The Importance of Financial Literacy for Individuals at or Nearing Retirement

Oftentimes, financial literacy is associated with younger individuals and their need to understand how to properly apply financial skills as they begin to earn their own money. Nevertheless, it is equally important for those at or nearing retirement to stay educated. In celebration of National Financial Literacy Month in April, we encourage you to take time to get educated, review your financial planning strategy, and ensure you are up to date regarding policies that can potentially impact your retirement planning.
Staying current on news and changes that affect your financial situation is not always easy – but that is where we can help! Part of getting educated is working with the right financial advisor who can help you stay current on policy changes that are important to your retirement. For example, are you aware of how the new 2022 RMD tax rules can impact your retirement strategy? We work with clients to not only keep them in the know, but continuously ensure their plan is updated to address new regulations and minimize taxes.
Working with an experienced, educated financial advisor will enable you to have more money throughout retirement and make it last! If you want to make sure your retirement planning strategy is effective, reach out to us at (661) 297-7566 or visit www.PiersonWealthManagement.com.
Pierson Wealth Management is located at 28368 Constellation Rd., Ste. 396, Santa Clarita, CA 91355. Securities and advisory services offered through Cetera Advisors LLC (doing insurance business in CA as CFGA Insurance Agency LLC), member FINRA/SIPC, a broker/dealer and a Registered Investment Adviser. Cetera is under separate ownership from any other named entity. CA Insurance Lic# 0C92500.