Why Should Young Adults Have a Financial Planner?

American Investment Planners LLC

500 North Broadway, Suite 260, Jericho, NY 11753

(516) 932-5130 / (866) 932-5130

Some people are under the impression that financial planners are only needed as you get older or if you have a lot of wealth to preserve and protect, but as a team of professionals in this field, we know that this simply isn't true.

Truth is, everyone can benefit from working with a financial planner regardless of age or current assets, and in fact, we think it's important that people get started with one early. Below, take a look at the reasons why young adults especially should have a financial planner.

They can help start off retirement planning on the right foot.
It's not unusual for young adults to be a bit unfamiliar with retirement and retirement planning, but in order to set yourself up for success, you must start saving early. That said, young adults should work with a financial planner as soon as they start their first full-time job so that they set up their retirement plans, such as a 401(k) plan, correctly - this will ensure that none of their efforts go to waste.

They can help them create smart short and long term goals.
So you want to get rich? While everyone has dreams of being so financially stable that they never have to worry about money again, sometimes the goals we set for ourselves are just a bit unrealistic. This is where a financial planner comes in! Financial planners know what it takes to be successful with money, and thus can help young adults create smart short and long term goals for themselves. Not to mention, they can also help them create strategies to achieve them!

They can prepare them for the future.
Retirement isn't the only thing that we have to prepare for - what about situations where young adults are required to take care of aging parents? Financial planners can help young adults and their families with topics such as estate planning and elder care, which can certainly help alleviate a lot of stress. 

Ultimately, financial planners are an invaluable source of information that all young adults need, especially when they are about to experience "firsts" in life - their first job, their first house, marriage, and more.

If you're a young adult who has yet to meet with a financial planner, or if you have a young adult in your life that needs one, our team would love to work with you! We are staffed with experienced professionals and are 110% confident that we can deliver the solutions needed to experience financial success moving forward.

For more information about the services we offer or to set up an appointment with us, please give us a call at (516) 932-5130 or email info@americaninvestmentplanners.com today.