Retirement Coach Greg Taylor Offers Helpful Tips To Build Your Best Retirement Plan
Retirement Coach Greg Taylor discusses three straightforward strategies to help families grow towards a stronger financial future.
Dublin, OH – January 1, 2013 – Greg Taylor, Founder and CEO of Legacy Retirement Group, LLC, recently discussed how time impacts your retirement money, and offers ways to help build a strong retirement plan.
“I find that time, math and money rarely move in the same direction,” remarked Greg Taylor. “It is quite strange because the whole idea of compounding interest and capital appreciation are based on a rate of return compounded over time. In fact, the math for appreciation is based on four variables: Present Value, Future Value, Rate of Return and Time.”
“Logically, time, money and math should be aligned and making retirees (and soon–to-be retirees) money – right?”, asked Greg. “Well, Maybe. If you take risk with your money values can go up — but they can also go down. Market historians and verified data offer long term rates of return that are very attractive but when the economy gets rough, money can (and has been) lost, which is not helping folks and their families grow towards a stronger financial future.”
Greg Taylor offered three simple strategies that can help those who are saving and planning for retirement stay on a responsible path:
- Diversify between many different types of assets – Avoid biases such as, “I only invest in mutual funds, or just stocks and bonds,” and do not build in a bias towards products you may not understand, such as: “I don’t believe in life insurance.” Allow yourself to be open to all possibilities – they all may have a lot of merit in a well-designed plan.
- Do not try to time anything. Instead build a great plan based on sound retirement planning principals and then stick with it. Allow time to work for you and do not allow your emotions to work against you and your money.
- Take the time to review. Keep track of where you are, what you have and where you want your retirement planning to go. That is the ultimate key to utilizing time and achieving planning success.
For more information on this topic, or to learn how Greg Taylor can help, please visit http://www.legacyretirementgroup.com/.
About Greg Taylor:
Greg Taylor is commonly referred to as the “retirement coach,” and has been serving and educating retirees for over a quarter of a century. In 1994, he founded Legacy Retirement Group, LLC in Dublin, Ohio.
Taylor is a member of many distinguished industry organizations. He was recently named, ‘Advisor of the Year’ by a national industry organization for his commitment to client education and perseverance in reaching out and assisting Ohio’s community with retirement planning issues.
As a veteran of the financial services industry, Taylor has the knowledge and expertise to help retirees and those transitioning into retirement develop a comprehensive plan to protect against taxation, inflation, long-term illness and probate. Taylor attributes his success as a Financial Advisor to his passion for helping others, his pursuit of providing financial security in the golden years and his commitment to client satisfaction.
Taylor is the host of an hour-long radio show every Sunday morning on 610 WTVN. He also has several exciting initiatives in the works including a weekly television show, but the crowning jewel is his best selling book, “Winning Retirement”.