When It’s Time to Take Advice

When it comes to investment planning, the short answer is: now.


Published:

From left to right: Glenda Harris - Sr. Registered Client Associate, Officer, Jason B. Ford - Senior Vice President – Investment Officer, Morgan Sawicki – Client Associate.

Retirement may seem like a far-away concept, and savings may be something you know that you’ll need, but not exactly what for or how much is really “enough.” If this is you, financial advisors are here to help, because you’re going to need a little more precision than that to ensure you have enough for your ideal lifestyle plus the unexpected costs you’ll inevitably incur along the way. 

 

As Jason Ford, Senior Vice President – Investment Officer, of Ford Financial Group of Wells Fargo Advisors explains it, investing for your future alone can be like going on a road trip without a map or navigation system. If you cannot make a plan to follow, you will probably reach your destination, but you’ll make a lot of wrong turns, and it will take much longer to arrive. 

 

“As investment planners, we have developed a formula for setting goals and reaching them,” says Jason. “To return to the analogy, we have the map and we help our clients follow it.” Not only do they help each client set customized goals, they also hold them accountable by setting plans to reach them.  

 

Here are Ford’s top tips to help you get started: 

  1. Invest when you are young. You are growing your net worth and you stand to make exponentially higher gains in stocks than you do when you leave your money sitting in a bank. 
  2. Take advantage of benefits your employer offers, like putting a percentage of your pre-taxed salary in a 401K each month, where it will grow in the market until retirement, when you can use it to supplement your more limited income flow. Ask if they offer 401K matching—that will double your invested percentage without taking anything else out of your salary. 
  3. Invest another small percentage of your monthly salary in a Roth IRA. This money will have already been taxed, but provided you wait until retirement to take it out, there will be no taxes on the amount it grew while it was invested. This way you avoid the typical taxes involved with each stock transaction you participate in.
  4. Think about investment plans like 529 accounts for your kids’ education so you don’t have to pay for it all out of pocket when the time comes. 

These generalizations can help you build your savings with confidence but for a more personalized perspective on your individual situation and desires, you can always consult a investment planner for some seasoned advice. 

Jason Ford is the leading financial advisor of Ford Financial Group of Wells Fargo Advisors. To learn more about his team and their services, visit http://www.ford-financialgroup.com.

Wells Fargo Advisors is not a legal or tax advisor.

401(K) withdrawals are subject to ordinary income tax and may be subject to a federal 10% penalty if taken prior to age 59 ½.  Qualified Roth IRA distributions are not subject to state and local taxation in most states.  Qualified Roth IRA distributions are also federally tax-free provided a Roth account has been open for at least five years and the owner has reached age 59 1/2 or meets other requirements.  Withdrawals may be subject to a 10% Federal tax penalty if distributions are taken prior to age 59 ½.

Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC, Member SIPC.  CAR – 0818 – 04288.

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Greatest Chefs 2019

Chefs are invisible artists. They keep us salivating, our minds fixated on the last time we ate at our favorite restaurant, and when the next time we plan on going. For all the times we stuffed our faces with our favorite dish, let’s give it up to the chefs behind the meal. Nominate your favorite chef now!

Greatest Pets 2019

Man's Best Friend can be South's Greatest Pet with the right amount of love. Enter your pet and get those votes! Limited to South East Georgia and the Low Country. Nominate your favorite pet now!
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Events Calendar

  • "The Prints of Dame Laura Knight" Exhibition at Telfair Museums

    Jan 19, 2019
    10:00 AM - 5:00 PM @ Telfair Museums' Jepson Center

    Telfair Museums exhibits nine prints by Dame Laura Knight (British, 1877-1970), together for the first time since they were acquired by the museum...

  • Ready. Set. Summer. at Bluemercury!

    May 13, 2019
    10:00 AM - 8:00 PM @ Bluemercury

    Summer is quickly approaching – stop into your local neighborhood beauty store Bluemercury for all the essentials you need to refresh your summer...

  • "Keita Takahashi: Zooming Out" Exhibition at Telfair Musuems

    Jan 24, 2019
    10:00 AM - 5:00 PM @ Jepson Center

    Telfair Museums hosts the first museum survey of the work of visionary videogame designer Keita Takahashi (Japanese, b. 1975). Takahashi is noted...

  • “Jaume Plensa Talking Continents” Exhibition at Telfair Museums

    Mar 01, 2019
    12:00 PM - 5:00 PM @ Jepson Center

    Jaume Plensa (Spanish, b. 1955) is one of the world’s foremost living sculptors. He is widely known for large-scale public artworks and more...

  • "Rembrandt and the Jewish Experience" at Telfair Museums

    Mar 15, 2019
    12:00 PM - 5:00 PM @ Jepson Center

    This exhibition contains 21 etchings by Rembrandt and one drawing by Rembrandt’s teacher Pieter Lastman (Dutch, 1583-1633). These works highlight...

  • Rembrandt Exhibit

    Mar 15, 2019
    All Day @ Jepson Center

    Rembrandt lived and worked in Amsterdam during the Dutch Golden Age in the 17th century. Although most residents of Amsterdam during...

  • Savannah Arts Academy Class of 2019 Graduation

    May 21, 2019
    9:00 AM @ Savannah Civic Center

    The Class of 2019 of Savannah Art's Academy will be graduating at the Civic Center May 22 at 9 A.M. Students will be given 20 tickets to give...

  • Teacher Tuesdays

    May 07, 2019
    5:00 PM - 7:00 PM @ 39 Rue de Jean

    If you're a teacher, come visit us at 39 Rue de Jean on May 7th, May 14th, May 21st, and May 28th from 5pm-7pm for a glass of bubbles on us. We...

  • 200th Anniversary Celebration

    May 22, 2019
    5:30 PM - 9:00 PM @ Ships of the Sea Maritime Museum

    Join us for the 200th anniversary of the SS Savannah's historic trans-Atlantic crossing - the WORLD'S FIRST oceanic voyage under steam! In...

  • Fermenting Our Meditation Practice with Susan Lamb

    May 01, 2019
    7:15 PM - 8:30 PM @ Savannah Power Yoga

    Most of us begin meditation practice hoping to feel less anxious, to be more focused, or remain in a steadier state when approaching the challenges...

  • National Maritime Day

    May 22, 2019
    All Day @ Ships of the Sea

  • SS Savannah (1819-2019)

    May 23, 2019
    10:00 AM - 5:00 PM @ Ships of the Sea Museum

    2019 marks the 200th anniversary of the SS Savannah's groundbreaking trans-Atlantic crossing.  In recognition of this monumental achievement,...

  • SS Savannah (1819-2019)

    May 23, 2019
    10:00 AM - 5:00 PM @ Ships of the Sea Museum

    2019 marks the 200th anniversary of the SS Savannah's groundbreaking trans-Atlantic crossing.  In recognition of this monumental achievement,...

  • Moose Tracks - 10,000 Scoops Challenge

    May 23, 2019
    11:00 AM - 3:00 PM @ Ellis Square

    Enjoy FREE Mayfield Creamery Moose Tracks Ice Cream to help raise $10,000 for The Salvation Army of Savannah. Moose Tracks is partnering with...

  • Hospice Savannah Party and Art Auction

    May 23, 2019
    5:30 PM @ Cha Bella

    Hospice Savannah’s  Board members invite the community to celebrate 40 years of “The Art of Living”  at a Summer Nights Party and Art...

  • Friday Concert Series

    May 03, 2019
    7:00 PM - 12:00 AM @ Historic Courthouse, Downtown Blairsville on the S

    Come enjoy live music every Friday Night from the first Friday of May through the end of October. The Historic Union County Court House will host...

  • Savannah Mile

    May 25, 2019
    8:00 AM - 1:00 PM @ Forsyth Park

    The 14th Annual Savannah Mile presented by the Two Hundred Club of the Coastal Empire honors our fallen first responders, their families, and our...

  • Bug Fest

    May 25, 2019
    10:00 AM - 4:00 PM @ Savannah Children's Museum

    Savannah Children’s Museum invites the public to attend Bug Fest 2019, the annual family-friendly celebration abuzz with bug crafts,...

  • Interstellar Echoes Present Pink Floyd!

    May 25, 2019
    8:00 PM - 10:00 PM @ Tybee Post Theater

    The Southeast's premier Pink Floyd Tribute, Interstellar Echoes, back at the Post after a sold-out concert last year, pride themselves on...

  • Franklin Pond Chamber Music Competition and Awards Concert

    May 26, 2019
    4:00 PM - 6:00 PM @ Spivey Hall

    The third annual Franklin Pond Chamber Music Competition Awards Concert on Sunday, May 26, 2019, 4 p.m. showcases Georgia’s most talented young...


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Scenes of the South

SCAD40 Block Party

SCAD celebrated their 40th anniversary with a grand block party. Fellow alumni reconnected with university faculty and staff. ShopSCAD had live artist demonstrations, live music at the Gryphon, keepsakes and SCAD40 merchandise to purchase at the Art’s Café, SCAD food trucks with tasty treats and much more.

Kessler Collection’s Armstrong-Kessler Mansion Ribbon Cutting Ceremony

Local hotelier Richard Kessler and his company The Kessler Collection officially cut the ribbon on his newly restored home in Savannah, the Armstrong-Kessler Mansion. This iconic home celebrates its 100th birthday this year, and his been meticulously restored to its former grandeur as one of the foremost examples of Italian Renaissance architecture and design in America. Congratulations to Richard Kessler and The Kessler Collection!

The Clyde

The Clyde Venue is Savannah’s newest, most modern, wedding venue located in the Historic Landmark District. The space has been completely renovated, and a work in progress for more than a year. The venue is 5,200 square feet and includes a grande room, large marble bar, catering prep area, and restrooms. It’s located at 223 Martin Luther King Boulevard.

The Fire Ball

IAFF Savannah Firefighters gathered together at Savannah Station March 15th to celebrate with friends and family. They welcomed their newest members, honored those that recently retired and acknowledged departments joining from around the world! The event was a blast. From 6pm-10pm guests danced to live music, sampled premium foods and even played with local puppies up for adoption.

Savannah's Newest Hot Spot Opens

SEED Eco Lounge, Barrelhouse South and Rogue Water welcomes a new addition to the family. Vice is located on Broughton at Saya's former location. Few pursuits tap into the pleasures of nightlife more than music. Giving yourself over to the rhythms, the lights, and the energy is a total release. Amazing DJs get the crowds moving, and other patrons ensure that there's plenty to see and socialize with. This sleek and sexy underground spot is sure to be one of the best spots for Savannah's night life.

The Royal Flush Casino Night Presented by Roto-Rooter Plumbers of Savannah

Roto-Rooter Plumbers of Savannah hosted “The Royal Flush Casino Night” on Thursday, Feb. 28, at the Savannah Station, with all of the proceeds going to benefit families at the Ronald McDonald House of the Coastal Empire. The casino-themed party will feature heavy hors-d’oeuvres, an open bar, live music, dancing and complimentary casino.

The Telfair Ball

The 39th annual Telfair Ball celebrated the 200th anniversary of the remarkable architecture of Telfair Museums historic buildings and the pioneering legacy of Mary Telfair. This year the Ball was held in Forsyth Park among a myriad of carnival performers and fanciful nymphs. Hundreds of Savannah locals and many visitors came together to celebrate a love of art and South Eastern heritage. The ball supports the future of the Telfair Academy, the Owens-Thomas House and Slave Quarters, and the Jepson Center. Proceeds directly fund the museum's educational outreach, exhibitions, and release activities, bring the benefits of art to over 190,000 people each year.

Hearts for Healing Gala

The Faith Equestrian's Annual Hearts for Healing Gala at Tybee Wedding Chapel on Friday evening started out with a bang as the Free Spirit Orchestra' violin twins played their rendition of some of the greatest musical hits. The attendees were reminded what the event was all about as the founder Bonnie Rachael was recognized after story after story was shared to a room of teary eyed party-goers. Congrats to event director Bonnie Karr and her amazing team for a job well done!

Southern Coast Heart Ball

The American Heart Association's 22nd Annual Southern Heart Ball took place on February 2, 2019 and celebrated all the life-saving advances made so far while raising funds to continue to further AHA's mission. The black-tie gala brought together more than 400 guests to enjoy a night of dining, dancing, live entertainment and both live and silent auctions. Those in attendance got to hear the story of Lily Cochran, who was born with several congenital heart defects. Her father, a veteran of the U.S. Marine Corps, also had a heart disease and was honored at the event.

PUTTING Away Crime

On Saturday, January 12, 2019 Savannah helped McGruff the Crime Dog take a bite out of crime at the Crimestoppers Savannah's 3rd Annual Putt Putt Mini Golf Tournament held at Island Miniature Golf and Game on Wilmington Island. Proceeds went to helping fund rewards for the Crimestopper's anonymous crime tip line.