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Financial planning should be part of family life

Money shouldn’t be a hidden. It should be an open discussion at an early time to better the whole family.

Wayne Stutzer, senior vice president and financial adviser of RBC Wealth Management told News/Talk 92.3 KTAR’s Mac & Gaydos that people have misconceptions about retirement.

“We all sort of have right now what I call lack of confidence in the future.”

Stutzer said that many people probably don’t need as much money as they think.

“If you’re debt free, if your house is paid for, if you’re getting cash flow in the door of $4,000 to $5,000 a month, for most Americans, they can do basically whatever they want,” he said.

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