Financial Wellness is No Longer Optional

Clarity, security, and the comfort of knowing your life is on track – these emotions are essential to good mental health. But when it comes to personal finances, Americans are finding these feelings to be increasingly elusive.  A survey by the American Psychological Association found that money is the leading cause of stress among Americans, and it’s getting worse.  

2020 made many Americans face harsh realities involving their finances. Due to the pandemic, many experienced the whiplash of the stock market’s drops and booms, the risk of job or income loss, or the possibility of increased medical expenses. In fact, according to a survey by John Hancock, over 67% of participants reported feeling financially stressed from the impact of COVID-19. 

These collective stressors are just another thing on the seemingly endless list of financial questions we ask ourselves on a regular basis: 

  • Am I saving enough? 
  • Are my investments too risky?  Too conservative? 
  • How will I know when I can safely retire? 
  • What opportunities am I not taking advantage of? 
  • What are the risks that can blow up my life plan? 
  • How can I benefit my children or grandchildren? 

And we know what financial stress does for both individuals and businesses. Stress leads to health implications; health implications lead to missed work; missed work impacts company’s bottom lines. Financial wellness is one way many companies are supporting their employees’ financial stress. According to Bank of America’s Workplace Benefit Reportover 80% of employers believe that financial wellness tools lead to greater employer productivity. But without a proper guide, many decisions may be left up to the employee to make on their own. 

Think about it this way, it’s like stepping into an aircraft cockpit with no pilot training. You know the aircraft can get you where you want to go, but without the training, it’s just an overwhelming display of levers and gauges. There are two paths you can choose: either go through the rigorous training to become a pilot yourself, or like most of us, take the faster and much more cost-effective path of letting a professional pilot safely deliver you to your destination. 

A trusted financial advisor is much like a pilot helping you navigate to your next destination. Specifically, CERTIFIED FINANCIAL PLANNING PROFESSIONALS™ carry extensive training across all major areas of personal finance – cash flow, taxes, investments, retirement planning, college planning, estate planning and risk management. Many companies are now partnering with CFP® Professionals and financial advisors to help provide their employees, and themselves, with solutions to their personal financial situations – and handing over the wheel to the trained financial pilots.  

 

Have questions about your company’s financial wellness? Click here to schedule your financial wellness consultation.

Office Locations

Louisville

2201 High Wickham Place
Louisville, KY 40245
502.753.0609

Cincinnati

100 E-Business Way
Suite 110
Cincinnati, OH 45241
513.842.1700

Bowling Green

1048 Ashley Street
Suite 301
Bowling Green, KY 42103
270.843.4115

Indianapolis

5750 Castle Creek Parkway North Drive
Suite 170
Indianapolis, IN 46250
877.634.9757

Grand Rapids

607 Cascade West Parkway
Grand Rapids, MI 49546
844.476.2744

Elizabethtown

2901 Ring Rd

Elizabethtown, KY 42701
SCA 270.769.6371

270.990.9000

Paducah

4730 Village Square Drive
Suite 100
Paducah, KY 42001
270.443.8711

Bardstown

713 McDowell Blvd
Bardstown, KY 40004
502.348.1433

Atlanta

3625 Cumberland Blvd., Suite 1485
Atlanta, GA 30339
678.681.9518

All information herein has been prepared solely for informational purposes, and it is not an offer to buy or sell, or a solicitation of an offer to buy or sell any security or instrument or to participate in any particular trading strategy. Portions of the content on this website were prepared by Marketing Library Inc.

Please note: When you link to any of the websites provided herewith, you are leaving this site. We make no representations as to the completeness or accuracy of the information provided at these sites. Nor is the company liable for any direct or indirect technical or system issues or any consequences arising out of your access to or use of third party technology, sites, information and programs made available through this site. By clicking on links above you will leave our website and assume total responsibility and risk for your use of the site you are linking to.

Respective services provided by ARGI Investment Services, LLC, a Registered Investment Adviser, ARGI CPAs and Advisors, PLLC, ARGI Business Services, LLC, and Advisor Insurance Solutions. All are affiliates of ARGI Financial Group. View our privacy policy here.

Argi Gateway Login

Forgot your password?

Call 866-568-9719