things you want to | | | | financial professional, even the ones you may |
| do in retirement so they'll be able to | | | | think aren't as important. |
| understand what you plan on doing in the | | | | |
| future. In the process, they'll get to know | | | | The increased communication will mean that |
| you better as a person. | | | | nothing is left unsaid, and in the process, |
| | | | your financial professional will get to know |
| 2) Your Passion: What did you enjoy about | | | | you better and understand your wishes fully |
| your life's work? What did you enjoy doing | | | | as they help you make important financial |
| the most? And what kind of activities will | | | | decisions. |