Let’s talk about something that can feel a little awkward: asking for help with your finances—especially when it comes to planning for retirement.
For a lot of people, hiring a financial planner feels like admitting defeat. “Shouldn’t I be able to figure this out on my own?” Maybe. But the truth is, just like you’d hire a contractor to renovate your kitchen or a mechanic to fix your car, there comes a point when bringing in a pro is not just smart—it’s necessary.
Here are a few signs it might be time to bring a financial advisor or investment manager into your corner.
1. Retirement Is Starting To Feel Real
Maybe retirement is five years away. Maybe it’s right around the corner. Either way, when it starts to feel like more than just a far-off dream, it’s time to get serious about your plan . A financial advisor can help you turn vague goals into a clear strategy—and help make sure you don’t overlook something important.
2. You’re Not Sure If You’re Saving Enough
One of the most common questions I hear is: “Am I on track?” And honestly, it’s a great question. But the answer isn’t always simple. A financial planner can look at your full picture—income, expenses, investments, insurance, taxes—and help you figure out whether your current path gets you where you want to go.
3. You’ve Accumulated Multiple Accounts Or Assets
If you’ve got 401(k)s from different jobs, IRAs, brokerage accounts, or even rental properties, it might be time to call in a professional. An advisor can help consolidate, organize, and align your investments with your retirement goals—and potentially uncover efficiencies that save you money along the way.
4. You’re Unsure How To Invest For Retirement
Whether you're a DIY investor or someone who's always been a bit hands-off, retirement planning requires a shift in strategy . It’s not just about growing wealth anymore—it’s about protecting it and making it last. A financial planner or investment manager can help build a portfolio designed for income, not just accumulation.
5. You’re Worried About Taxes, Healthcare, Or Legacy Planning
Retirement isn’t just about the money you’ve saved—it’s about how you use it. That includes thinking through tax-efficient withdrawal strategies, Medicare and long-term care planning, and how you want to pass along assets to your loved ones. These aren’t decisions to make on the fly.
6. Clarity and Confidence
This one might be the most important. If you’re losing sleep wondering if you’ve missed something, or second-guessing every financial move, that’s your gut telling you it’s time for support. A trusted advisor offers more than financial guidance—they offer confidence and clarity.
Final Thought
You don’t have to go it alone. In fact, the best time to hire a financial advisor is before you feel overwhelmed. It’s about being proactive, not reactive. Whether retirement is a decade away or right around the corner, having someone in your corner can make all the difference.
As always, stay healthy, happy, and on track toward a retirement that’s truly yours.
By Andrew Rosen, Contributor
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