For parents, the questions never stop no matter the age of your children. Perhaps your new college graduate needs financial direction on what to do with his or her first paycheck? Or your adult child has questions about goal prioritization, such as paying down existing debt versus saving for his or her first home. Maybe your newly married son or daughter has questions related to combining finances with his or her new spouse. Knowing how much things have changed since you were in their situation, would you know the answers? We do. At Bedel Financial, our GenerationNeXt™ Service can answer these questions, and more.
Seven years ago Evan Bedel, CFP®, started GenerationNeXt™. At the time, it was a one-person team. Since then it has grown into a group of young financial advisors led by Evan. Our team consists of Abby VanDerHeyden, CFP®; Anthony Harcourt; Austin Stagman and Kate Arndt. You can learn more about the GenerationNeXt team members here.
GenerationNeXt™ provides young professionals, between the ages of 20 and 40, guidance on financial decisions. It is our goal to partner with these future wealth accumulators to assist them in building a strong financial foundation. Our aim is to make a positive impact on young individuals’ financial lives and to create ongoing relationships that last over the years.
Like most generations, millennials are more responsive when receiving guidance from a peer rather than from a parent. Evan recognized this and created GenerationNeXt™ to fill this gap. It’s a win-win for both generations. Millennials receive solid guidance from financial advisors who are knowledgeable about their needs and concerns—because they are often facing the same issues. And parents get increased peace of mind knowing their children have a trusted advisor to grow with through all their life stages.
The GenerationNeXt™ team creates financial plans geared specifically for future wealth accumulators. While the plans cover traditional topics—goal prioritization, debt reduction strategies, savings strategies, retirement planning, education funding, investment planning, life and disability insurance analysis, and basic estate planning—the GenerationNeXt™ approach takes into account the priorities, current earning power and tendencies specific to young professionals.
We have additional resources for young adults. The GenNeXt Blog can be accessed on our website. It offers sound financial advice for young professionals on a variety of trending topics. Each quarter, our top blog posts can be found in this section of the Bedel Financial newsletter. So, parents, you can relax! We’ve got multiple ways for young adults to get their questions answered! Sign up here.
Contact the team at GenNext@BedelFinancial.com if you have questions or would like additional information regarding this topic.
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