Potter Financial’s 77042 Investment Services were designed with flexibility. This allows us to tailor our suggestions to fit the needs of the individual. We offer several different investment services, and even within those services, we provide a lot of variabilities. Which services you need will depend on as many different factors. For example, your age, income, and goals will all play a part in determining which services you need from Potter Financial. And as time goes by, those needs will likely change. Fortunately, we’ll still be able to help. Keep reading below to learn about how our services are made unique for each type of Houston resident who may need them.
77042 Investment Services for Young Adults
If you’re in your twenties or early thirties, you should take advantage of your youth. Even if you don’t have a lot of income, there are things you can do. The most important thing is to pay off your debt if you have any. We ascribe to Dave Ramsey’s style of debt reduction, and by following his methods, you’ll likely make a lot of progress.
We recommend paying off your debt before you begin investing. That’s because if you still have debt when you start to invest, especially for retirement, you may be convinced to sell your holdings to pay off debt when you can no longer avoid it. Furthermore, keeping liquid capital on hand when you’re in debt is vital; you never know when you’ll be in a compromising situation that requires you to pay off the debt immediately. Furthermore, if you have debt, there’s a chance that you don’t have adequate emergency savings. And to learn why you need emergency savings that can cover all of your expenses and debts for at least three months, re-read this paragraph.
However, if you are in a position to invest, it’s an excellent position to be in. Because you have a much longer time before expected retirement, you can typically afford to take a few more risks when it comes to investing. If you haven’t already started saving for retirement, now is a great time to develop the habit. And when you invest, you clearly see how much of a difference a little bit of money can make.
How Potter Financial Can Help
Developing a financial plan early in life can help you manage your expenses for the rest of your life. Work with a financial advisory firm with the insight to remind you of future life events that will require your attention (and money). Our financial planning services are a great option for young folks, both those in a position to invest and those who are not.
For those interested in investing (and even those who aren’t), our account management services are a great first option. Having a financial advisor inform you of stock market behavior and strategy can benefit you greatly. Our managed account services allow you to watch your money grow and learn in the process.
Investment Services for Middle-Aged Adults
From your 3os onward, its time to start getting serious about planning for retirement if you haven’t already done so. You’ve matured and, most likely, so has your income. This means that the contributions you make to your retirement fund will make the most impact during this time period. And while financial planning as a young adult is an excellent idea, planning during your 30s or 40s can possibly paint a clearer picture. You’ve probably settled into your job or at least your industry of choice. You’ve also likely started a family and moved into a home. Thus, your plan will render a closer approximation of your life, both currently and after retirement. You’ll have a better idea of what to expect. This gives us a better idea of what to plan for.
Let Potter Financial Help
We offer retirement planning services for all ages. If you haven’t started actively planning for retirement, now is the time to do so. Retirement planning requires more than putting money into a designated account. Our retirement planners will help you determine precisely how much you need to save, how much you can actually afford to save, and the best way to actually do so. What we uncover will probably surprise you.
Many middle-aged adults are fortunate enough to have a 401K. In addition to setting up your IRA, Potter Financial can actually help you manage all of your retirement accounts. We offer managed accounts in which we make portfolio adjustments on your behalf.
Older Adults’ Investment Services
If you have fewer than ten years between the day you visit Potter Financial and the day you intend to retire, you have two options.
- Let Potter Financial’s financial planners help you maximize your retirement savings
- Postpone your retirement date
We’ll discuss either option with you in more detail when you visit our office. At the stage of your career, it may be too late for long-term investments. It’s not that you can’t invest your savings at this time, but that the returns are typically much better when there’s a longer time period for growth. On that note, short-term investing can be hit-or-miss. When it comes to retirement savings, it is not a risk you should be willing to take. Fortunately, our financial advisors are sure to have a plan that’ll work for you. Everyone deserves to retire comfortably, no matter when they started saving or investing.
Contact Us To Help You Achieve Your Financial Goals!
Investing can pay great dividends in both the short-term and the long-term. As such, a financial firm with a vast knowledge of the ins and outs of the stock market can be of great help to you and your family. By choosing Potter Financial, you’ll receive great financial services from experienced and talented financial advisors. The goal here is to use our experience and dedication to help clients on their path towards their financial objectives and dreams.
Potter Financial is here to help you. We take the time to understand your unique financial situation so that we can develop the best strategy for you. Our financial services can help you. Call (713) 972-1316 or contact us online. We’ll schedule your free consultation and get you started on the path to success with our 77042 Investment Services, learn more here.
Houston TX Fun Facts
- The largest shopping mall in TX is Galleria.
- Buffalo Bayou has a Burping Bubble!
- Two hundred fifty thousand bats come from under Waugh Drive Bridge each night.
- Click here to learn more.