Why You Need a Trusted Contact

What is a trusted contact?  It's someone that your financial advisor can reach out to if something seems unusual with your situation.  FINRA has recently emphasized the importance of having one.  Today, Kevin Dick and Jon Gay walk through the process of choosing a trusted contact and why it's so important. A trusted contact isn't going to be someone that has access to your finances.  Rather, it's someone who figures prominently in your life and knows you very well.  This could be a neighbor, a best friend, or even a relative (but it doesn't have to be). If something is amiss, it's easier to reach out to a friend than it is to alarm a family member.  But if something serious is happening, your trusted contact may know about it. We also spend some time discussing the numerous scams that are targeting pre-retirees and retirees.  A trusted contact may be away to avoid falling victim to some of these crooks.  Kevin shares some examples. To contact KDI Wealth for help with YOUR retirement future: Call: (928) 474-4350.  Or email Kevin: kevin@kdiwealth.com