Retirement Planning? Sexton Advisory Group Shares 4 Key Considerations

Financial Consultant Steve Sexton Gives Millennials, Gen Xers, and Baby Boomers Valuable Retirement Advice
SAN DIEGO - Oct. 5, 2020 - PRLog -- SAN DIEGO, CALIF.—With more than half of Americans not knowing how much they'll need to retire ( and 75% concerned the country is facing a retirement crisis (, millennials, Gen Xers, and even Baby Boomers could use some updated retirement planning advice. To help, Steve Sexton, financial consultant and CEO of Sexton Advisory Group ( in San Diego, California, is laying out the top four considerations Americans should keep in mind when planning for retirement.

Debt. According to a recent study (, 70% of people say non-mortgage debt has impacted their ability to save for retirement. "Look out for credit card debt," advises Sexton. "You may end up paying three times the amount you originally charged due to interest." Sexton recommends striving for the least amount of debt possible in retirement, so to have less pressure on assets, plenty of emergency funds, and ample savings to travel and maintain a comfortable lifestyle.

Inflation. When planning for retirement, Sexton stresses the importance of accounting for inflation for the next 15 to 30 years. "Inflation will affect the purchasing power of your savings," he says, "so it's important to look at investments that will outpace inflation, such as Index CDs and Index Annuities."

Trusts. As a cancer survivor, Sexton is particularly passionate when it comes to organizing trusts. "A trust will ensure you don't leave your loved ones with a mess," he says. "Without it, the state will be in charge of your assets." Sexton was only 42 when he was diagnosed with a cancer that nearly took his life. In addition to organizing assets and estate planning, a trust should also include a health care directive that allows you to name a person to make decisions on your behalf, should you no longer have the ability. "Don't wait on this," he says, "Do it now."

Risk. Understanding risk is an important part of any retirement plan. Sexton recommends regularly consulting with a trusted financial advisor to manage risks and ensure you are investing properly and mindfully. "Investment risks are constantly changing," says Sexton. "Just now, with COVID-19, investments that at one time were considered low risk, may now be considered higher risk. A financial advisor will help you regularly assess your portfolio to reduce risks at any given time."

For more information on Sexton Advisory Group, please visit
Email:*** Email Verified
Location:San Diego - California - United States
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Tyler Barnett PR News
Most Viewed
Daily News

Like PRLog?
Click to Share