Most people have heard the common phrase ‘The Road Less Traveled’. The general consensus of the meaning is to do the less obvious, to be different from the rest or to follow a path that is perhaps not as easy because not many people have done it.
Sometimes; however, if you take ‘the road less traveled’, you find something of tremendous value. The same very well could be found on ‘the financial road less traveled.’
When it comes to retirement planning most people do things the way they understand, are most familiar with and maybe the way that their parents did it. For example, many people use a traditional IRA or company sponsored 401(k) or 403(b) plan to save money for retirement. According to the Investment Company Institute these plans have trillions of dollars in them. However, just because these plans are so popular does not mean that they are the best option for you. There are other retirement savings plans options available that are not as well known about or commonly used that could be a better place for you to save money for retirement.
Today’s financial world is constantly and ever changing. Sometimes, this means you may benefit more by utilizing planning tools and strategies that are not as well known or used as frequently. By taking the unconventional route, i.e. ‘the financial road less traveled’, you very well could make your retirement plan much more predictable.
To learn more about valuable and effective tools and strategies that are on ‘The Financial Road Less Traveled’ or to discuss your specific concerns, contact me at 702-462-7233 or Agoodman@AskAdamGoodman.com
Investment Advisory Services offered through Brookstone Capital Management LLC, a Registered Investment Advisor. Investments and/or investment strategies involve risk including the possible loss of principal. There is no assurance that any investment strategy will achieve its objectives. This information is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual’s situation. Content is provided by third parties for informational purposes only and is not a solicitation to buy or sell any products mentioned.