SOURCE: Karcher Agency

September 18, 2006 11:00 ET

Financial Services Planner Mark Karcher Encourages Financial Check-Ups for Workers Facing Layoffs

Michigan's Economy and Job Market Require Workers to Plan Ahead

DEARBORN, MI -- (MARKET WIRE) -- September 18, 2006 --With Ford Motor Company announcing its dramatic cutbacks of hourly and salaried employees, it's time for these workers to take a hard look at their financial situations, according to Mark A. Karcher, vice president and head of the financial services department at the Karcher Agency, Inc. in Dearborn.

"These workers need to go through a checklist of what resources they have and what their goals are to secure their family's financial future," said Karcher.

While preventive health care can help people avoid health-related problems and reduce health care costs, financial check-ups can be life-savers as well. Karcher noted that most people will take more time planning the family vacation than planning their family's financial future.

Karcher explains that it's his role to help people face tough financial questions. He considers himself an advocate for his clients' spouses and children. Karcher typically spends several sessions with clients to evaluate their current situation, provide recommendations and then implement a plan.

"Anytime someone is faced with the loss of employment, change of career, marriage, birth of a child or other significant life change, a financial check-up is in order," added Karcher. "In the long run, you'll be better prepared if you're proactive about tackling these financial issues."

Karcher represents an impressive line of mutual fund companies and private wealth managers. He is a registered representative of and offers Securities, investment advisory and financial planning services through MML Investors Services Inc., Member SIPC. Karcher Agency Inc. is not a subsidiary or affiliate of MML Investor Services.

About The Karcher Agency

Founded in 1934, the Karcher Agency is an independent property and casualty firm located in Dearborn, Michigan. For more than 70 years, the agency's well-trained professionals have assisted individuals, families and businesses with their insurance and financial planning needs. The agency offers a wide variety of insurance and investment products. For more information about receiving a financial check-up and other services, visit www.karcheragency.com, or call (313) 277-4600.

Contact Information

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    Margaret Blohm, APR
    Margaux & Associates, LLC
    313-406-3467
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