Is early retirement really possible?

After many years of hard work, retirement is something many look forward to. Most see their retirement beginning in their 60's, but it is very possible to retire earlier than that! Early Retirement  In some cases, you may be left with no choice but to retire, or you work that little extra, and it adds up in the end to your favor. Whatever the case may be, early retirement is more feasible than you'd think. Here you will find the top tips on reaching your retirement mark sooner than later!

The incentive to retire early is great, from spending quality time with the ones you care about most, to chasing dreams you never had the time for. It can open up a whole new world, and if you like to travel that can be very literal! Another big plus to early retirement is being able to take care of yourself and make sure you're in great health. The best part of all is that during this entire process, you've been through the struggle of saving and budgeting that it will now come naturally to you and will no longer feel like a terrible chore.

Continue reading Is early retirement really possible? ...

How to be a 401K millionaire.

Working towards your retirement can be an incredibly rewarding achievement. How to be a 401k millionaire.Even more so when your 401(k) reaches upwards and over $1 million! Recently, the number of retirees that have reached that million dollar mark has increased from 89,000 to 133,000 in just the third quarter of 2017. Women also seem to be the ones bringing home the bacon, or in this case, saving the bacon. Over the past decade, the percentage of female 401(k) millionaires has doubled; going from 10% to 20% according to Fidelity reports.

So how does one come about being a 401(k) millionaire? The answers may be simple, but it requires a lot of work.

Continue reading How to be a 401K millionaire. ...

Why you shouldn’t depend on social security as your only retirement plan.

Designed as a security net for seniors, Social Security simply does not work alone as a retirement plan. If you've decided to rely solely on Social Security benefits in your elderly years, you're most certainly bound to find yourself in dire financial straits. Why you shouldn’t depend on social security as a retirement plan.

At the time of this writing, the average monthly benefit payment from Social Security is currently $1404. Some seniors would receive a larger benefit if they paid more into the system, while others receive much less. Social Security alone puts nearly all seniors who depend on it solely, very close to the individual poverty level.

Continue reading Why you shouldn’t depend on social security as your only retirement plan....

Tips for an easier and happier retirement.

In this day and age saving for retirement seems to get harder and harder and is increasingly becoming a goal that is put on the back burner for many Americans. Tips for an easier and happier retirement.With lower wages and higher housing cost, much of the middle class are struggling just to get by. Even with these obstacles in life, there are still ways to save for a prosperous retirement.

Start today. Many people make the mistake of thinking it's either too early or too late to start saving for retirement. The truth is you can start saving at any time, of course, the earlier you start, the more money you will have when the time comes. Compounding interest is a beautiful thing. On the other hand, it is better late than never, because even later in life those savings will add up.

Continue reading Tips for an easier and happier retirement....

Make the REST of your life
the BEST of your life.

For more than 14 years our mission at West Financial Group has been to guide our valued clients to financial security. We strive to address all of your concerns, ensure you understand the products we recommend and take pride in knowing you’re comfortable with the direction and strategy we provide you.

Our goal is to provide a “WOW” experience at every client interaction! We want every meeting, phone call and event to be an interaction worth talking about. We want our clients to be able to say, “WOW, what an experience! I can't wait to tell my friends about our financial professional.”

Whether it’s financial, retirement, legacy planning or optimizing your future wealth, our approach includes understanding your unique situation, exploring your goals and discovering the best way to make the REST of your life, the BEST of your life. By getting to know you and your family, we serve as financial guides who keep your best interests in mind throughout the entire process.

Skip West | Financial Planner | West Financial Group

Latest blog posts.

Is early retirement really possible?

Monday, April 16, 2018

After many years of hard work, retirement is something many look forward to. Most see their retirement beginning in their 60's, but it is very possible to retire earlier than that!  In some cases, you may be left with no choice but to retire, or you work that little extra, and it adds up in the end to your favor. Whatever the case may be, early retirement is more feasible than you'd think. Here you will find the top tips on reaching your retirement mark sooner than later!

The incentive to retire early is great, from spending quality time with the ones you care about most, to chasing dreams you never had the time for. It can open up a whole new world, and if you like to travel that can be very literal! Another big plus to early retirement is being able to take care of yourself and make sure you're in great health. The best part of all is that during this entire process, you've been through the struggle of saving and budgeting that it will now come naturally to you and will no longer feel like a terrible chore.

Read more...

Seeking 1000 Sponsors for a Chance to Win a New Golf Cart!

Thursday, April 12, 2018

For more information, please visit www.RCOTVF.org/golfcart

Read more...

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