Questions to Ask a Financial Advisor

What Questions Are on Your List? 

Retire On Track LLC.

When many people talk with a retirement counselor for the first time, they show up with a list of questions to ask financial advisors. Asking the right questions can help you to find the right financial advisor for you. However, that does not mean that you should only go into a meeting with retirement planning professional armed with popular questions. 

Popular entries on a list of questions to ask financial advisors include the following:
How long has he or she worked in financial planning;
What kind of people does he or she typically work with;
What types of investments does he or she typically recommend to clients; and
How clearly can he or she communicate with you? 

All of those are important considerations. After all, you don't want to work with a financial advisor who has little or no experience. You don't want to work with a financial advisor who does not typically work with people whose income levels or goals are very different from your own. 

Likewise, when you pose questions to a financial advisor about the types of investments that he or she offers, you will be able to tell whether those are investments that you are comfortable with - especially when the answer is given in a clear, easy to understand way. 

However, before you create a list of questions to ask financial advisors, you may find it beneficial to learn more about the savings and investments that you already have. One way of doing that is to download the free retirement calculator at the bottom of this page. 

When you do so, you will be able to enter information about the savings accounts that you currently have - your Individual Retirement Accounts, your annuities accounts, even your employer-sponsored 401K. Likewise you will be able to enter information about the stocks, bonds and mutual funds that you have invested in. 

And then, you will be able to see how those savings and investment accounts have performed over time. You will also be able to see the ways in which your investments are projected to perform in the future. You will be able to see how your retirement savings will be affected by changing interest rates and by the rising costs of inflation. 

Similarly, you will be able to take a closer look at investments that you have heard about, investments that you are thinking about making. You will be able to see how they have performed and to see projections for them. 

And then, you'll be able to create a new list of questions to ask financial advisors. You'll be able to ask about which investment would better help you reach your goals: the one you have or the one you are thinking about making. You will be able to ask questions about your investments to see whether the retirement counselor has the same information that you do. 

And, you will be able to pose those questions to a financial advisor without arranging for a consultation; when you download the free retirement calculator, a free consultation with a financial advisor will be arranged for you. You'll be able to ask questions that you have added to your list, and you will also be able to ask more specific question about your own savings and investment strategies. You'll be able to get the advice that you need to create a plan that will help you to reach all of your retirement goals. 

Why settle for a list of general questions to ask financial advisors when you can create a list of questions that are specific to your retirement plan? Simply click the blue button below, download the free retirement calculator - find out what questions you should be asking.