Predicting the Future
What would you do if you met someone who could predict the future?
You'd probably have all sorts of questions about your future life, or if you should do anything differently. But, the truth is planning for the future doesn't have to be all that hard.
Now hold on, before you start emailing me asking for next year's stock prices let me explain.
Most financial advisors tend to spend a large portion of their time talking with different people from different backgrounds at every stage of life. People in their 30's, 40's, 50's, 60's and even 70's.
What's funny is that when you talk to enough people in a certain group about the same thing different patterns start to emerge.
Recognizing the Patterns
The people in their 30's have very different problems then the people in their 70's.
For example, many people in their 30's want to save for a house and the kid's college.
And a lot of people in their 70's are nervous about stock market crashes and are annoyed about their RMDs.
But what if I told you I thought there was a way to make this kind of intuition much more powerful?
While most advisors spend their time talking with people from different backgrounds at every stage of life, what if someone spent their time talking with people who have similar, or even the same background?
What might the benefits of that be?
Working with a Pharma-focused Advisor
I am familiar with benefits in your industry:
Stock Options, Restricted Stock Units, Stock Purchase Plans, etc.
I am familiar with common concerns in your industry:
Drug Approvals, Expiring Patents, Corporate Buyouts, etc.
I am experienced in financial planning for Pharma employees including:
Retirement Planning
Investment Decisions, Stock Strategies, 401(k) Planning
Cash Flow, Year End Bonus Planning
Business Planning, Transitioning into Consulting Work
Tax Consequences, Long Term Tax Strategies
The Bottom Line
So of course, I can't tell you what the market's performance will be at the end of next year, but recognizing the patterns between you and your elder peers can help shed light on the types of problems you might face someday.
And it'd be great if I could help you plan for them now instead of getting hit with a surprise when you're older and can't do as much about it.
"If only I knew then what I know now", is a phrase I've unfortunately heard far too many times.
This planning is exactly what I do and it's a primary reason why I focus on the Pharmaceutical industry. I feel it makes helping people that much easier.
That's exactly why I wrote my Investment eBook for Pharmaceutical employees. It discusses several important ideas that I've identified for those working in the Pharmaceutical industry, even though many people are not aware of them. It's completely free and you can get it right now here.
This information is meant to be general in nature and should not be construed as investment or financial advice related to your personal situation. Please consult your financial advisors prior to making financial decisions. All investing involves risk, including the potential loss of principal, and there can be no guarantee that any investing strategy will be successful. 01/21