Delays and Expecting the UnexpectedSubmitted by MidWestOne Investment Services on August 8th, 2017
I had the privilege of attending the LPL Focus conference this week in Boston. When I left Sunday morning, the weather was absolutely perfect. It didn’t matter though, as my flight ended up delayed, causing me to miss my connection in Chicago. I caught a flight a few hours later and finally made it to Boston. My buddy Mike Roozeboom who works in our Pella office also made the trip. Our return flights were scheduled to leave Boston on Wednesday within five minutes of each other. I was fortunate to make it out. Mike wasn't as fortunate: his flight was delayed due to the bad weather on the East Coast. He didn't get out until the following afternoon. Perfect weather has delays and not so perfect weather has delays. That airline business is tough!
So how does that story relate to anything regarding financial planning? Be ready for different, unexpected outcomes. Together, we will build a plan that covers multiple contingencies. Maybe your sunny retirement gets hit with an unexpected delay. Or better yet, maybe your preparation allows your plan to get you out of the storm’s path and home in time. LPL Financial provides us with many tools for planning, research, and much more to put us in a position to help you build a plan to succeed through various weather forecasts.
If you haven’t had a chance yet, please explore our website. Check out our bios, determine your risk score, or read the latest market and economic commentaries from LPL Research. It’s all here and is a great resource.
Have a great weekend and thank you for taking your time to read this!!