Ep 88: Who Even Needs an Advisor?

A lot of us don’t have the time or knowledge to properly dedicate to a robust financial plan, that’s why having a financial advisor is so important. But, who really needs a financial advisor? Probably, most of us. Are you a procrastinator? A financial plan is certainly not the place you want to procrastinate.

Maybe you don’t know where to start. There’s so much information out there! For a lot of people, the hardest part is starting. There might be a lot of things out there you aren’t considering and that can set you behind on your plan without you even knowing it. The closer you get to retirement, the harder it is to recover from mistakes. On today’s episode, we’ll discuss who really needs a financial advisor and why.

 

What we discuss:

2:21 – Are you a procrastinator?

4:10 – Do you know where to start?

5:45 – You don’t know what you don’t know

7:14 – Once you get into your 50s and 60s

8:42 – Are you too busy?

10:13 – All the conflicting opinions

14:43 – Mailbag: “My kids are grown; do I still need life insurance?”

16:22 – Mailbag: “I want to travel; I need a higher income in retirement. Is that irresponsible?”

 

Get additional financial information: https://principalpreservationservices.com/retirement-reality-podcast/