Watching the market rise and tumble several hundred points on a seemingly daily basis can be enough to make any investor a little seasick. For seniors, either retired or retiring soon and hoping to use their investment earnings to live on, the daily financial news can be downright terrifying. That’s why having a financial advisor like First Senior Financial Group is so important for seniors.
Most financial advisors are multi-purpose or “Accumulation Phase” advisors who are well-practiced in helping to make their clients understand the ups and downs in the market and helping them to understand that they will make money in the long run if they “ride it out.” While this strategy is perfectly acceptable for their 30 and 40 year old clients, it creates problems for clients who are closer to retirement, as they may not have time to “ride it out” before they need to start drawing on their assets. An investor closer to retirement age would be wise to seek out First Senior Financial Group, a group who specializes in working with investors at or near retirement.
First Senior Financial Group, a national firm with a team of elite financial advisors, has been helping seniors for 34 years. Their CEO, Phillip J. Cannella III, pioneered long term care insurance in 1975. Having seen the financial devastation a long term illness caused in his own family, Cannella has since devoted his life to senior advocacy and helping retirees to stay on top of financial matters. First Senior Financial Group has also launched a new website, http://www.crashproofretirement.com , which is a user-friendly site designed to help seniors get the financial information they need in these turbulent times.

Steering seniors through the Rough Waters of Today’s Financial Markets