Disclaimer: This post was sponsored and provided by Jonathan Taylor of Northwestern Mutual NYC Midtown, as part of an advertising partnership with Bay Ridge Families' Ba(b)y Ridge MamaCon.
We live in financially uncertain times. Maybe you are young and have a growing family, are a soon-to-be-retiree, or are an aspiring business owner, and your financial future concerns you. Bonds, stocks, ETFs, whole-life insurance, term-life insurance, mutual funds, IRAs - the list of confusing financial terms that need to be navigated is daunting. With different advice coming from all over, how does one correctly navigate it all in such confusing and unstable times?
This is when you can use some well-thought-out planning and direction that will help assure and solidify your financial future. “I understand the community’s specific financial needs,” says Jonathan Taylor of the Northwestern Mutual Wealth Management Company. “My associates and I live that life and we can help our clients plan for those periods in their lives when they will need money, and use it both thoughtfully and wisely,” Jonathan says.
Jonathan Taylor is a Financial Advisor who says that he decided to join the team at Northwestern Mutual after studying their history and very successful track record in preparing their clientele for the challenges of the future.
For his part, Jonathan Taylor is a bright and articulate young man. Young Mr. Taylor is highly thought of in the community and is very much in demand to be consulted with by many young growing families, soon-to-be retirees, and business owners who are concerned about planning and securing their economic future.
“I often explain to people the power of small increments that are set aside consistently over time,” Jonathan Taylor says. “It is the power of compound interest and consistency that drive a financial plan and can help secure substantial savings and wealth.” He stresses the fact that even if one has a financial plan in place, circumstances change – a new child, new job, major expense, etc. – and the plan must adapt to the new circumstances. Therefore, he strongly suggests reviewing it on an annual or semi-annual basis.
One of the issues that Jonathan is focused on, of course, is the matter of his clients owning ample life insurance. “The loss of a member of our community is always a tragedy,” he says. “But life insurance can greatly alleviate the financial burden created by such a tragedy. While one would hope that it would never be necessary, life insurance is something everyone should have.”
Jonathan feels that this simple matter needs more emphasis in communities and schools; unfortunately, each time a tragedy occurs a promise is made to pursue this avenue and then it is just as quickly forgotten.
In response to this need, Jonathan has developed different programs where individuals, families, businesses, and other institutions have created life and disability insurance programs for their members. Inexpensive plans are set up for the various members of the groups and can assist them in starting their financial planning journey.
Through a network of specialists, another prime focus of Jonathan’s practice is holistic financial planning. While understanding the anxiety that can accompany long term planning, Jonathan emphasizes the importance of maintaining a long-term strategy. He also stresses the fact that “money under the mattress” isn’t necessarily a viable solution. “Inflation and rising costs diminish the purchasing power of money,” he notes. “A sound investment plan can combat this problem.”
Jonathan concludes: “I’m excited to educate and assist our community in this important need. A financial plan can easily be implemented if given the proper thought and time.”
Jonathan can be contacted through his website, by e-mail at Jon.E.Taylor@nm.com, or by his cell number at 347-723-7428. Consultations are free and can be arranged at the client’s location and time of convenience.
I'm a NYC metro area mom blogger living in NJ with my Japanese husband & our 3 kids (twins plus 1), focusing on fun and honest product and travel reviews, saving moms time finding the best for their families! Find what you need in the menu bar or search section above!