Every client has different financial goals and finding the right advisor to help them achieve those goals is important.
Today we are going to go over ways you may, and may not, want to “go against the grain” with your finances. There are many differing opinions on topics like mutual funds, cash in the bank, debt, and more. A good advisor will explain to you the pros and cons of topics like annuities and life insurance, for example, so you can make informed decisions about where to put your money.
It’s difficult to know how much risk to take with your investments. An advisor should always tailor their advice to each client because what might be profitable for one portfolio, may not be profitable for another.
Join us on today’s episode as we break down these major topics:
- Why you should still plan for retirement if your parents didn’t, and they turned out fine.[2:40]
- Knowing whose advice to listen to. [5:00]
- Money problems don’t go away, so stress is not a good reason to avoid planning. [8:22]
- Being too busy to plan for retirement will catch up with you.[11:10]
- Is perfectionism preventing you from reaching out to an advisor? [20:00]
A Quotable Moment
“Who do you listen to? It’s gotta be somebody you connect with…somebody that’s helping you walk through this plan in the beginning, then managing and implementing it along the way throughout retirement.”
-Phil Putney
