Fiduciary Financial Planners

Fiduciary Financial Planners
Retire On Track LLC.

Want the Financial Planner Relationship that Will Most Benefit You? 

In the most strict sense, when you work with a fiduciary you are working with someone who cannot legally benefit from the business they do in partnership with you. A fiduciary financial planner, therefore, is someone who cannot ask you to act on their suggestions for building your retirement savings or your investment portfolio unless those suggestions will directly benefit you. 

Adding to the benefit of working with a fiduciary financial planner is that a fiduciary financial planner is obligated to act in your best interest. It is no more acceptable for a fiduciary financial planner to benefit from an honest mistake that they have made than it is for him or her to advise you to make an investment that will only benefit them. 

Further, fiduciary financial planners - if they make a profit acting on your behalf - must tell you about the profit, and it will be up to you to decide whether or not they are able to keep the money that they made. Because it seems to most people that a relationship with a fiduciary financial planner is a sure fire way to get the best advice, many people choose to act. 

However, even though you should be able to completely trust your fiduciary financial planner and you trust that your he or she will act appropriately - that he or she will act in your best interest and keep you informed of any gains that were made - it does not hurt to take advantage of a tool that would allow you to better stay on top of your own savings and investment accounts. 

One such tool is Bob's free retirement calculator that can be accessed by clicking the blue button at the bottom of this page. The free retirement calculator will allow you to analyze your savings accounts to see how they have performed and how they will perform for you given the rising costs associated with inflation and changing interest rates. 

Similarly, you will be able to analyze the investments that your fiduciary financial planners have suggested to you. You will be able to look at the stocks, bonds and mutual funds that you hold to see how those investments have performed in the past. You will also have the opportunity to view projections for how your investments are expected to perform over time. 

Because you will be able to view projections over the next thirty years, you will be able to see two primary things. First, whether or not the information given to you by your fiduciary financial advisor about the investment's projections was correct. And, second, you will be able to see how the investments that you have made will be affected - just as the money held in your savings account was - by changing interest rates and inflation. 

In addition to being able to analyze your current investments, you will be able to use the retirement calculator to analyze those changes to your investment strategy that your fiduciary financial advisor suggests to you. You will be able to carefully look at the effects those investments might have on your retirement savings - even before you give your fiduciary financial planner the okay to make the investment. 

Because with the retirement calculator you can be absolutely sure that your savings and investments will benefit you - and not your financial advisor - when the time comes for you to retire, you will be able to have a greater sense of confidence in your investment strategy. Though you trust your fiduciary financial planners it does not hurt to add another level of security. Click the blue button to access Bob's free retirement calculator so that you will be able to see for yourself that you are getting the right information to help you to reach your financial goals.
 

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