You may not think you need to address the question today of how much do you need to save for the future. However, you may find yourself in a position of needing to figure out your finances alone. If you start to plan now together…if that day ever does come then you are knowledgeable and prepared. The reality is that planning for the future, now, IS the right thing to do today. If you can’t put away the full amount that my guest Stacy Francis suggested which is 15%, then start with a fraction of that. She shared that when she was younger living in NYC, she too could not afford to put away 15%. But she did make her best efforts with every raise she earned. And now she is in a position to be saving 15% of her annual income. Stacy always wants to make sure her clients have enough to retire and that it will be available as long as they need it to! She offered lots of tips for saving. She also shared 3 pillars of financial security. She and her company are aware that it is questionable times with a volatile market but assured listeners that it is possible to save and increase your money because this is not the first time we’ve endured “times like these.” Listen to the full episode to plan your lifelong finances effectively!
Stacy Francis, CFP®, CDFA®, CES™
Savvy Ladies, Founder and Board Chair
39 Broadway, Suite 1730 | New York, NY 10006
O: 212.374.9008
Retirement Income Calculator from Stacy
Questions to ask to find the right financial advisor for you: https://francisfinancial.com/wp-content/uploads/2022/03/Questions-to-Ask-a-Potential-Advisor.pdf
There are options to keep working after retirement…Join me at Neora!
To find me on social media: Debbi-Jo Horton