In this episode, The Annuity Man and Sheryl Garrett discuss:
The role of a financial planner
How the industry should be
Hiring the right planner
Being aggressive with cash flow
Key Takeaways:
Many personal, financial, economic, and psychological things are coming together all at once. The planner’s role is to help clients see through all of that and reach out to the appropriate specialist when they need certain products or services fulfilled for the clients.
Everybody has questions about their personal finances. People in the industry should be working towards making it easier for people to understand finances.
Don’t hire anybody with disciplinary issues on their records. There are plenty of people to pick that don’t have any on the record. Make sure the person you’re talking to is working as a fiduciary.
We need to be aggressive about our cash flow. Aggressive, conscious of where our money is going, where it’s coming from, and how it will move in the future.
"We’ve been trained to go get a second opinion if we have a significant medical issue come up, but why in the world do we not get a second opinion if we’re getting ready to make a decision as significant as retirement." — Sheryl Garrett.
Connect with Sheryl Garrett:
Website: https://garrettinvestmentadvisors.com/
LinkedIn: https://www.linkedin.com/in/sherylgarrett/
Twitter: https://twitter.com/SherylGarrett
Connect with The Annuity Man:
Website: http://theannuityman.com/
Email: Stan@TheAnnuityMan.com
Book: Owner’s Manuals: https://www.stantheannuityman.com/how-do-annuities-work
YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g
Get a Quote Today: https://www.stantheannuityman.com/annuity-calculator!