Charlotte, NC (PRWEB) January 11, 2014
Chris Hobart, the CEO of retirement planning firm Hobart Financial Group, responds to an article published by News Observer on January 4, which reveals that many blue-collar working Americans might not be able to sustain their lifestyle if they retire.
According to the article in News Observer titled “Retirement unlikely for some blue-collar Americans,” many blue-collar baby boomers are concerned with retirement, fearing they will never be able to stop working. Out of the 78 million baby boomers, most don’t have the luxury of a well-paying pension plan or an optimistic view of Social Security benefits in the future. Instead, many of these baby boomers plan on working for the remainder of their lives because they can’t save enough money for retirement.
Chris Hobart, CEO of Hobart Financial Group, the leading retirement planning firm in North Carolina, says financial literacy is a factor in preparing for retirement. “It’s not uncommon for many people to think that they are incapable of saving money for retirement,” he explains. “However, this is mostly due to a lack of knowledge of financial products. By consulting with a financial advisor or retirement expert, everyone should be able to generate some income for retirement over time. The key here is time.
Generating spendable income requires time, so no matter what your financial situation is, there could always be a way for you to save money over time.”
Hobart Financial Group is an independent financial advisory firm dedicated to personalizing service with uncompromising integrity. Its focus on comprehensive, tax-advantaged plans help to provide sound preservation of capital, growing income and increased returns with reduced risk. Chris Hobart, founder of Hobart Financial Group, understands that true wealth means being able to share your life with the people you love, free from financial anxiety. Hobart Financial helps Carolinas’ retirees preserve and protect their wealth with comprehensive financial retirement planning and wealth management.