Finding the right financial advisor is crucial for your financial success. A recent Vanguard study found that an advisor-managed portfolio can grow significantly more than a self-managed portfolio over a 25-year period. Advisors provide emotional support, help with tax planning, and offer comprehensive financial planning services. When choosing an advisor, look for a fiduciary who has your best interests at heart and holds the necessary licenses. Trustworthiness and a holistic approach to financial planning are also important factors to consider. Inflation and market volatility should be taken into account when creating a long-term financial plan. In this conversation, Gary Nolan and Jeremy Nelson discuss various economic indicators and potential challenges in the economy. They cover topics such as rising delinquencies, commercial real estate crisis, bank closures, layoffs, the Dallas Fed Service Index, restaurant closures, and retail bankruptcies. They also touch on the use of ETFs and the importance of considering spousal benefits in pension elections. Overall, they emphasize the need for individuals to review their financial plans and ensure they are prepared for potential economic challenges.

Reach out to Jeremy at 800-800-6073 or https://www.myelementwealth.com/

See omnystudio.com/listener for privacy information.