The importance of financial planning in times of crisis

Wally Smith:

I’m covering a lot of stuff. It’s a stressful, stressful time for people. They’re wondering whether they’re losing their life’s work, whether they’re just getting ready to retire, and whether they’re going to be able to or not. A lot of that has to do with how their assets are allocated. Whether they have a plan or whether they had a plan. I like to say everybody has a financial plan, or only about, or a quarter of the people out there, their plan is actually written down somewhere, for everybody else their plan is, well, I have some income and investment assets and as life happens I’ll deal with it. Right now life is happening and some folks are dealing with it really well, some folks are not dealing with it so well. Regardless, you can give us a call at 303-438-1031. That’s 303-GET-1031. We will be happy to talk to you through this.

And help you either with the opportunistic side if you have liquidity, or from a defensive side if you don’t, you need to take some steps. Just don’t be frozen. Don’t be paralyzed.