Government Employee Case Study

Kelsey, age 37 | Primary goal: maximize her income, plan for a family, and invest for retirement.

The Challenge:

Kelsey has been a teacher at the local high school for several years now, and loves her job. She makes decent money and is able to enjoy life every chance she gets with her husband (who works as a firefighter in the same town).

Recently, Kelsey's coworker bought a house in their area and left her wondering "how did they do that?" After talking with her coworker, Kelsey realized that her financial literacy was lacking. 

She knew she needed a change if her and her husband wanted to achieve some of their bigger life goals, but wasn't sure what to do, since she wasn't raised with a good understanding of money.

The Approach:

Kelsey researched some financial planners in the area and selected the first one that popped up on Google - Grabow Wealth Management. 

During their first meeting, Dallas helped Kelsey get a plan together that did several things:

• Understand her current financial situation and a breakdown of where her money was going.
• Get an idea of how much she would need to comfortably afford some of the goals her and her husband had.
• Show her the value of how an advisor could help keep them on track and break bad money habits.
   

Kelsey was sold. Dallas even sent over some additional resources for building Kelsey's financial literacy and assured her that he would be there to answer any questions and help keep her accountable to her goals.

Disclosures: This is a hypothetical situation based on real life examples. Names and circumstances have been changed. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investments or strategies may be appropriate for you, consult your advisor prior to investing.

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