Do You Trust Your Certified Financial Advisor?
Retire On Track LLC.
How do you know that you can trust your financial advisor? Even if your financial advisor is certified and comes well recommended, do you worry that your goals and concerns are not really being heard? Are you afraid that, regardless of how well qualified your financial advisor is, you can't put your complete trust in his or her advice?
While it is important to trust your financial advisor, it is important to listen to the doubts that you have. If you are concerned that your financial goals are not the top priority of your certified financial advisor, then you need to do a bit of research into your own savings and investments.
After all, when you're working with a financial advisor, the goal should be reaching your financial goals. Ask yourself these questions:
Has your certified financial advisor asked you these questions? Has he or she been able to help you work towards answering them? Do you trust the answers that you've come up with?
One way to know for sure whether or not you can trust the advice that you're getting from your certified financial advisor is to research your savings and investments for yourself. And the easiest way for you to do that is to download our free retirement calculator.
With this calculator, you'll be able to take a closer look at the savings and investment accounts that you already have. You'll be able to see how those accounts -whether those accounts include your 401k, an annuity account, an IRA, stocks, bonds or mutual funds that you've invested in -have performed over time.
More importantly, you'll be able to look at projection for how your savings and investments can be expected to perform over the next 25 years. You'll be able to see how your retirement income will be affected by changing interest rates and inflation.
You'll also be able to see what changes will occur when you make changes to your accounts. You'll be able to see how your income would be affected if you needed to make a withdrawal from your retirement savings. You'll be able to see how your retirement savings would be affected if you were to invest in a different mutual fund, or if you were to rollover your 401k into an IRA.
And you'll be able to see for yourself whether or not the advice that you've been getting from your certified financial advisor is something that you can trust. And, if you still have questions, you can take advantage of the free consultation with one of our retirement counselors to see what steps you can take -both to secure your financial future and to relearn to trust your financial advisor.
Just keep in mind that, in order to have a trust-based relationship with your financial advisor, you need to know more about the way your savings and investments work for you. When you understand your savings and investments, it is easier to plan for your retirement. And, when you download our free retirement calculator, it is easier to understand you retirement plan.
Not sure whether or not you trust that the certified financial advisor is helping you create the income you'll need when you retire? Click the red button to download our free retirement calculator. Learn more about your investments; see for yourself whether or not they will create the retirement that you deserve.