I know this often comes across as simply common sense, but you might be surprised how often people speed through the opening step to your eventual financial freedom, retirement, etc., which is selecting the right financial advisor for your needs. You’re essentially preparing to build a house, and starting with a solid foundation is of the utmost importance. You wouldn’t put a house down on muddy, unstable swampland, right? Get the foundation right, and the rest of the process will move more smoothly, with a greater sense of stability as well.
No matter what financial level my client has reached, he or she always puts one thought front and center when we first sit down to create a plan — RETIREMENT. Over the past few decades the retirement savings landscape changed drastically, and it’s crucial that you roll with these changes. Here’s an excerpt from a great article by Matt McCoy, where he focuses on the 3 reasons why your retirement will look much, much different than that of your grandparents’ (and that’s not necessarily a bad thing either)…
