Founder of The Elder & Disability Law Firm, Victoria L. Collier Urges Investments Over Savings

Certified Elder Care Attorney, Victoria Collier, offers an overview of plans and processes that are important to consider above and beyond simply saving money for retirement.

Decatur, GA, March 31, 2017: Victoria L. Collier, founder of The Elder & Disability Law Firm, has posted a new article on her law firm’s website entitled “Is Your Money Retired or Actively Working For Your Retirement,” in which Ms. Collier discusses the importance of investing over saving for retirement.

Victoria CollierCollier writes, “At some point in time just about everyone considers the fact that one day they’ll retire from the work force and have to care for their needs without a steady, regular income.” She continues adding, “Most of us are taught the importance of stashing money away for emergencies and ultimately for retirement. But, more often than not life gets in the way and that important step of putting money aside gets skipped for years, maybe even decades.”

As Collier points out, “Young people are hard pressed to think seriously about retirement.” She adds, “When you think about how endlessly life seems to stretch out full of promise and potential, it’s understandable that planning for such a distant event as retirement is not a prominent thought.”

According to Collier, “If you are in your 20’s, 30’s or 40’s and have started saving money, congratulations are in order. That’s because in my experience most people don’t begin to seriously consider their financial futures until they hit age 55.” She elaborates, “In fact, a survey conducted by the Employee Benefit Research institute (EBRI) says that only 14% of all workers have $250,000 or more in their retirement savings. That percentage rises to 23% for workers over the age of 45. But, keep in mind that’s 23% of the 14% of all workers.”

“Now before you get too giddy about your saving habits,” says Collier, “there are a few things to consider.” “First,” she writes, “if you are merely putting money into a savings account, you might as well think of your money as already retired. That’s right. Your money is sitting around doing absolutely nothing for you.” Collier adds, “To prepare for a more financially stable retirement you must invest your money. Put it to work for you. Find a way to make your money work hard for you now and into the distant future so you don’t have to.”

The entire article can be read at

About Victoria Collier

Victoria L. Collier, CELA founded The Elder & Disability Law Firm of Victoria L. Collier, P.C. to serve the legal needs of seniors when their health care needs increase. Victoria is also Co-Founder of Collier Scott Financial Solutions, LLC. At both firms WE BELIEVE that people should not have to lose everything they’ve worked a lifetime to earn and that every person is an individual who deserves respect and the highest quality of life possible, regardless of age or ability.

Victoria enlisted in the U.S. Air Force during Desert Storm, 1989-1995, and also served in the U.S. Army Reserves, 1Lt. 2001-2004, JAG Corps. Victoria is a national expert on the VA Wartime Pension for veterans and their widows who need additional assistance with activities of daily living and helping them qualify for and receive tax-free income from the VA to pay for it. Victoria graduated from Valdosta State University with a B.A. in Psychology and then University of Nebraska, College of Law. In 2014, Victoria was awarded with the Alumni Master Award from the University of Nebraska.

Victoria is a Certified Elder Law Attorney through The National Elder Law Foundation and has been named as the only attorney in Georgia as “Fellow” of the National Academy of Elder Law Attorneys (NAELA). Victoria was appointed by Governor Perdue to the Georgia Council on Aging, 2010 – 2016 and was awarded Dekalb County Veteran of the Year, 2013. She is the author of 47 Secret Veterans Benefits for Seniors; Paying for Long Term Care – Financial Help for Wartime Veterans: The VA Aid & Attendance Benefit. Victoria has co-authored several books: Blooper Episodes in Estate Planning, Don’t Go Broke in a Nursing Home, and Protect Your IRA: Avoid the 5 Common Mistakes. Most notably, Victoria co-authored the National Best Seller, The Road to Success, with Jack Canfield, author of Chicken Soup for the Soul series.

About The Elder & Disability Law Firm

The Elder & Disability Law Firm was established to serve the legal needs of senior citizens when their healthcare needs increase. The Firm focuses its entire practice on Elder Law and Estate Planning matters, which encompasses the areas of Asset Protection, Medicaid Planning, VA Benefits planning, Estate and Special Needs Planning. Victoria Collier has grown her law practice through her personable nature and good management skills.

Posted Under: Elder Law Georgia, Victoria Collier