Independent Financial Advisor / Sportfishing, San Juan Capistrano

Make an Appointment Now to Update Your Investments for 2017

Written by Rick Jensen on .

A new year is a time for fresh starts, new goals, and renewed motivation. New Year’s resolutions usually lead people to purchase gym memberships, pledge to spend more time on their hobbies, or make an effort to reach out to family and friends, but have you thought about making your finances a priority in 2017?

As 2017 is underway, this is an ideal time to reflect on your financial situation and get on track with your investments for 2017.

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Where are Your Finances Today?

What’s the point of creating strategies and plans for our lives? Without a plan, it’s like we are setting out on a fishing trip without proper gear. An investment strategy is the tool we need to help us keep our goals at the forefront of our minds as we work towards them. Having a plan will help you get on track for your retirement so you can focus on today instead of worrying about tomorrow.

Are You Saving Enough?

Did you know that while approximately 96% of pre-retirees and 89% of retirees are concerned about their financial future, only 50% meet with a financial advisor to discuss their situation? (1) Meeting with an advisor doesn’t only help give you confidence and peace of mind, it provides real results!

The data presented in an HSBC study on the future of retirement shows us that those who met with an advisor amassed nearly 250% more retirement savings than those without a plan. (2) Meeting with an advisor can help you determine if you’re saving enough to meet your goals.

Are Your Investments Working for You?

Furthermore, having an advisor on your financial support team means that you also have someone to take care of your investments to make sure your money is working hard for you. Investing is an ideal way to maximize what you have and, as a result, be more efficient with your money. By implementing certain strategies and cutting back on fees, you can make the most of your hard-earned wealth.

How Much Risk is in Your Portfolio?

Do you get stressed over the unpredictable nature of the economy? The markets cause plenty of financial stress for many of us.  We do our part, working tirelessly to save for retirement and hoping our investments grow. But what if there’s more risk in your portfolio than you realize?

Research shows that four out of five investors have more risk in their portfolio than they realize. This can subject them to greater losses in market downturns. Every investor’s risk preference is different, based on their unique situation and personality. It is important to understand your own personal risk preference so that you can ensure that your portfolio reflects it and you aren’t caught off guard.

Do You have a concrete plan?

Do you know what a financial plan looks like? It involves much more than just investing in an IRA. When we sit down to assess your individual needs, here are some questions we will answer:

  • Are you on track for retirement?

  • Could you benefit from estate planning?

  • Do you have adequate insurance coverage?

  • Is there too much risk in your portfolio?

  • Are you paying too much in fees?

  • Do you have a gifting strategy?

  • Have you factored in education planning?

  • Have you considered succession planning for your business?

  • Are there easy ways to reach your goals faster?

Don’t be part of the majority who worries about their financial future but doesn’t take action. I invite you to make 2017 the year that your finances thrive. Your first step to a secure financial future is to meet with a qualified advisor to create a plan for your investments. If you know that you need to take control of your finances, make an appointment now by calling me at 949-481-1807 or emailing This email address is being protected from spambots. You need JavaScript enabled to view it..  I look forward to hearing from you.

Meet Rick

Over a 25-year career in financial services, Rick has helped hundreds of business and personal clients meet their investment goals by developing risk-efficient portfolio management strategies. He holds degrees in Economics and Psychology from the University of California, Irvine.

The water is Rick's second home: He and his family have been fishing Southern California and Baja going on four generations. In the 1940s, his grandmother worked at the Cannery Restaurant in Newport Beach—when it was an actual Albacore cannery. In the 1950s, his father was on the crew that built two of the boats still in service at Dana Wharf Sportfishing.

To schedule a complimentary wealth consultation or to get a second opinion on your financial plan, contact Sportfishing Financial today. To learn more about Rick, visit his website and connect with him on Facebook. To ask a question or get our list of upcoming fishing trips, call 949-481-1807 or email This email address is being protected from spambots. You need JavaScript enabled to view it..

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(1) https://www.soa.org/Files/Research/research-2014-retire-survey-findings.pdf

(2) http://www.hsbc.com/~/media/HSBC-com/about-hsbc/structure-and-network/retirement/pdfs/130905-life-after-work.ashx?WT.ac=HGHQ_FR_nr1.2_On