Do Sugary Drinks Lead to a Shorter Life? Do Sugary Drinks Lead to a Shorter Life? Lay off the Sugar Wednesday, March 11, 2020 0 People who regularly consume sodas, sports drinks, and other sugary beverages may be more likely to suffer a premature death, a new study has found. Read more
Daily Money Management Daily Money Management How Do You Spend Your Money? Wednesday, March 11, 2020 0 How we manage our money on a daily basis is an important issue as we are gracefully greying. Determining the amount of money we need to live on depends on our age, lifestyle and retirement plans... Read more
Saving for the 3 Stages of Retirement Saving for the 3 Stages of Retirement Planning Ahead Wednesday, March 11, 2020 0 How much money do you need to retire? This is a question that we hear frequently and it seems that there is no one simple answer. There are three stages of retirement, all of which require... Read more
Key Financial Tips - Don’t Panic! Key Financial Tips - Don’t Panic! Remain Calm in Turbulent Times Wednesday, March 11, 2020 0 A key financial tip for those of us who are gracefully greying is not to panic. This is obviously easier said than done in this current time of the Coronavirus, as it has impacted all of our... 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 20858 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!