Focus Magazine of SWFL Hot Summer Looks | Page 43

Preserving Your Wealth By Ginny Grimsley Ever since the financial crisis of 2008, many pundits and experts have openly doubted the viability of achieving the American dream. With homeownership, job opportunity and retirement security in decline, an Allstate/National Journal Heartland Monitor poll shows that most Americans agree with what the experts have said. Seven in 10 think that tomorrow’s adults – today’s kids – will have less financial security than adults today. “There are several long-term issues we need to address, including our estimated $17.3 trillion debt, a legacy that our children are poised to inherit; but I think the United States will be stable for the next 10 years, and maybe longer if we get our financial house in order,” says Stephen Ng, founder and president of Stephen Ng Financial Group,. “Many Americans who’ve worked their entire lives for a comfortable, if not luxurious, retirement want to know their money will be there – that’s their dream.” Ng is an international financial planner with certifications in 19 states. He’s passionate about teaching sound wealth p