Make Sure That Your Financial Advisors Are People Who You Trust
There are a number of things that are important to most people. On that list, financial security often rises to the top. But can you achieve financial security without trusted financial advisors? More importantly, what characteristics should a trusted financial advisor have?
To begin with, a trusted financial advisor is someone who is objective and impartial - someone who understands that the financial planning that is being done is yours and that, therefore your interests and goals come first. A trusted financial adviser will also help you to create a detailed plan for achieving your goals - a plan that is created to benefit you, both now while you are still working and once you have retired on your savings and investments will take the place of a regular paycheck from your employer.
More than that though, trusted financial advisors will help you to understand asset management. A trusted financial advisor will offer you a variety of products and services with which to build your financial security and will be able to explain to you not only how they work, but also how it can benefit you to take advantage of them. Further, a trusted financial advisor should discuss your savings and investment strategies with you over time so that you are able to know what progress is being made towards reaching your goals.
But a trusted financial advisor is not the only tool available to you that can be used to evaluate your savings and investments. In addition, you can download a free retirement calculator by clicking the blue box at the bottom of this page.
Along with your trusted financial advisor, this retirement calculator will allow you to look at the savings and investment accounts that you have. With it, you will be able to see how your accounts - as well as the individual stocks, bonds and mutual funds that you have invested in - have performed over time.
You will also be able to look at projections for how those investments will go on to perform over time. You will be able to look at projections for individual investments and for your investments as a whole; and you will be able to see the estimated value of your savings at the end of a twenty five year period. And you will be able to feel confident that your investments are working for you in the way that it appears that they will; the projections will take into consideration the ways in which changing interest rates and inflation will affect the amount of money that you will have available.
In addition, when you have the free retirement calculator, you will not only need to take your trusted financial advisor's suggestions into consideration when the time comes to make a change to your investment portfolio. With the retirement calculator, you will be able to see for yourself how those changes - along with other changes like a withdrawal from your retirement savings to pay for a necessary expense - will affect your savings over time.
Regardless of how much belief you have in the experience of your trusted financial advisor, it can be a great comfort to see for yourself that your savings and investments will be enough to meet all of the financial goals that you have for your retirement. If you are looking for that extra layer of security, click the blue button below; download the free retirement calculator and see for yourself that the advice received is the advice that you need.
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