Will Holt CFP® quoted in the News & Observer

September 16, 2013

Financial Symmetry advisor Will Holt, CPA, CFP®, was recently quoted in Raleigh’s News & Observer in an article titled What to Save, and When.

Holt was one of a few local financial planners asked to give some general tips on saving for retirement. It was broken down into stages based on age:

In your 20s: Save
In your 30s and 40s: Prioritize
In your 50s: Budget
In your 60s: Maximize

Holt agrees with the overall message of the article, but emphasizes that all general advice (including his own) should be taken with a grain of salt, because everyone’s personal situation is different and should be considered before taking any major steps.

In the article, Holt was quoted saying:

“Another step, said Holt, is to pay off student loans, especially if they have high interest rates, before saving additional funds for retirement.”

While this is certainly true for most cases, every situation is unique and whether to pay off a debt before adding additional funds to retirement or other savings should be part of an analysis that considers all factors. Having tunnel vision may cause you to miss opportunities that once missed are gone forever.

If you have questions about your personal situation, please get in touch with one of our advisors who can help you plan for the future.

Will Holt

Will Holt is a Certified Public Accountant and Certified Financial Planner™. He has been a trusted advisor in the Triangle area for fifteen years, and with his history in the field of public accounting, is uniquely positioned to assist clients with complexities in the area of taxation.