Retirement planning is not as easy today as it once was. Drastic falloffs in stock prices have made traditional retirement accounts such as a 401(k) more risky than they were thought to be. However, a good financial planner helps clients to diversify their investments in such a way that positive growth is assured.
Black Mountain, NC 01/13/10 ‘ financial planner, Joseph F Ryan, is pleased to announce that his planning service offers simple solutions to retirement planning. These solutions include standard 401(k) investments, life insurance, Medicare supplements, and other products and services designed to assist people in saving and planning for their retirement years.
Although the stock market has proven to be less stable than was thought a few years ago when President Bush was pushing for privatization of Social Security, it still remains one of the best investment strategies for ensuring positive growth and a fairly high rate of return. Unlike a bank savings account, money invested in stocks is at risk. However, by spreading the money across a portfolio of several different companies, risk is managed to an acceptable level and growth is all but guaranteed.
In addition, other investment types such as whole life insurance or reverse mortgages help to provide for individuals and couples in the latter years of life.
It is a known fact that Social Security is not currently stable enough to be relied upon to provide money to live on for everyone expected to retire in the foreseeable future. For this reason, the services of a professional financial planner are necessary in order to assure oneself that he/she will be able to live comfortably after retirement without relying on Social Security.
For more information on how Joseph Ryan can assist residents in and around the Blue Ridge area in planning for their financial futures, visit him on the web at http://ryanwealthmgt.wordpress.com/ or contact him at:
Blue Ridge CPA-Joseph Ryan
117 B. Cherry Street
Black Mountain, NC 28711
ryanwealthmgt@bellsouth.net
