No, but it’s a wise choice for many reasons. Just like you may not “need” a mechanic to keep your car running, it’s a good idea to hire one to make sure the job’s done right.
Why Find a Financial Advisor?
It’s a wild world out there. The economy is crazy. Life and your needs change constantly. You shouldn’t face it alone. Throughout the many stages of life, an advisor keeps your finances on track and helps you with:
- Marriage– The joining of two people into one household is far more complicated than deciding what furniture stays and what goes.
- Divorce–Divorce derails existing financial plans.
- Birth–Diapers aren’t cheap! Plus food, clothes, school etc.
- College– The value of a college education is well worth the investment, but costs rise every year.
- Job Change– How do you roll over your retirement savings plan from your former employer?
- Retirement– Social Security won’t be enough for you in retirement. How much will you need to save to live on?
- Inheritance or Sudden Windfall– There are tax implications to consider. How can you best maximize your assets?
There are many different types of advisors and over a hundred different credentials and accreditations. Different financial professionals have different areas of expertise and training. To learn how to find the right advisor for you and not a scam or rip-off artist like Bernie Madoff, read my new e-book, How to Choose a Financial Advisor. How to Choose a Financial Advisor will help you reach your financial goals.
Note: This is a downloadable e-book, not a book made of paper.