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