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State pension plan is at risk according to some experts. As a result, retirees are now deeply apprehensive on their retirement money. Now, where should investors put their money to avoid this crisis? What does financial advisor Glenn Hechler is about to say on this?
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Getting To Know Your Great Financial Advisor Glenn Hechler
State pension plan is at risk according to some experts. As a result, retirees are now deeply apprehensive on their retirement money. Now, where should investors put their money to avoid this crisis? What does financial advisor Glenn Hechler is about to say on this? Expert projected that there will be a pension crisis in the near future. It is where many companies will struggle to fund their defend-benefit pension plans.
Ideally, when you work for a certain company, your company pledges to pay a portion of your salary in retirement this is what we call pension. Then the company will estimate how much money it will need to save to make those payments in the future. The crisis arises when the company does not have enough funds to pay for your retirement pension. Reports are showing that there are about $1.3 trillion unfunded pensions. Scary it may seem it is not the federal government alone who should face this upcoming financial crisis. Pensioners must also think of ways on how to deal with this difficult circumstance.
Prevention is still the best solution. Before getting yourself caught up in this turmoil situation, try to invest early. According to Glenn Hechler a senior investment specialist from National Asset Management with over 20 years of experience in financial industry, in order to avoid being hung up, you should not be fully vested in the market. If you are not fully vested you take the opportunity to buy corrections than chasing rally on the market what you are really hoping for.
He said investors must have confidence and be optimistic. They should fully understand the in and out of their investment. It is not a market for returns, predictable cash flows are the way you build a budget and what investors are building to protect themselves from the financial crisis. Glenn Hechler is well known reliable financial advisor with over 21 years of experience in financial industry. He acquired registrations from SEC as an Investment Advisor and from FINRA as a broker-dealer Registered Representative (RR).
Getting the edge of competition, he passed three important examinations to investment-related matters relating to financial industry such as Uniform Investment Adviser Law Examination (NASAA) State Securities Series 65 on September 28, 2007, Uniform Securities Agent State Law Examination (NSAA) State Securities Law Series 63 on June 6, 1996 and the General Securities Representative Examination General Industry/ Product Series 7 on May 16, 1996.
Glenn Hechler: http://www.nbcnews.com/video/cnbc/37320280#37320280