SL_PROFILE_Nick Bunio_1 Page_Final_Layout 1 8 / 4 / 22 9 : 18 AM Page 1 gold - mining stocks — not just risky , but junk ; it was terrible . Even though the economy started to recover in 2010 , she got crushed . She even lost tens of thousands of dollars during the recovery . My grandmother got Alzheimer’s in 2007 . Her first advisor back in the ’ 80s did not advise her on insurance or long - term care planning , simply stocks . So , when she Strong didn’t have the wherewithal to take care of herself , she had to move in with my family and we took care of her . I was graduating high school at the time while I watched this happening to her . Because of my grand - mother , who’s no longer with us , I know Finish every day that I’m putting my clients on a better financial path . FOR NICHOLAS BUNIO OF RETIREMENT WEALTH ADVISORS , PUTTING I’msure every client experience is dif - BOTHPRe - RetiRees ANd RetiRees oN A moRe seCuRe FiNANCiAl ferent , because everyone’s goals are uniqueto them , but take me through a PAth IS A CALLING ROOTED IN PERSONAL EXPERIENCE . typical initial consultation with a client . At that first complimentary strategy B Y P H I L G I A N F I C A R O | P H O T O S B Y N I N A L E A P H O T O G R A P H Y meeting , which lasts between 30 to 60 min - utes , I find out why they’ve come to speak icholas Bunio , CFP ® , is one of those what’s important to his clients , beyond the to a financial advisor . They usually say it’s people who derives a tremendous onesand zeros . because they want to retire — let’s say at age degree of satisfaction from helping We recently spoke with Nicholas about 62 — and to learn if they can financially . That Nothers . While some people choose a range of topics , including the factors that opensup the conversation . If they say they to do their part by feeding the homeless drove him to become a fiduciary advisor , want to retire early , we look at their assets . or fostering animals in need , Nicholas what people can expect from working with Are they too young now to start Social makes a lasting difference in the lives of an experienced financial professional , and Security or have a pension ? When they others by creating customized financial thecommon missteps people make as they retire , do they want to travel or stay local , plans for people who are nearing retirement . approach retirement . play lots of golf , or work with a charity ? We Nicholas’s commitment to helping others review everything . is rooted in a deeply personal experience . Years ago , he witnessed his paternal grand - What is the most common mistake you Q & A mother’sretirement be completely upended seefrom folks as they approach retire - because of poor financial planning . Those mentage ? painful memories drive him to this day , Howwould you describe what you do They’re not saving enough . What I mean is , pushing him to make sure others do not for clients ? they’re not investing enough , not putting suffer similar circumstances . I specialize in helping clients , ages 50 and enough in their 401 ( k ) , not having enough As a CERTIFIED FINANCIAL PLANNER ™ over , focus on retirement planning . These life insurance . In terms of life insurance , with Retirement Wealth Advisors , Nicholas is areboth pre - retirees and those already I’ve seen that after someone passes away an experienced member of a robust network , retired . I help them build and prepare for a who didn’t have enough insurance , the which consists of financial advisors dedicated more successful and enjoyable retirement . spouse is stuck with finding a way to pay entirely to making great financial plans for for bills and maybe for college , and that can clients . He has access to Retirement Wealth’s Why did you choose financial putthem in a vulnerable position . team of more than 85 employees and all the planning as a career ? Also , people need to save early . I sug - resources they bring to bear , all designed to I chose this because of what I saw happen gest they start saving for retirement the provide clients with a world - class experience to my grandmother when I was in high moment they get their first job . They should focused on building the best retirement pos - school . She was with an “ advisor ” back in devise a budget . They should have a rainy - sible . the 1980s and ’ 90s , who was really just a day fund ; you can’t pay your everyday bills Nicholas devotes much of his time to stockbroker.Then this person , who wasn’t with a stock , whether you’re 30 or 60 . guiding clients in a variety of areas that can a fiduciary advisor , retired around the time affect one’s retirement , such as investing , the stock market blew up in 2008 , and What are perhaps the two or three education , insurance , and taxes . He also someone else took over her finances when mostimportant pieces of advice you works hard to make sure he understands shewas 75 . He got her into risky stocks and would give to someone still a few decadesaway from retirement ? First : Invest , whether it’s stock or bonds . InvestmentAdvisory Services offered through Retire - Nicholas Bunio , CFP ® mentWealth Advisors , LLC ( RWA ) an SEC Registered Putmoney away . Second : Even if you’re ? Retirement Wealth Advisors Investment Advisor . Insurance planning offered only 1055Westlakes Drive , # 300 still young and like risk , don’t take on through Bunio Consulting . Neither RWA nor Bunio Berwyn , PA 19312 something crazy , such as investing all in bit - Consulting are affiliated or endorsed by the Social Phone ( 484 ) 883 - 5988 Security Administration or any other government coin . Third : Be mindful of taxes , not just Email : nickb @ retirementwealthadvisors.com agency . Opinions expressed in this article are for edu - whatyou pay today , but what you will pay retirementwealth.com cational purposes only and should not be taken as specific advice . Please consult with your tax and / or in the future . A Roth IRA is tax free in retire - If you have any questions or concerns about legal advisor as RWA nor Nick Bunio provides tax or ment.The cash value of life insurance can your retirement , feel free to reach out to legaladvice . CFP Board owns the marks CFP ® , CERTIFIED Nicholas for a free 30 - minute strategy call . be tax free . Saving is the key . n FINANCIALPLANNER ™ and CFP ® in the U.S . SUBURBANLIFEMAGAZINE.COM VOLUME 13 ISSUE 11 22 |