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Make 2017 Your Best Financial Year Yet

By Chris Risenmay, CFP®

January 2017

For many of us, a new year equals a fresh start, a clean slate, and renewed motivation to tackle our goals. As you enter 2017, take a look at what you want to accomplish. Is your financial health at the top of that list?

As you draw closer to retirement, it’s critical to make your finances your top priority. A shocking 1 in 3 Americans has $0 saved for retirement[1]. Zero, nada, zilch. Another study shows us that one-third of Americans have no financial plan[2], and we all know the truth behind the adage: “If you fail to plan, you are planning to fail.”

Even if you have saved for retirement and are looking forward to your Second Growth years, the beginning of the year is the perfect time to get your financial plan on track, set new goals, and make this year your best year yet.



Get Rid of Financial Stress

Many of us understand the value and importance of creating a plan and having a financial advisor on our team, but are you doing anything about it? Finances are one of the top stressors in our lives, especially when it comes to having enough money to live on in the future. Financial anxiety affects 72% of Americans on a regular basis,[3] and this stress can lead to sleep disorders, ulcers, depression, and can increase the risk of heart disease. If you knew how to mitigate this stress, would you do it?

I get it. There are always bills to pay and other financial responsibilities that seem more pressing, like saving for college for kids or paying off a mortgage or medical debt. But if you don’t plan for the future, it will sneak up on you and catch you unprepared.

Take Care of the Details

When you realize how close retirement is getting, it’s time to look into the often-overlooked details that accompany this milestone. There are multiple questions to address, such as when to take social security, understanding your healthcare options, estate planning, and tax considerations.

As you get closer to retirement, you have multiple things working in your favor that can set you up for a prosperous financial future, like catch-up contributions and being in your prime earning years. Your best bet for making up for lost time is to work with a financial advisor to find out how far behind you are and set goals for your retirement years. You won’t regret taking this step. Besides, what price can you put on peace of mind?

How We Can Help

Financial advisors do more than just invest your money for you. They help you create contingency plans, make sure your family is taken care of, and analyze every aspect of your financial life. Our job is to help you determine how you will protect, grow, and transfer your wealth. We take the time to get to know you and then apply this personal approach to the creation of a financial blueprint that is designed to give you confidence in your financial future.

Let 2017 be the year you get your finances on track and set yourself up for a fulfilling future! Give us a call today at 866.888.6563 to set up an appointment.

About Cypress Wealth Services

Cypress Wealth Services, an independent RIA firm providing financial planning and investment management to high net worth individuals, families, business owners, and institutions. CWS is comprised of professionals with diverse backgrounds and extensive experience and qualifications. CWS is uniquely qualified to serve a broad range of client needs. Their experience and expertise act as a foundation for their client service process, The Second Growth, which focuses on efficiently protecting, growing, and transferring to their loved ones the wealth and legacy a person has already built. With offices in Palm Desert, and Anchorage, the firm serves clients across the country. Learn more by visiting