Heres Why A Financial Planner Can Be Your Life Line

Published: Aug. 10, 2016, 7:30 p.m.

b"With Eric Hutchinson, CFP, Managing Director of Hutchinson Financial, Author of\\xa0The Financial Briefing: Answers to Life's Most Important Money Questions

From the first coin or dollar you get in exchange for a lost baby tooth, money plays a big role in your life. You will need it, enjoy it, worry about it, work for it, and, if you play the game correctly, never run out of it. Eric Hutchinson, Managing Director of Hutchinson Financial, knows the rules of the game and has written a book, The Financial Briefing: Answers to Life's Most Important Money Questions, that can guide you all the way to the finish line.
It\\u2019s important to begin your relationship with money early in life, by developing and understanding how to acquire, save, and invest your money. The first step is formulating a plan designed around your own specific needs and priorities, writing down your goals, and then putting everything in place to begin achieving those goals. It\\u2019s a different template for everyone: are you looking forward to an early retirement so you can sail around Cape of Good Hope in your 50s, do you want to provide your children and grandchildren with a legacy, or do you want to have a second home at the beach? And how about priorities? Do you long for a Patek Philippe or are you happy as a clam wearing a Timex?
After you define your goals, Eric advises working with a Certified Financial Planner, a trained money professional, who can act as a coach to put you on your individual track and, most importantly, can keep you on that track, especially when life\\u2019s inevitable curveballs come your way.
Choosing a trusted CFP can be the most crucial step in the process, and Eric\\u2019s book includes the resources available to help you make the right choice. Once that\\u2019s done, your CFP can help you with the smart choices for your financial future. Do you need to set up a trust, is life insurance a necessity, do you have adequate retirement savings? As far as investments, do you need a strategy that produces income or one that increases in value over the long term? A CFP can wade through the varied and complex available options to create your personalized and balanced portfolio.
The Financial Briefing: Answers to Life's Most Important Money Questions is a thoughtfully written guidebook for anyone wanting to live a life of financial security and independence. And who doesn\\u2019t?
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Steve Pomeranz: My guest is Eric Hutchinson.\\xa0 He's a managing director or Hutchinson Financial now a division of United Capital.\\xa0 He's a CFP with over 30 years of experience in financial planning and investments, etc.\\xa0 I've asked him to join me today because he's written a book.\\xa0 The book is"