I just read an article regarding retirement that I thought I would share. Bankers Life and Casualty Company Center for a Secure Retirement (CRS) did a study about the certainty of retirement finances that middle-income ($25k – $75k annual income) Americans have or do not have. 63 percent said they that they are unsure they have saved enough to live comfortably in retirement. If that were not eye opening enough, more than half of the people surveyed do not receive professional retirement advice of any kind. Instead they turn to the Internet (50%), and friends and family (38%).

The Internet is an amazing tool, but when it comes to your personal finances and situations ranging from Long Term Care to generational wealth distribution, there is no computer system or website that can merge all that information. Your particular situation is specific to you. Yes you can get some great general information online, but you need to speak to professional about a specific issue you may have. You go to a doctor when you have health problems; a dentist when you have teeth problems; why would you risk your financial peace of mind?

According to the study, “68 percent of middle-income retirees and pre-retirees who work with a professional advisor feel better prepared than their peers, and 76 percent say they’re extremely or very satisfied with the experience.” The question is, why wait? It is a new year and a great opportunity to look over the last year and see what has worked and what hasn’t. Start NOW!

Philip A. Guske