Retirement Resources President, Dave Boike, Encourages Readers To Waste No Time In Getting Serious About Retirement Planning With Upcoming Changes To Social Security.
Retirement Resources President and Investment Advisor, Dave Boike, encourages solid financial planning for retirement as the best option with decreased Social Security benefits possible in the next 10 years.
Auburn Hills, MI — April 12, 2023— Dave Boike, President of Retirement Resources and co-author of The Ultimate Success Guide with Brian Tracy published a new article post on the company website entitled, “Now’s The Time To Get Serious About Retirement Planning,” in which Mr. Boike addresses those who will be retiring in the next 10 years.
Boike states, “If ever there was a time to get even more serious about retirement planning, this is it.” He continues, “Especially if you are planning to retire and collect Social Security Benefits in the next 10 years.” As Boike notes, “With more and more Baby Boomers reaching retirement age and taking their SSI benefits every day and people living longer, according to the experts, the trust fund that pays Social Security benefits will be depleted by 2034. As a result, various plans are being discussed including increasing revenues dedicated to the program, raising the full retirement age, and decreasing the program’s benefits. None of these plans favor SSI recipients.”
Boike encourages readers to “make the most of the next 10 years.” According to Boike, “The best plan is for every individual to get more serious about retirement planning NOW! It’s time to really dig in and create a plan that is going to provide the greatest, most stable financial foundation for your retirement years.” Boke adds, “If you already have a plan, you might want to schedule a review with your financial planner to see if there are ways you can contribute more or make adjustments that will be more beneficial in the long run.”
“If you don’t have a plan in place,” Boike writes, “I encourage you to find a good financial advisor/planner and get started. While 10 years may sound like a long time, it isn’t. It will go by in a flash.” Boike points out that, “Having a plan is always better than not having one. We’ve all heard the expression attributed to Ben Franklin, “If you fail to plan, you plan to fail.” When it comes to retirement for most people, that expression has never been more accurate.”
Read the entire article HERE.
About Dave Boike
Dave is a well-known financial educator, co-author of The Ultimate Success Guide with Brian Tracy, author of High Tide and contributing author of 21st Century Wealth. For over 30 years, Dave has been teaching investors age 55+ how to preserve their assets, increase their income, and reduce income taxes. He has taught Retirement Planning Classes at Michigan State University, Wayne State University and Oakland Community College.
For over 4 years, Dave was featured on NBC25 every weeknight at 6PM, discussing the daily market wrap-up. Many area retirees have used Dave’s advice to enjoy a financially independent retirement.
Dave is a Chartered Financial Consultant, a designation awarded only to the most experienced advisors who have completed a 10-course program of study, through the American College in Pennsylvania, focusing on Tax, Investment, Risk Management, Retirement and Estate Planning. He is an approved Member of the International Association of Registered Financial Planners, the Society of Financial Service Professionals. As a strong advocate of education, Dave recently spoke at The Michigan Association of CPAs, and has taught retirement planning classes at Michigan State Education Center, Wayne State University, and Oakland Community College
Dave’s latest book, High Tide, A Practical Guide for Affluent Retirees to Protect, Profit and Prosper from the Coming Storm, talks specifically on the important challenges retirees are facing today and some new cutting-edge solutions to address those challenges. He teaches you in this easy-to-read book how to take the steps necessary to achieve your successful retirement.
Dave is Managing Member and Chief Compliance Officer of Retirement Resources, LLC, a Registered Investment Advisory Firm. Every year, since 2011, Retirement Resources has been awarded the 5 Star Wealth Manager of Michigan, which is only given to the top 7% of advisory firms.
This content is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of the date of writing and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources is believed to be reliable but not guaranteed. Past performance is not indicative of future results.