RETIREMENT MYTHS PUT TO REST BY LOCAL PROFESSIONAL
With more than 10,000 baby boomers retiring every day, soon-to-be retirees in the local area are finding that financial guidance from a professional is imperative due to the amount of incorrect information filtering through the masses.
Fort Lauderdale, FL (Sharewellnewswire.com) December 3, 2012 - With more than 10,000 baby boomers retiring every day, soon-to-be retirees in the local area are finding that financial guidance from a professional is imperative due to the amount of incorrect information filtering through the masses.
Eric Sands, president of Sands Financial Services, often tells his clients about the truth behind many retirement myths that have been passed down from generation to generation. “It has been repeated that you should only need 70 percent of your end salary to live comfortably in retirement, but this figure does not help you appropriately for the unexpected such as health issues,” said Sands. “This approach may have worked once for someone, but it is not a one-size fits all for everyone.”
Sands said people often do not usually account for health issues, longer lifetime investment needs, decreased social security and increased spending habits. These are projections no one can truly know, but should be prepared to encounter at some point in their retirement.
“At Sands Financial Services, our investment management process is grounded on the belief that investing for the long-term should not be on tips or hunches. Instead, we base our strategies on quantifiable research and analysis, combined with careful consideration of risk-reward factors and strong fundaments,” said Sands. “Our goal is to keep our clients from being taken by the euphoria of a market at its peak or the fear that can be crippling at its bottom.
Sands is a financial representatives and educator in the Fort Lauderdale area and has advised professionals, businesses and senior investors for more than 10 years. He assists retirees and soon-to-be retirees uncover appropriate steps of action to help secure a financially sound future. To contact Sands Financial Services, please call 954-721-4767.
Securities and investment advisory services offered through NEXT Financial Group Inc. Member FINRA/SIPC. Sands Financial Services is not an affiliate of NEXT Financial Group Inc. Sands Financial Services is located at 6750 North Andrews Ave. Ste. 200, Fort Lauderdale, FL 33309.