The market is currently experiencing some volatility and there are many people that are concerned about their financial investments. In this article four financial advisers answered questions in an interview about ways people can protect and grow their wealth for retirement in this volatile market. One of the most important things that these planners stress is the need for families to communicate with each other. These experts discuss ways clients can prepare for both short-term and long-term investment needs. The experts all agreed that clients should do more to keep better track of their regular expenses. It is also extremely important to make plans for things like power of attorney, guardianship, and life insurance.
See Beverly Goodman, Retirement: How to Protect Your Health and Wealth, Barron’s, September 19, 2015.
Special thanks to Jim Hillhouse for bringing this article to my attention.
