Covering our Kick-Off Report and common topics for young investors
February 16, 2022
Welcome to Wealth Enhancement & Preservation’s Market Minute, where we get to update you on everything that happened in the financial markets this past week. My name is Cody Moore, and I am a Wealth Advisor at Wealth E&P’s Alpharetta, Georgia office.
I hope everybody enjoyed the Super Bowl this weekend; we've got a number of Georgia Bulldogs here on our team at Wealth E&P, so we were all thrilled to see Matthew Stafford (a UGA alum) and the Rams come through the big win!
This week is actually our Kick-Off report, which is an Economic Update dinner that we host for clients and guests. We go through a thorough market update, analysis, and our outlook on the coming year. We're going to be hosting these at all three of our locations over the next week. If you're unable to attend, we will have a team recording these presentations and we'll be sharing them on our website and social media, so you'll be able to check those out there.
For our topic today, we wanted it to be a little more catered towards our younger investors; maybe that's you, your child, or your grandchild. We get a lot of questions in regards to: “Am I taking the right steps to achieve my financial goals? Am I contributing enough to my 401k? What is the best platform for us to contribute to my new child’s college savings?”
There's never really a one-size-fits-all approach to any of this that works. For instance, one thing we do see fairly often with the 401k is that if all you're doing is just contributing enough to meet the match in your 401k, we've seen historically from our clients that it's just not sufficient to achieve their retirement goals. So, we have ways that we complement that, work with clients to build a structure in place to help them achieve their goals, and get them to what we call a “work-optional” lifestyle. Feel free to reach out to us, and we'd be happy to help you out with that.
If you have any other questions for us, if you want a risk profile, or if you would like a retirement projection, please feel free to reach out or visit www.wealthep.com. Otherwise, thank you so much, have a great week, and stay tuned for our Market Minute next week!
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
At Wealth Enhancement & Preservation, we are here to serve as your financial advisor and source of support in the Alpharetta, GA, Cartersville, GA, and Charleston, SC areas. Our advisors are dedicated to simplifying the complexities of the financial world and as your advocate, we strive to learn about your most valued goals and dreams. From individual investors to entrepreneurs, our services are designed for your success.