LevelUp

The gravity of your financial decisions becomes so great that you no longer feel comfortable going at it alone. When you first start building financial independence, a 10% blunder on $10,000 probably won’t derail your long-term plans. As your assets grow, that 10% blunder can substantially alter your plans if your assets have grown to a critical mass of at least $500k.

Your financial situation has gotten complicated. Whether your household income is increasing, your compensation structure is changing due to employer incentives, your taxes are becoming more “involved,” or you’re unsure of how the retirement, college, estate, investing, tax, and insurance pieces of the puzzle all fit together, your financial situation is probably more complicated now than it was when you first started out. Your overlying question shifts from “what do I do?” to “am I doing everything I am supposed to be doing, and am I doing it in the most efficient manner possible?”

There aren’t enough hours in the day. Trying to balance work, family, community, and recreational activities can make it extremely difficult to carve out time to focus on your financial affairs. Life gets busy, and the busier it gets, the more you want to make sure you can focus on those things that truly matter. Having someone help take some of the financial burden can create the abundance that you need.

Abound Wealth’s minimums fall between $500k–$750k, depending on account structure and personal circumstances. It generally makes the most sense to bring on a holistic financial advisor after you’ve reached at least $500k in assets.

With free information available, including our Money Guy show, staying on top of your financial life is easier than ever. Take full advantage of the resources available at moneyguy.com to keep growing your wealth.

Getting close? You may also be eligible for LevelUp, our short term dedicated financial planning support to help close the gap.