Achieving a comfortable retirement requires several good financial decisions that lead to a never-ending stream of paychecks when employment officially ends. These financial decisions include saving and investing in strategic places with specific designs and intentions. However, with the current spending habits of the majority of the people, especially that of millennials, saving for retirement is now a challenging feat.
With millennials preferring to purchase products for temporary convenience and comfort, it was found that they spend more on expensive things now, that can be enjoyed for only a short while. In fact, numerous studies have shown that a large number of the American working population has little-to-no savings. However, what they own is a hefty amount of branded material things and the ability to spend several dollars on single-use cups of coffee. It is alarming in a way that shows people’s lack of financial preparedness in times of emergency. But that is what a company with a ‘Retirement Lifeguard’ aims to address – to provide financial management solutions to people in order for them to become prepared and fully provided for during their retirement years.
Founded by Gregg Lancer, the determination to create his company took inspiration from Gregg’s career path. As a retirement income specialist and a financial services professional since 1996, it has been almost his entire life’s work to manage finances – both his own and that of his friends and family, who’ve become clients. Apart from gaining experience from the finance industry, Gregg was also a lifeguard. With career paths that involve certain levels of risk and protection, Gregg then thought about combining the two and innovatively launched the concept of, which later turned into a company, My Retirement Lifeguard.
Using a lifeguard’s job as a metaphor and as a reflection to the Retirement Lifeguard’s vision and mission, it is the company’s aim to safeguard their clients from unexpected sharks and strong riptides of the financial marketplace. In other words, the company exists to help you prevent yourself from drowning in debt and poor financial decisions that could jeopardize your retirement. It also serves as a guide to people and educates them to be financially smart in this dog-eat-dog world. It is admittedly challenging, but Gregg has formed a system that works for both the company and the client. He has designed strategies so that the company can provide the best possible protection for clients, even those who are financially illiterate.
With the people’s welfare in mind, this Retirement Lifeguard protects and preserves the client’s hard-earned assets without risking loss to their principal. Gregg made sure that his company protects its clients’ interests at all times, and maintains open and frequent contact. He has witnessed the fruit of his labors with the company’s initiative to save people from making foolish financial decisions, as people are taking their finances seriously, in a way that the future, though uncertain, appears brighter and more comfortable.
My Retirement Lifeguard is a company that does more than financial management. It prepares you for what life is like beyond our working years.