A Prescription for "Happy Aging"
Wharton's Take on Retirement

A Sound Decision

MusingsOne of the better decisions my wife and I made was engaging the services of a financial planner. Truth be told, at the time we picked the person out of a phone book -- but we did some preliminary research. We knew what we wanted (an independent CFP who had no vested interest in selling us products) and which questions to ask. 

That was over thirty years ago, and we are still working with the same person. Our financial planner has been a valued advisor, helping us protect and preserve our capital, assisting us with important investment decisions, and guiding us in planning for college and retirement expenses. It was our financial planner's counsel that helped us plan for relocating and an early retirement.

I hope you have had a similar experience with a financial planner who has put your best interests first.  If you haven't used a financial planner, keep in mind that, while earlier is better, it is never too late to work with one. Too many Boomers have under-funded their retirement and could be in for a shock in their later years. That's where a financial planner can help.

If you're unsure how to proceed, begin by doing some online research about financial planning. Ask friends and family if they have any recommendations. There are also several books that offer guidance; a good one to start with is "A Good Financial Advisor Will Tell You..." You can order it directly from Amazon below.

 

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