It’s Never Too Soon to Begin Investing in YOUR Retirement (Part 2 of 2)
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Retirement. Have you thought about YOUR retirement? Prepared for it? Planned for it? Done anything towards it? No? We get it. As groomers we’re doers. Producers. We want to see, touch and influence what we create. What we get paid for. That normally includes, fur, suds, brushes, clippers, and scissors.
Planning and investing in our retirement isn’t fun for most of us ‘doers’. It doesn’t feel rewarding. It’s not exciting. And you will not see the impact of your efforts for a very long time. So why worry about it now? The earlier you start actively preparing for it, the bigger your nest egg will be when you DO stop grooming.
Let’s face it. Professional pet grooming is a physically active career. It’s incredibly gratifying – but exhausting. As a groomer, you have an end date when your body can’t take it anymore. Will you be financially stable when your turkey timer pops?
Spending time with a financial advisor can be helpful. They will help you shift your mindset. You’ll quickly learn planning for your financial retirement can be enjoyable, rewarding and gratifying. Plus, there is an enormous amount of comfort knowing your financial future is secure.
And they best part, it’s passive income! You don’t have to physically work for it! Small, incremental investments can yield incredible results with time if it’s invested wisely. Your money will be working FOR YOU verses you working for money!
Join L2GD’s Founder, Melissa Verplank as she talks with her own financial advisor about how easy it is to start planning for your retirement. Jennifer Cobb has been helping people invest their hard-earned money for over 14 years. She loves to help new people understand how important it is to have a plan for their financial future. Jennifer breaks retirement planning down into simple to understand steps.
If you have not planned for your future yet, after this lesson, you’ll understand WHY it’s so important. Our aim is to help you have the confidence to jump in and start the process if you don’t have a plan in place yet.
In this video you will learn:
- What are the 3 retirement investment buckets
- When was Social Security started and why is that important
- Why 401s were created
- Which IRA is the best option for you
- Why is compounding interest so powerful
Approximate total running time: 48 minutes
- Part 1: The 3 Buckets of Retirement Planning (28:24)
- Part 2: The Power of Compounding Interest and Market Trends (20:50)
Jennifer Cobb
Allowing someone into your financial world is deeply personal. It even can be overwhelming. Scary. Intimidating.
As a professional financial advisor since 2014, Jennifer fully understands this.
She believes it is essential for her to understand her clients. What is most important to them? What are they working towards? What do they wish and hope for?
All this needs to be understood before any financial investor makes suggestions with how you spend your money. You’ve worked hard for it.
Jennifer collaborates closely with her clients to figure out a personalized strategy for them - and their family.
Whether they are saving for education. Planning for retirement. Or protecting their estate. Jennifer helps her clients understand their risks and make wise decisions when investing their money. She helps people set goals so they can get to their financial destination - successfully.
Her passion for helping others started early in her career. While working at a credit union after high school, she saw diverse ways people could grow their money. She was intrigued by this.
That intrigue developed a deep desire to share these methods. Today, Jennifer adores helping people work toward financial goals. She has the heart of a teacher. She enjoys sharing her knowledge, knowing it can have a positive impact with many individuals.
One of her favorite things to do is talk to young people about money. She loves helping them understand how to get the most out of their money. Another area she is enthusiastic about is educating her clients about multiple investments options.
Jennifer considers her relationships with clients to be of utmost importance. Why? It allows her to understand their different and individual priorities. It warms her heart when she sees a client achieve the financial goals they have set up together.
Melissa Verplank
Melissa Verplank - CMG, has over 30 years’ experience in the pet grooming industry. Her mastery of grooming techniques has won her numerous awards on a national & international level earning her the right to become a team member on GroomTeam USA. She has been the GroomTeam Coordinator and currently sits on the Board of GroomTeam USA. Ms. Verplank is an industry speaker, author, two time Cardinal Crystal Achievement award winner, Barkleigh Honors award winner and contest grooming judge.
During her formative years she ran a fleet of mobile grooming units and a busy grooming salon. In 1992, Verplank founded one of the Midwest's largest and progressive pet styling training centers; The Paragon School of Pet Grooming Inc. in Jenison, Michigan. Ms. Verplank realized the need for quality training and reference materials. To meet that need she created White Dog Enterprises Inc., a business which develops creative learning products for the professional pet stylist. The leading products for this company are Notes From the Grooming Table, The Theory of Five, and core-skill method training videos geared to training professional pet groomers. In 2007 she opened Whiskers Resort & Pet Spa. The resort has become the premier boarding facility in the west Michigan area offering luxury accommodations for boarding, daycare, grooming, and pet training. In 2010, Melissa launched her latest educational business, Learn2GroomDogs.com, an on-line streaming video library of educational material for all levels of professional pet grooming and styling.
Most recently, Melissa has earned the 2016 Barkleigh Honors Award for Book of the Year with the release of the second edition of Notes From the Grooming Table. Her website, Learn2GroomDogs.com also was its third consecutive Barkleigh Honors Award for Website of the Year.