Retirement Planning from a Place of Sufficiency Retirement Planning from a Place of Sufficiency Scarcity vs. Sufficiency in Retirement Planning - Upending the Money Management Model Monday, June 1, 2020 0 Benjamin Combs discusses scarcity vs. sufficiency in retirement planning, and upending the money management model as he launches The Advisory Cooperative, a new virtual and brick-and-morter... Read more
Golden Connection Letter Writing Golden Connection Letter Writing Fighting Loneliness and Isolation Through Letters Monday, May 18, 2020 0 Bernadette Hudgins' Golden Connection Senior Services is a caregiving and consulting firm, whose focus is providing companionship and engaging in interactions and technology for seniors. Read more
Interior Design for Seniors Interior Design for Seniors With Shari Stein of Design Team + Thursday, May 14, 2020 0 Shari Stein is the principal interior designer of Design Team +, in Birmingham, Michigan. In this interview, we discuss her passion in designing user-friendly homes and assisted living facilities... Read more
Telemedicine at its Best Telemedicine at its Best With Justin Di Rezze, M.D. Wednesday, May 13, 2020 0 Justin Di Rezze, M.D., Chief Executive Officer of Theoria Medical and 5-Star Telemed, discusses the rising standard of care through state-of-the-art telemedicine in hospital and senior care... Read more
Laurie Blume / Wednesday, March 11, 2020 / Categories: Financial, Advance Planning Choosing A Financial Advisor Tips and Advice What are seven key issues to consider when choosing a financial advisor? Do not hire the first financial advisor you meet. Interview at least a few advisors before picking the best one for you. Choose an advisor whose specialty will meet your needs. For those of us who are gracefully greying it is important to find someone who specializes in retirement planning. Pick an advisor whose strategy is compatible with your needs. How conservative should you be? Do you want to go into stocks, bonds, index funds, a blend? These are all important issues to discuss with a prospective advisor. Always check references. Ask about credentials. What tests has the financial advisor passed. What are his or her certifications? Be careful of branding. Just because an advisor is with a major investment house, does not necessarily mean that he or she will meet your needs. Understand how the advisor is paid. Is it a flat rate, a percentage of your assets under management? Will it be based upon commissions by mutual funds? This can be a serious conflict of interest. Be wary of churning an account to generate fees. These are just some basic points. They are important especially when it is dealing with your future and financial health. How to Choose a Financial Planner is an interesting article published by the WSJ that is worth the read. Print 20883 Tags: Financial Financial Planning More links How to Choose a Financial Advisor - NerdWallet How to Choose a Financial Planner - The Wall Street Journal How to Choose a Financial Advisor - U.S. News How to Choose a Financial Planner - AARP How to Choose a Financial Adviser - Kiplinger Related articles Key Financial Tips - Don’t Panic! A Tale of Two Losses: Your Memory & Your Money Can't Pay Your Taxes? The Perils of Caregiving: Protecting Finances Daily Money Management Reverse Mortgages for Seniors The Cost of Long-Term Care Saving for the 3 Stages of Retirement Seniors and Reverse Mortgages Don't Panic!