Say No – Total Financial Solutions Safer Money Hour – March 27, 2018
Total Financial Solutions Safer Money Hour – Say No – March 27, 2018
Hosts: Arif Halaby & Jeff Girard
Topic: Your Family’s Finance
Total Financial Solutions Safer Money Hour – Say No -March 27, 2018
On This Episode Of The Total Financial Solutions Safer Money Hour, Hosts Arif Halaby and Jeff Girard sit down to discuss the benefits of telling your children no, making smart decisions to protect your retirement and the current political climate of the United States.
During your retirement, there are times when things get in the way, doesn’t go to plan, Arif said. The last thing you want to do is go back to work when you’re 74. we have seen time and again that people will make big mistakes that they didn’t need to make and therefore damages their retirement and all they have saved for.
You have to start saving when you are young, Jeff said. I am not talking about 40’s or 50’s, even though that is young in life.
I was talking with a client in their early 30’s and they told me that their peers aren’t even thinking about retirement and see retirement as something their parents deal with or something they will deal with when they get “older”, Jeff said.
A scenario happens too often when you retire at 65 and are living fairly well for 10 years however at that 10th year you are running out of money.
In today’s world people are living longer and are more conscious of health, Arif said. A client told me that she just turned 65 and said she doesn’t think she will retire any time soon, if at all.
One major thing that can damage your retirement planning is helping your adult children, Arif said. unless you have a larger amount of money, you must be strong and not give your money away or at least a large portion of it.
“Leave the guilt trip behind,” Arif said.
Total Financial Solutions offers assistance with preparing for retirement and financial planning in Santa Clarita and the surrounding valleys. Santa Clarita financial advisor Arif M. Halaby, a Certified Estate Planner, and Total Financial Solutions staff work with people of all ages, helping them protect, grow and preserve their assets through an individualized approach. Arif Halaby is also the host of “Total Financial Solutions Safer Money Hour” on KHTS AM-1220. Launched in 2004, the show offers listeners from Santa Clarita financial planning tips and guidance for dealing with today’s ever-changing financial needs.