For those middle-aged men and women who are dealing with taking care of their elderly parents while also still supporting their college-age children, it can often be a tumultuous experience. It may feel like they are looking out for everyone else but can never really just look out for themselves and their own future. A lot of times people in this demographic feel that they will never be able to work on their own retirement goals, because of their other financial obligations. However, this is not necessarily true. With the right planning, making the right investments, and doing the right research anyone can create a completely different reality that is more in their favor.
HCR Wealth Advisors make it their mission to provide education, trust, integrity, empowerment, and transparency in their partnership with those in need to reach their financial goals. With personalized financial services and wealth management options, HCR truly believes in building relationships with their clients, while also protecting them and keeping everything confidential. Ultimately, they will help you conduct the necessary research and help you understand the right questions to ask while leading you every step of the way on your journey.
For many people, it is all so tempting to dip into their personal retirement accounts when they become strapped for cash and are in a stressful situation. Unfortunately, this may not be the right solution to the problem. Taking just a little piece here and there may seem harmless, but it does add up. Undoubtedly, you may be digging yourself into a financial hole as your parents and your children are taken care of. They may be fine but now there could be little money left for your retirement and you will find yourself reliant on your children for financial support. This can start a cycle and is not the answer to the problem.
HCR Wealth can help by showing different ways for clients to reach their financial goals. They will start off by pointing you in the right direction, helping you ask the right questions, and create a personalized investment or financial strategy.
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