No matter your stage in life — caring for children, preparing for retirement, or planning your legacy — unexpected events could derail what you’re working hard to achieve financially.
With so much at stake, you may want guidance from a financial professional. One of your first steps together likely will be to create a customized long-term strategy. You probably have several longterm investing goals — retirement, your child’s college education, and so on — that you’ll want included in your overall strategy.
Next, you’ll want to diversify your investments. That can help you weather different market conditions, though it can’t guarantee profit or protect against losses. A financial advisor can help find the right mix.
One more: You need an emergency fund. For most people, three to six months of living expenses is about right. That may or may not be the amount that’s right for you.
Unexpected events are part of life. Having a professional by your side can help.
This content was provided by Edward Jones for use by Linda Drake, your Edward Jones financial advisor, at (480) 985-2651. Edward Jones, Member SIPC