financial FIXATION
Reaping the Harvest Financial Planning & Retirement
W
e asked some local W financial advisors for tips on financial planning for people heading into or in retirement. How do you ensure you reap the full reward for your years of hard work and see that harvest provide for a full and active lifestyle? What are things that people most often miss in the process? 10 LimitlessMagOnline.com | October 2021
BY » Peter Eisenhauer
“I tend to encourage people to look at their big picture first, and then move on to the details later,” said David Hedges, a Certified Wealth Strategist (CWS®), and President of Bookman Bright Inc. in Davidson. According the Hedges, the big picture items include: investments, insurance, liability issues, Qualified Retirement Plan/ IRA issues, stock options, business succession plan issues, plans for gifting to children and charitable giving.
A complete plan will also deal with durable power of attorney issues titling of assets, executor trustee issues, as well as distribution of wealth and charitable inclinations at death. “Now within any of those categories, there are multiple things that may need to be dealt with,” said Hedges. For example, under investments: are your investments of good quality? Are they the right types of investments to reach your goals, be
