While uncertain times may be unsettling – especially if you’re watching your account balances shrink – they’re also a good reminder that it’s important to conduct routine financial check-ups to ensure you’re still on track to achieve your financial goals. If you’re already saving for retirement, our LPL Financial Advisors can help you evaluate your investment strategy to determine if you’re saving enough to reach your long-term goals, your portfolio is properly diversified and your asset allocation aligns with your risk tolerance. If not, they can help you make changes. If you’re not currently contributing to a retirement plan, you’re not alone. Twenty-two percent of Americans have less than $5,000 saved for retirement, and 15 percent have no retirement savings at all, according to Northwestern Mutual’s 2019 Planning and Progress Study.1 But if you haven’t yet started saving for retirement, it’s important to begin as soon as possible. Proper planning can help you avoid running out of money or having to substantially alter your lifestyle in retirement. The sooner you start planning, the more likely it is that you’ll be able to fund a comfortable retirement.
To help you with your financial goals, schedule an appointment with one of Premier America Investment & Retirement Services, LPL Financial Advisors by calling 818-772-4129 or 800-772-4000 today!