News Column

Guardian Wealth Management, David Howell Offer Tips for Spring Cleaning One's Retirement Plan

May 7 2013 12:00AM



LONDON -- (Marketwired) -- 05/07/13 -- According to the founder of Guardian Wealth Management David Howell, the time is ripe for individuals to do some spring cleaning -- on their retirement plans. Howell is hardly the only advocate for retirement plan spring cleaning; a recent Wall Street Journal article offers similar advice, exhorting individuals not to delay in evaluating their investment portfolios and their long-term financial plans. Howell has issued a new statement to the press, opining on the Wall Street Journal article and offering a few insights of his own.

"This is not a particularly exciting task, and so, as with cleaning out the garage or changing the air filters, it is something we all have a tendency to put off," Howell affirms, in his press statement. "With that said, taking the time to closely evaluate your nest egg is important, as it will provide you with an indication as to whether you are on track to meet your retirement goals -- or, whether some course corrections are in order."

More specifically, The Wall Street Journal advises individuals to take a look at their bank and brokerage statements, their receipts, and their financial documents -- especially now, on the heels of tax season. By looking at these documents, individuals can determine whether or not they are overspending -- and they can brainstorm ways to reduce spending or to curb their tax bill in the months to come.

There are other reflections and re-appraisals that individuals might make, as well; The Wall Street Journal asks, "When did you last rebalance your investments to keep the mix close to target? How vulnerable is your portfolio to a rise in interest rates?"

Confirms Howell, "These routine reassessments are useful for keeping your retirement portfolio functioning as you need it to in order meet your goals, and to enjoy a comfortable retirement at the age you wish to retire."

Elsewhere, The Wall Street Journal helpfully reminds investors that savings are not an end unto themselves; rather, investment is tied to spending -- and the best way to plan for a stable retirement is to both invest shrewdly and curb spending. "Retirement planning is about building a sustainable lifestyle, and doing a bit of 'spring cleaning' can help you to assess the extent to which your lifestyle is, indeed, sustainable," Howell comments.

The remainder of the Wall Street Journal article offers investors some specific ways in which they can reassess and evaluate their retirement plans.

The founder of Guardian Wealth Management, David Howell, is a veteran of Britain's financial services sector.


Guardian Wealth Management is an independent financial services company, delivering a variety of wealth analysis and management services to clients in the UK, in the Middle East, and abroad. With several offices across Europe and the Middle East, and a large, dedicated team of financial professionals, Guardian Wealth Management is proud to offer retirement planning, education fund planning, and general financial planning services, as well as life and health insurance and beyond. The founder of Guardian Wealth Management David Howell, is a veteran of the financial services industry in the UK.

Source: Marketwire

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