Frequently Asked Questions (FAQ’s)
What is your financial philosophy?
First, I do not believe in debt. Some advisors believe debt is okay if you can potentially get a bigger return using your money on other investments. But my belief is that money should never cost you money and debt carries an expense. Also, debt is risky, especially during turbulent economic conditions. Second, your money should be focused on making you money. Third, my goal is to give you outstanding customer service, so you feel comfortable referring your friends and family to me.
What is your investment philosophy?
I am cautious of the stock market. I believe there are many opportunities in the stock market but only if you have the risk tolerance to navigate the ups and downs. Plus, it is important that you have income before you consider investing. My philosophy is that you should never borrow money to invest in the stock market. We review your risk tolerance and investment suitability every time we meet. And I will only give you recommendations that meet your risk tolerance, investment goals, and financial ability.
Do you charge for consultations?
No, I do not charge for consultations or meetings.
What happens during a meeting?
First, my process is education based. My ultimate passion is educating others on taking control of their finances. I believe the more my clients know and understand financial topics, the better the outcome. I take time to clarify unknowns and I encourage you to ask lots of questions. That said, the first meeting is about getting to know you and defining your financial goals. We will talk about your current financial situation and your plans for retirement. The second meeting is all about your financial plan. Using the information from the first meeting, I will develop a plan with many scenarios to help you visualize which way works best for you. I use software to develop your plan, so you have sound data showing you each scenario. Initially, your plan may include only establishing a budget and paying off debt, which are both key steps to establishing a sound retirement plan. It is important that the plan is done your way to ensure you implement the strategies and stay with it. After you approve the plan, we set up quarterly reviews that take less than one hour. We review your current life events, adjust the plan as needed, and try to make sure your plan is on track with your financial goals.
Why should I work with you?
That’s a great question! In nursing terms, I offer holistic services. My focus and services include financial advising and planning, retirement income planning including optimizing social security benefits and employee retirement funds, and annuities, healthcare planning including Medicare, long-term care and interim plans, managing investment assets, and life insurance strategies for premature death, legacy, and wealth building. My preferred clients are nurses. Being a nurse myself, I bring a creative perspective to the financial challenges nurses face. Learn more about me.