ARI FRASER
Last week the club welcomed ARI FRASER from Amerprise Financial who talked to us about retirement planning and personal finance. Ari spoke of the importance of retiring TO something, not just leaving a job. It is essential to have a plan that includes your continued relevance and allows you to thrive in your retirement. One consideration is to stay in contact with other generations in your daily life. Of course it is necessary to have a game plan before retiring, keeping expenditures in balance with your expected income stream: social security, savings plans, investments, and to time your retirement date with important considerations in mind: medicare eligibility, and social security payment options. Retirement planning is tricky in that we don't know if we will outlive our money, with longer lifespans and uncertain inflation confusing the calculation. It all depends on how much you need to sustain your expected lifestyle. Your net worth will determine your financial health in the future.
Ari encouraged us to use the services of a financial planning expert, and said he would welcome any kinds of financial questions.
You can contact him at: 610-943-3113
Thank you, Ari for this important message.